Forensic accountant Anthony Scilipoti explains to Shane Parrish why treating EBITDA as cash flow distorts corporate financial health.
0:00 / 0:05exact quote · 5.9s
720p mp4 · rendered on demand · StarZero watermark
“EBITDA is the mother of all disastrous measures.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Anthony Scilipoti
Opinion
Scilipoti: The AI Ecosystem Relies on Circular Financing Involving Nvidia
“NVIDIA invests in OpenAI, and NVIDIA is a supplier of chips to OpenAI. So it's all circular, what's going on here.”
Anthony ScilipotiOct 28, 2025▶ 31:10Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
Insight
Scilipoti: In Raging Bull Markets, Experience and Knowledge Become Handicaps
“During raging bull markets, knowledge is superfluous, and experience is a handicap. Because if you have the benefit of knowing what happened in all the other blowups, you know how painful it could be. But if you've never experienced it, and every time somethin…”
Anthony ScilipotiOct 28, 2025▶ 26:46Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
PredictionNot checkable as stated
Scilipoti: Vendor-Financed AI Chip Bubble Is Highly Vulnerable to Collapse
“But if this is happening over hundreds of transactions, where it's making investments like this, in its own customers, then what ends up happening if all of a sudden it runs out of the ability to get cash or the customers end up having problems selling service…”
Anthony ScilipotiOct 28, 2025▶ 34:48Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
Opinion
Scilipoti: Apple's Debt-Funded Share Buybacks Pose a Major Financial Risk
“And I look at Apple, and this is what concerns me. Revenues are growing. Minimal. And yet, it generates meaningful cash because it has a brand. People are still willing to pay eight, 2000 dollars for a new phone. There's a lot of competitors, and I'm not sure …”
Anthony ScilipotiOct 28, 2025▶ 1:19:06Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
PredictionNot checkable as stated
Scilipoti: AI will completely replace entry-level junior financial analysts
“The bottom level of being an analyst, the junior analyst is, is going to be replaced by an AI. The one that said, find me all the references of, you know, where the company capitalized costs. That the AI can do.”
Anthony ScilipotiDec 23, 2025▶ 46:00Be Your Best in 2026: The Most Important Lessons from The Knowledge Project (2025)
Opinion
Scilipoti: Arthur Andersen was scapegoated for systemic accounting flaws
“It became a scapegoat for everything wrong with accounting at the time, and look, change needed to happen.”
Anthony ScilipotiOct 28, 2025▶ 5:36Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.