Taking Stock 

Revenue is vanity, profit sanity, but is cash king?

Mark Robinson

Revenue is vanity, profit sanity, but is cash king?

The future has a habit of creeping up on us. Recently, within the space of 48 hours, I’d managed to pay a gas bill, visit the dentist, settle with the butcher and go to the pub (twice) without ever handing over any cash. It’s odd how quickly things become commonplace, even for those of us old enough to remember how futuristic ATMs seemed when they first appeared. Not that long ago, the idea of a cashless society would have seemed a wholly unlikely prospect, but take the time to tally how much of your monthly spend is completed via electronic transfer and you would probably be surprised.  

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now