What is good business and what is good managers?

Good business is this: It generates more cash than it consumes.


Good managers is this: They keep finding ways of putting that cash to productive use.

In the long run, companies that meet this definition are virtually certain to grow in value, no matter what the stock market does.

http://hongwei85.blogspot.com/2011/03/what-is-good-business-and-what-is-good.html