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 …
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, …
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 …
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 …
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 …
Over spring break, I was on a scuba diving trip with my son. It was his first open water dive since being certified. After the dive, we took our gear to the car, and I returned to the boat. There …
In almost every sport, there are high probability shots or plays and low probability ones. I’m relatively new to the world of hockey as my son started playing three years ago but even I can distinguish between high and low …
More than a decade ago (hard to believe it has been that long) I wrote Only The First Two Digits Matter. For the vast majority of what I do, that remains true. There are times, however, when all the digits …
There are instances when there is tension between doing things the right way or doing them right now. With few exceptions, I prefer to do things the right way. The extra time spent today almost always pays long term dividends. …
Does your company have a strong balance sheet? One of the focus points I have with each of my clients is their balance sheet. Some clients come to me already having a strong balance sheet while others arrive with a …
