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.
It's called Genius and Heroin by Michael Largo, the same guy who wrote Final Exits. Genius is full of stories about famous people and their famous vices-including, but not limited to, heroin. 1. Sigmund Freud-cocaine. At first, his interest was purely medical.