Professor Elam
Accounting & Investing Info for San Antonio A & M
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Believe it or not, the ‘car’ pictured at left is an Isetta, OK that is the easy part to believe, Now would you believe that making this ‘car’ kept BMW no less in business while it worked on the fore runner of the BMW 1600? Yep BMW was in such bad shape after the war…
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Jason noticed that NIssan is eyeing the under 10KL car market. Well boys and girls (here he goes again, sigh) years ago about 1968-69 I wandered into the BMW Nissan dealer on Lamar in Austin Texas. I could not understand why the Datsun 510 with the same basice tech specs was about $2500 and the…
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Matt asked a good question in the grad class, here is the exchange from the blog in case you missed it. I understand the content of delivering a good presentation, but on the note I would like to point out that though she was disappointed in our attire, the presentation was designed for an informal…
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April Young brought an article in the WSJ to my attention. Firms must estimate how much they will pay in income tax to estimate how much net they earn, ie, avaialable to common shareholders. Well, as we have seen in INTERMED II, that depends on the charge for options exercised. Well that depends on how…
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UT Austin has garnered writing and corresondence concerning David Mamet. Click on the hyperlink to learn what David has written that you have probably seen or read. Glengarry Glen Ross, on my list of suggested movies is among his writings. The Harry Ransom Center at UT Austin has been particuarly aggressive in adding to its…
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Looks like we will need to know a lot more names than Honda and Ford in the near future. Jason in the grad class spotted this article on Chinese autos. The Beach Boys and Jan and Dean came to fame years ago rhyming lyrics with car names and manufacturers, if you don’t think that is…
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We have been studying costs in, well, cost class. The Logan appears again at left. Now B/W (remember Ariane mentioned this magazine to the class both last semester and this semester, no wonder it is a regular feature in this blog). And so as Audi introduces its new $100K+ supercar, the race is on to…
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I went to the big kick off, grand opening, gala, high roller enclave only for the Allen Group DLG Friday. Check it out here at Dallas Logistics Hub. This is being touted as the biggest thing for Dallas since the DFW Airport. What do you think? Note, we have the vacant ProLogis building south of…
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Senator John Cornyn proposes sunset legislation! Cornyn wonders why no Federal Program ever ends, Reagan did too. So he is trying to introduce sunset legislation, a sort of zero based budgeting to force Congress to examine these programs. OF course he mentions the Texas Sunset law, but gee, has Texas ever eliminated a program? The…
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Have you read Boomsday by Chris Buckley? William Buckley’s son satirizes what is going to happen as the cost of supporting the elderly, regardless of need, rises to the breaking point in Boomsday. As always, Robert Samuelson examines the real cost and willy nilly way Congress has handed out benefits way beyond need here. A…