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  1. 2

    EBITDA higher than or equal to gross profit!? D&A causing problems

    Looking at Schlumberger (SLB) annual report for 2015. So...in millions EBIT = $2,991 Depreciation & Amortization = $4,078 EBITDA = $2,991 + $4,078 = $7,069 Gross Profit = $7,308 So EBITDA is pretty much equal to gross profit which implies they had almost no operating expenses. If I go to...
  2. 2

    Fulltime trader loner?

    Lease an office space, install fiber optic internet, cable tv, and computers. Invite area traders to set up shop in your office and charge them rent to pay for office overhead. Loneliness problem solved as long as you get psychologically stable tenants.
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