Description: One of the toughest lessons I’ve learned in life either as a parent, entrepreneur or portfolio manager is when to act and when not to act. I’ve come to the realization, quite often the hard way, that there are times when we do not have real control over certain events and/or circumstances and that… Read more »
Posts Categorized: Management Issues
Apple nabs obscene share of smartphone profit thanks to Samsung’s Note 7 debacle
Description: Apple Inc. took a record majority of world-wide smartphone profit share in the third quarter as Samsung Electronics Co. Ltd. plunged in the wake of the disastrous Note 7 recall. Source: MarketWatch.com Date: Nov 25, 2016 Link: https://www.marketwatch.com/story/apple-nabs-obscene-share-of-smartphone-profit-thanks-to-samsungs-note-7-debacle-2016-11-25 Questions for discussion: What are the financial consequences of Samsung’s problems this year? Do you think… Read more »
Wells Fargo Asks Court to Force Customers to Arbitration in Fake Accounts Cases
Description: Wells Fargo has asked a Federal District Court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. Source: NYTimes.com Date: Nov 24, 2016 Link: https://www.nytimes.com/2016/11/24/business/wells-fargo-asks-court-to-force-customers-to-arbitration-in-fake-accounts-cases.html?ref=business&_r=0 Questions for Discussions: What are the managerial and… Read more »
Former exec arrests keep Valeant from ‘riding into the sunset’ on Philidor controversy
Description: Valeant Pharmaceuticals International Inc. continues to be haunted by its ties to the Philidor speciality pharmacy as former executives from both companies face charges in a multimillion-dollar kickback scheme. Source: FinancialPost.com Date: Nov 17, 2016 Link: https://business.financialpost.com/investing/market-moves/former-valeant-executive-and-former-philidor-ceo-charged-with-fraud-in-pharmacy-probe Questions for discussion: What is the legal case against the firm based on? What are the financial… Read more »
The Money Management Gospel of Yale’s Endowment Guru
Description: As he has done for decades, once a week David F. Swensen convenes his staff — including his cadre of apprentices — for a morning-long meeting among the Gothic revival flourishes and crenelations of the Yale University campus to debate investment ideas. Source: NYTimes.com Date: Nov 05, 2016 Link: https://www.nytimes.com/2016/11/06/business/the-money-management-gospel-of-yales-endowment-guru.html?ref=business Questions for discussion: What… Read more »
Steven Cohen’s Long Fall From Grace
Description: And his long climb back to Wall Street Source: Fortune.com – video report Date: Oct 20, 2016 Link: https://for.tn/2etMX5o Questions for Discussions: Who is Steven Cohen? Do you think he will be able to attract outside investment dollars? What does the report have to say about financial regulatory controls?
Analyst Dick Bove: Tim Sloan isn’t ‘the right guy’ to lead Wells Fargo
Description: Tim Sloan is the wrong man to fix the broken corporate culture at Wells Fargo, according to banking analyst Dick Bove. Source: CNBC.com – video report Date: Oct 14, 2016 Link: https://www.cnbc.com/2016/10/14/analyst-dick-bove-tim-sloan-is-not-the-right-guy-to-lead-wells-fargo.html Questions for discussion: Why has Dick Sloan called for a different CEO of the bank? Do you think the culture at the… Read more »
The U.K.’s Biggest Craft Beer Brewery is Coming to the U.S.
Description: And you can own a piece of it Source: Fortune.com – video report Date: Oct 07, 2016 Link: https://for.tn/2dXIBot Questions for Discussions: What do you think of the idea of selling shares to finance this business? What benefits accrue to the company, investors, and to the customers?
Congress Hammers Wells Fargo CEO
Description: Representatives did not go easy on John Stumpf Source: Fortune.com – video report Date: Sep 29, 2016 Link: https://for.tn/2cORHEX Questions for discussion: Summarize the accusations leveled at John Stumpf. Do you believe he bares the legal and financial responsibility for the actions of the bank’s employees? How should government regulators deal with him and… Read more »
Qatar is losing billions on Deutsche Bank
Description: Investors are hurting from Deutsche Bank’s share price collapse, none more so than Qatar. Source: CNNMoney.com – video report Date: Sep 30, 2016 Link: https://money.cnn.com/2016/09/30/investing/deutsche-bank-qatar-share-collapse/index.html Questions for Discussions: What is the problem at Deutsche Bank and the reasons given in this report? Why is this a problem for Qatar? What should the players involved… Read more »
Fundamentals of Corporate Finance
