Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Sunday Feb 26, 2012 How can this be? What does this tell you? Will Chrysler sell 50,000 FIat 500s this year? Does that matter? As I recall Ancira initially turned Fiat down on a dealership Did Ancira know more than Chrysler? See, accounting and marketing come together….. Ciao!
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Tuesday Feb 21, 2012 Tucked away on page C 3 today in the WSJ is the revelation that, yes, the US nears adopting IFRS, well sort of. In the subdued manner of tepid, lukewarm, one toe in one toe out doublespeak that only a Federal Govt Accountant can best muster, SEC Chief Acct James Kroeker…
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Tuesday February 21, 2012 I have asked both Intermed classes to post comments on the Dodd Frank legislation. It is linked im a recent post here to an Economist magazine article. This morning the front page of the WSJ carries the article FED Writes Sweeping Rules From Behind Closed Doors. The article notes that the…
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Monday February 20, 2012 Barney Frank and Chris Dodd have passed the truly horredous Dodd Frank Finance Regulatory bill. Already big banks have laid off thousands of employees.Click the hyperlink to read what a tangled web has been created. Here is a J P Morgan depiction of this mess.
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Wed Feb 1, 2012 Mark Hulbert interviews a Finance Professor on IPO history discovering that Facebook may be priced at 40x what it should be. TMP has already suggested that a Facebook IPO will likely be a socionomic top for the market run from March 2009; it looks even more that way now. Note a…
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Monday Jan 30 2012 Welcome to our first audio post on Professor Elam. Today we highlight articles in the Monday Jan 30 WSJ. The idea is to explain why and how students would profit from a WSJ subscription. With your computer speaker turned on or your headphones plugged in you should be able to hear…
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Wed Jan 25, 2012 Check out Apple's last quarter results. This carticle makes it clear why it is important to study accounting, note the improvement in gross margin. Kindle and iPad are both able to expand as new items in the IT market. PC sales are flat I would expect. Notably neither HP nor Dell have…
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Monday Jan 23, 2012 Those clever profs at the University of Iowa have created their own Futures Market. Yep the Tipple College of Business will let you invest up to $500 to wager on real outcomes for real events. Here the current thinking on the various political races is on display. Wagers on Romney have dropped…
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Friday Jan 20, 2012 In the 1970s a new leader emerged in tlelevision production. Sony had its three gun Trinitron television which produced a much more clear picture than the Zenith or RCA. Indeed demand was so great Sony decided to start making the sets in the US. US dealers protested, certain that quality would…
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Thursday Jan 19, 2012 I made the comment in one class that the intermed book in accounting seems to think that US Steel is still the centerpiece of US Industry. Hardly. Nowadays it's google, apple, amazon, and the rest. And so inventory and fixed assets are about as relevant as buggy whips and spats on…
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