Tuesday June 7, 2016
Professor Elam
Accounting & Investing Info for San Antonio A & M
about
-
Professor Elam
-
Professor Elam
Monday June 6, 2016
I got those low down mind messin' workin' at the car wash blues.
Jim Croce, Composer
Multiple states want to raise the minimum wage to $15.
The linked article reports that car wash owners are considering more and more automation to replace workers.
I heard a presentation a couple of years ago suggesting that a zero interest and highly regulated environment would result in more automation.
Well here we are! Progressives advocating forced wages with no regard to productivity or pricing or higher taxes, always assume behavior will be constant, it will not. Here is the proof. France is slowly sinking under the weight of such rules. In fact such rules will cause the very workers they claim to help to likely lose those jobs.
And robotic car washers don't have health care or take the day off or have children or go on strike.
-
Professor Elam
May 30, 2016
Russell Blake has written some four dozen books the last four years.
In this link he explains his outlining method. As it happens, writing a successful page turner is quite structured, as he explains. Take a look,
this probably works for fiction and non fiction.
Follow that read with Writing a Page Turner.
-
Professor Elam
Weekend May 28, 2016
To me, beautiful music is whatever music makes you glad to be a human being, whether it is "Musetta's Waltz" from "La Boheme" or "Muskrat Ramble" from New Orleans. Much of what passes for music today makes me wish that, if there is such a thing as reincarnation, I can come back as a dolphin.
Read more at http://jewishworldreview.com/cols/sowell050316.php3#T8vHQiDS7sVRX3Rb.99 -
Professor Elam
Friday May 27 2016
Baylor fired Coach Art Briles and moved Presiddeent Ken Starr to Chancellor.
After what happened at Penn State, you would think a major college would have an ethics team from internal audit all over its athletics programs.
But I guess not. This linked article contains comments from across the country on what should happen. Why a coach would not dismiss players involved in
forcing themselves on unwilling females is really beyond me. But no Baylor and Art Briles will pay a heavy penalty.
-
Professor Elam
Friday May 20, 2016
Abraxas announced it would price its new 25 million share offering at $1.
The stock ended trade yesterday at $1.33. Needless to say this announcement took the current shares down to the $1 level, a drop of 23%.
This is known as 'watering the stock.' And I don't mean as in watering livestock. Notice the market capitalization is about $107 million. At a buck a share that means there are about one hundred and seven million shares outstanding, which is to say, way too many. Now at one sixth of the price high two years ago, the company is trying to raise money. This leads to too many shares out. It will be too hard for the company to dramatically improve E/S with this many shares out. Hence the stock is said to be watered as in watered down.
-
Professor Elam
Thursday May 19, 2016
You must know that a young man learns as much in six moths in a counting room as in four years at college (which) only made poor gentlemen and spoiled clever tradesmen.
No stimulus to learning can be half as great as when A boy can figure it out on his slate how many dollars and cents his geography, grammar, spelling, reading and good conduct comes to per annum.
Corsair the Life of J P Morgan
-
Professor Elam
Weekend May 15, 2016
I noticed this limited offering at a stop at Burger King this weekend on the way to Denton, Tx.
Burger King follows Angry Burger with Angriest Burget with angry sauce!
It should be clear by now that anger is more and more the mood of America. Burger King has met the challenge of responding with
its Angriest Burger! The bun includes red peppers resulting in an Angry Red Color.
Here is a great demonstration of social mood affecting even fast food offerings, to understand marketing you need to get
in the mood.
-
Professor Elam
Monday May 2 2016
Stocks rebounded from two days of losses on weak volume.
Energy and iron ore may have done all they can for the time being.
I am leaving for the Warwick Conference on Mood
Wednesday. I will be the first speaker and appear last with the keynote speakers in a panel discussion.
So no updates until I return mid wek May 11-12.
-
Professor Elam
Professor Elam 