Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Weekend July 21, 2019 We are discussing Dr. Deming's Total Quality Management System in ACCT 3314. Supreme Commander is the story of how MacArthur accomplished a near impossible feat. He had to remove the influence of those who had started WW II. He introduced women into a much larger role in society, reason being so…
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Monday Feb 11, 2019 I have been amazed at how many people want to buy a Tesla given that there are no dealers.Which means there are no parts and no trained mechanics. GM Ford Toyota et al maintain very high standards for approved mechanics who must attend classes on the latest service bulletins. Sure enough,…
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Weekend Feb 2 2019 Here is a classic story of how the accountants at GM made an error on the best designed motorhome either then or now. Successful people think in terms of decades. Losers think bout Tuesday all day Tuesday. https://en.wikipedia.org/wiki/GMC_motorhome
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Monday Jan 28 2019 An article in the WSJ suggests Tesla could learn from Apple. Steve Jobs tried manufacturing only to close the plant. Now Apple outsources manufacturing to a third party. https://www.wsj.com/articles/tesla-should-pull-an-apple-leave-production-hell-to-other-people-11548435605 Why not do the same for Tesla? Tesla has not met its goals for the lower priced model production. GM…
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Thursday Nov 29, 2018 Bandera Partners has proposed new Board members for Luby's. One can see the price of the stock bounced to the upside on this news. Bandera Partners note that Luby's hassold $88 M worth of real estate which is twice the current market capitalization of the company. Those assets are gone…
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Tuesday Nov 13, 2018 Thanks to a helpful tip from Mark Goldman, I am providing a link to Professor Farhat's accounting lectures. Here is the Edspira link https://www.youtube.com/results?search_query=edspira+accounting+videos This is a link to his main page which displays all his offerings. Notice he has about 33,000 followers! And he…
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Monday Oct 29, 2018 On Thursday, November 15, 2018 we will be having our next networking dinner meeting. For both sessions, Lawrence Coffee and Mike Lovelace from Aventine Hill Partners will be discussing Business Intelligence and the amazing kinds of actionable information available to executives and leaders via desktop dashboards. Microsoft Power BI is the…
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Wednesday Oct 10, 2018 Sears has employed a firm specializing in bankruptcies. The article is a textbook lesson in why the cash flow statement is the most important. Sears has simply failed to generate cash to re pay debt and fund operations. We have written about this for some time noting Eddie Lampert is no…
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Tuesday Sept 25 2018 In a corporate take over one never wants to be the takee. The result is is never good. Marathon's purchase of Andeavor may mean the refiner is relocated to Findlay, Ohio. Andeavor has some 1,500 employees in SA and occupies a huge complex at north 281 and 1604. but perhaps this…
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Tuesday Sept 25 2018 Ed Lampert continues to prove he may be a fund manager but he is not a retailer. He has been selling what is of value like the Craftsman and Kenmore names. Now he is floating various schemes trying to keep what is left a float. One is a stock in exchange…
Professor Elam 