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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

Similarly, considering greater accruals (which represent the difference between reported income and operating cash flows) to measure short-term orientation has its difficulties. It assumes that a smaller proportion of cash flows in earnings indicates a myopic firm. Corporate culture. Compensation structure.

Metrics 29
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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

John Hussman had a thought-provoking article this week on the The Minsky Bubble. So refraining from any forecast of what will happen in the near term, it’s sufficient to observe that the economic data is not nearly as strong as widely perceived, and the impact of QE on stock prices does nothing to improve the underlying cash flows.

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The Comprehensive Business Case for Sustainability

Harvard Business

Hoping to alleviate their concerns, this article also provides concrete examples of how sustainability benefits the bottom line. Companies that invest in sustainability initiatives tend to create sought-after culture and engagement due to company strategy focusing more on purpose and providing value to society.

Study 28
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My Struggles with Suicide

CaseInterview.com

I started this article two years ago, but candidly, I was too scared to finish and publish it until now. In the video accompanying this article, I talk with Kim McKewon about my struggles with suicidal thoughts. My strongest and earliest memory of depression and suicidal thoughts occurred in the two years leading up to 2008.

Cash Flow 128
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Every Fast-Growing Company Has to Combat Overload

Harvard Business

You and your founding team used to feel like members of the same small tribe; now you’re working with unfamiliar layers of staff hired from companies whose culture is not like yours. In 2000, with more than $100 million in negative cash flow, the company agreed to be acquired by Star Cruises, a leading cruise operator in Asia.

Company 31