Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Thursday March 31, 2011 Donald Trump is a bit more shrewd than his son in law. This is how to invest in real estate. One well to do Ms. Merriweather bult this in Palm Beach in 1924.She left it to the government which decided it was too much to maintain. The Donald shrewdly bought it in…
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Friday March 18 It's a bird It's a plane No, it's the earnings of LULU! (This is a play on the opening words to the old Superman TV Series…) Silly me, I thought LULU might be a little pricey at a 58 P/E. But click on the link and learn that LULU is 'training' its…
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Thursday March 17, 2011 Again, use this URL to access Connect homework, you can no longer access the Connect homework thru Black board http://connect.mcgraw-hill.com/
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Thursday Feb 17 2011 A new book THe Asylum examines oil trading on the New York Mercantile Exchange. The Merc originally began by trading potatoes. The move to oil trading of has resulted in more oil traded on paper than in the real world. Prices reached a staggering $145 in 2008. As I observed this past weekend,…
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Friday Feb 11 2011 ONe thing about tech, it changes the marketplace, just ask Kodak, Polaroid, Smith Corona, Wang, DEC, Iomega, remember zip disks?, and now blockbuster Its for sale Netflix is going gangbusters, how long before the studios bypass nteflix and sell their own product direct>
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Jan 31 2011 Monday In this era of maxuimizing the return for every dollar spent, CFOs are playing a greater role. Forecsting is now centered more on scenario plannig. "There is a distinct need today for strategic CFOs because of the uncertainty of the economy.' And so CFOs are meetings with all depts to better…
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Monday Jan 31, 2011 My friend who writes the car column for the Dallas Morning News commented that he sat in on a me -eting with Sergio Marchionne, the head of FIAT. The writer commented that Marchionne was the most informed auto exec he had ever met. This attention to detail as well as…
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Monday Jan 31, 2011 We are discussing Dr. Deming's theories on Total Quality Management in cost class today. Yet Japan is entering its third lost decade, what happened? Japan peaked at a nosebleed 37,500, and now is barely 10,000. Too much debt and speculation, the banks refused to write off the bad loans, the…
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Thursday Jan 27 2011 As Dave Barry and Jeff Foxworthy like to say you can't make this stuff up. I don't think she would have been as big a hit as Stefani Germanotta, do you, that is her real name? I mentioned that Polaroid had lost its way once the patent rights on instant imagine…
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Thursday Jan 27 2011 You really need to think like Lady Gaga, or the Beatles or any other star that creates their own software. That software can be bought many many times but only had to be created once. By contrast when a carpenter or accountant performs a job for one entity they only get paid once…
Professor Elam 