How true....

Something I heard recently from Infosys CFO V Bala..

"Cash is reality, profit is a matter of opinion"

He was talking about how Infosys focuses on strong cash flows and low receivable days

How true! I will always remember it

In the same token, "snow is reality, feeling cold is a matter of opinion" - inspired by the first of many 5 inch snowfalls of the season today (lame I know)