Evaluating the Quality of Earnings

In this article, WSW host Anthony Scaramucci discusses the importance of the quality of earnings when assessing a company's free cash flow and determining its value.

Robert Olstein on Valuing Companies

Bob Olstein discusses the process for valuing companies in this 30-minute feature interview with Anthony Scaramucci and Gary Kaminsky.

Is Boring Beautiful?

Eric Heyman discusses the merits of Brady Corp, in this issue's 'Uncovering Value' feature.

Unloved, but Cash Rich

In this 'Mutual Fund Snapshot' feature, Eric Heyman discusses the Olstein Strategic Opportunities Fund emphasis on a company's ability to generate free cash flow.


Investing involves risk including possible loss of principal. Investors should carefully consider the investment objectives, risks, charges and expenses of the Olstein Funds.  This and other important information is contained in the prospectus, which should be read carefully before investing.  For a copy, click the prospectus link below.  

Fund holdings are subject to change at any time.  

Please click here for fund holdings for Olstein All Cap Value Fund.
Please click here for fund holdings for Olstein Strategic Opportunities Fund.

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow. Free cash flow represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet.

Past performance is no guarantee of future results. This information is not an offer to sell or a solicitation to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase, or sale may not lawfully be made. Important legal information – please read the disclaimer before proceeding. Be sure to read the Olstein Funds Privacy Policy before becoming a shareholder. Click here to read the disclaimer+