Whether it's an under the radar genre or a proper out there podcast

sometimes it's better when you get weird especially when it comes to switching up your soft drink

introducing new Dr Pepper Zero,

with the same blend of 23 unique flavors,

it tastes just as weird as regular Dr Pepper,

but with zero sugar and zero calories.

It's a taste you can't quite put your finger on.

Weird. But in a surprisingly good way, try more weird with Dr Pepper Zero. Hey everybody this is Phil Town and this is

Daniel Town and we're welcoming you guys back to the

Invested Podcast where we're figuring out investing as opposed to speculating.

The way Warren Buffett does it, as best I can understand it from 30 years of doing this and teaching

it to my daughter here over the last couple of years. So we're

welcoming you to join us in this education process. We're kind of wrapping up owner earnings here and we're talking about owner

earnings so we're gonna dive right back into it where we left off from last week and

see if we can't wrap up owner earnings today. We're getting done with it and we're exampleing Fiat Chrysler.

There we go. We're exampleing it. So here we go. So we're going to run Fiat Chrysler's own earnings for 2017. We're gonna be back a little bit so it's not gonna be exactly up to date

And let's just run down it the way we would do it. So do you want to do it? Yeah sure. So I did that. I just picked the most

recent annual report and that's 2017. Right. And then my favorite thing about owner earnings

is that mostly everything is on the cash flow statement. And then my favorite thing about owner earnings

is that mostly everything is on the cash flow statement.

So you just go zip, zip, zip to the cash flow statement

and quickly realize that you know nothing about this company

...