The Correct Way To Lay People Off
Business protocol isn’t something we come out of the womb with. How could it be? University studies are a very brief period of time and focus more on how to think than what to think. It is not much of…
Characteristics of The Best Managers
The problem of managing well is multifaceted. In contrast to many key topics of discussion on this website which attack conventional thinking, the study of managerial excellence is a field that continues to provide a lot of value. Perhaps one…
How To Be A Great Investor
So you have a grand vision for becoming the next great investor like Carl Icahn, Steve Schwarzman, Bill Ackman, or Warren Buffett? Many of the public articles on this topic are cursory and aimed at driving clicks with no real…
Why EBITDA is a Flawed Measure of Earnings
EBIDTA is a flawed measure of earnings that is commonly mistakenly but commonly used as a proxy for the earnings of a business. Interest, debt, taxes, and amortization are real costs to a business and generally reflect real charges against…