One Quarter of the Way (March 2024)

As I write this newsletter, we are one quarter of the way through the year. It’s always a bit hard to believe how quickly the days turn into weeks, and then months and then quarters.  But let’s not get ahead …

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Finance 001 (May 2023)

This message is so basic that it doesn’t deserve the title Finance 101. My hope is that none of my regular readers find anything useful in here but that they pass it along to someone else as a public service …

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Abuse of Power (March 2023)

To those of you who read the title and assumed that I was going to go political, I’m not.  Although that would be easy to do these days no matter the side of the aisle on which you reside. Instead, …

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Deals 101 (February 2023)

I’ve worked on a number of transactions during my career. The first one was the $5 billion merger between Burroughs and Sperry. The rest have been far smaller. The lessons I’ve learned in the first and across many of the …

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Setting Budgets (January 2023)

We’re a month into the new year and by now, you should have your 2023 budget firmly established. But for the few of you out there who don’t, there is still time. And for the rest of you, I’d like …

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Disparate Pieces of Advice (October 2022)

It’s nice when you seek expert advice from several sources and end up with consistent recommendations that both make intuitive sense and are in line with research you’ve done. But that doesn’t always happen; so what do you do when …

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