Karen Berman

“First, he evaluates a business on its long-term rather than its short-term prospects. Second, he always looks for businesses he understands. (This led him to avoid many Internet-related investments.) And third, when he examines financial statements, he places the greatest emphasis on a measure of cash flow that he calls owner earnings.”
― Karen Berman, Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean

“It might surprise you to know that, for the most part, finance involves addition and subtraction. When finance people get really fancy, they multiply and divide. We never have to take the second derivative of a function or determine the area under a curve (sorry, engineers). So have no fear: the math is easy. And calculators are cheap. You don't need to be a rocket scientist to be financially intelligent.”
― Karen Berman, Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean