Profits remain the key tostockpicking

I should admit up front to being a strong believer in cashflow as a fundamental basis for equity investment of all kinds, not just equity income funds. I have believed this for many years and so what I say is not intended in any way as a criticism of other investment styles. I do not believe any unique style of investment works to the exclusion of others ' different styles can work very successfully for different people. Cashflow works for me, however, and I will try to explain my thinking and why I believe cashflow is a sustainable and repeatable approach to successfully picking stocks...