Archive for June, 2011

Are you thinking of starting a business? Or, do you have a small business? Now the big question; Is your “business” for profit or a hobby? Now, don’t get riled up. I’m not trying to insult you. I’m not talking about what the business does but how you approach the business. Yes, we all want [...]

I was treated to a special day this week when HP invited me to bring a customer to see the future products and road map for the next twelve months. They insisted I sign a non-disclosure agreement, so I cannot elaborate on the content of the day here. What I did observe was the amount [...]

I really wanted to make you lighten-up and smile this week-end.  I’m going to do it without too many words and just two pictures.

The AICPA PractitionersTECH conference theme this year was all about cowboys and cowgirls.  The invitation-only PCPS reception on Tuesday night was the best ever.  PCPS providing the costumes sure helped – cowboy [...]

I am sure that I will write more on this topic, should I live so long.  My contentions are:

Securitization does not create liquidity, it only redirects it.
The Fed does not create liquidity, it only redirects it.
The Treasury does not create liquidity, it only redirects it.

When I wrote this, one reader asked me to expand [...]

I was sitting on a panel with some great technology innovators hosted by Agilysys at a recent conference. The recurring issue of testing came up–it’s regular topic at these shows. The need to get even better performance from the infrastructure to support high frequency trading has lead to some great innovations. The question remains, how [...]

In a CPA firm and in life, attitude can make all the difference.  Sometimes the ONLY thing you can control is your attitude.

Watch this classic Zig Ziglar talk about how “Attitude Makes All The Difference.”  It is a must if you have any whiners inside your firm.  After you view this entertaining video, perhaps you [...]

Before I start this evening, I want to offer corrections to my last piece on REITs.  Sorry, data glitch, and the results are a little different but the conclusions are unchanged.

Here is the correct regression for Mortgage REITs:

And the the correct regression for equity REITs:

Why the change?  The main difficulty was that [...]

Hats off to the entrepreneurs of the world. Starting a business is just flat-out hard work, full of adversity, anxiety, ego, regulation, and so much more.

To do a start-up right, it is hard. There is no easy way, shortcut, [...]