Non-operating activities include interest expenses, tax rates, and large non-cash items such as depreciation and amortization. By removing the non-operating effects, EBITDA gives investors the ability to focus on the profitability of their operations.
Thomas Edison once speculated: Genius is one percent inspiration and ninety-nine percent perspiration.
Duckworth studied under Martin Seligman, the father of positive psychology, at the University of Pennsylvania where she is an associate professor. She has focused on what it means to succeed. Passion and perseverance are the essence of success and no one knows this better than Duckworth.