- Return on invested capital is an interesting metric, one strongly promoted by Buffett and Munger.
- I’ll show how to calculate and the impact it has on investment returns.
- It’s very helpful to those who invest for the long term.
Charlie Munger is known for his view of the investing world that has one advantage over all other views, it works and he has a 50-year track record with a 19% annual return to back up his statements. His view on investing is simple and can be synthesized by the following quote: More →