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Tax Non Reform
Share Tax Non Reform Massive tax cuts are being suggested, and are being justified by saying they will spur economic growth. In my opinion, nothing that is presently being suggested...
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The Qualities of a Champion
Share The Qualities of a Champion Tonight Venus Williams will compete in the Semi-Finals of the U.S. Open. We wish her well. She reached the finals in the Australian Open...
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Analyzing a Financial Statement
Share Analyzing a Financial Statement Every publicly traded company annually issues Form 10-K which contains their financial statement and considerable analytical data. 10-Ks are usually well written, clear, logical and...
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Berkshire Hathaway’s Deferred Taxes
Share Berkshire Hathaway’s Deferred Taxes Whatever tax bill is enacted, it appears that there will be some reduction in the top corporate tax rate. I would like to explain the...
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Chief Value Officer
Share Chief Value Officer This book review appeared in the August 2017 issue of The CPA Journal (www.cpajournal.com). It is reprinted with permission and is subject to their copyright. I...
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Stupid Execution Actions
Share Stupid Execution Actions Some companies spend profusely to get customers and then blow it with inadequate or stupid execution. Here are some illustrations I have been subjected to: A...
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Supercalifragilisticexpialidocious
Share Supercalifragilisticexpialidocious The movie and musical show Mary Poppins has two interesting investment issues I would like to give my take on. Compounding and investment quality. There is a song...
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2017 Year End Financial Benchmark Charts and Graphs
Share 2017 Year End Financial Benchmark Charts and Graphs These charts continue an annual tradition I started ages ago to use when I do financial planning with clients. The charts...
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Managerial accounting
Share Managerial accounting Tonight I start teaching a managerial accounting MBA course at Fairleigh Dickinson University. [You can call me Professor Mendlowitz]. My opening remarks will be to distinguish managerial...
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Stupid gotcha managers
Share Stupid gotcha managers Yesterday I ran into a friend who told me that she left her job of 12 years and joined a new firm. Her reason was that...