Professor Elam
Accounting & Investing Info for San Antonio A & M
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One of my profs in the PhD program frequently made a good point. Next time you are with a group of people ask them what they are reading. Interesting that several will not have an answer. So to make a few suggestions and hopefully hear what some of you are up to, here’s my latest…
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Has anyone ever really thought about a radical approach to cars, I mean something really different. Now that gasoline is $3 is it time to re think all that? As I have mentioned before, BMW brought out the Isetta at left in the 1950s. The radical styling and design would never be allowed today, the…
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On May 12 2007 I posted a link that suggests the FASB is considering radically revising the current content of financial statements. I checked with both Thomson and McGraw Hill on that. Neither is expecting that kind of change any time soon, and apparently are skeptical it will happen. I was assured however that if…
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ABV – Accredited in Business Valuation CGFO – Certified Government Finance Officer AEP – Accredited Estate Planner ChFC – Chartered Financial Consultant BVS – Business Valuation Specialist CIA – Certified Internal Auditor CA – Chartered Accountant CISA – Certified Information Systems Auditor CBA – Certified Business Appraiser CITP – Certified Information Tech Professional CCM –…
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Looking back over the last couple of decades, it should be obvious that high tech has become the ‘in thing’ and surely most folks got rich investing there, right? Well wrong, IT is a lot tougher than most folks think. The latest example is COMP USA headquartered right here in Dallas. This company has been…
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I have been critical of the mass move to MBAs observing that one is literally on every corner offered in the day time, evening, weekend, and on line. Now comes Brazen Careerist who suggests that unless it is really from a top school, it is probably of little value. Not only do I agree, I…
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Statistics out of context mean nothing, statistics only mean something in a contextual presentation or shown as a matter of change. Here is what I mean. While I can’t find it on the net, there is a puff piece about Lancaster on the Home Center section of the May 20 DMN. Routinely the paper spotlights…
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Just because class is over does not mean we aren’t keeping an eye open for more links to class. Frankly no one has her finger on the pulse of America better than Oprah Inc, and I am serious about that. Today’s show was on my favorite topic, DESIGN. Click on the photo at left and…
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B/W reports that homebuilders are still in a hole. We have followed this story for you as well as every pundit who has mistakenly thought the worst was over. Well, it’s not. Chapter 11s, high interest loans, off balance sheet debt, and now Moody’s reports that several homebuilders will be in default of their loan…
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Private Equity Cerebus bought Chrysler. Well sort of. Cerebus contribution will go to shore up Chrysler capital. This is the sort of mentality you see when someone is so disgusted they just say, I want out. Daimler let go 80% but read the link and you will see they virtually paid to get rid of…