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Greece Will Default in May Without Another Bailout or Change in Terms

MishTalk

Cash flow analysis shows Greece is in serious trouble again in spite of having a current account surplus. Greece Bailout Cash Flow Even this game is in trouble now as Greek Cash Flow Charts show. The total payments due in 2014 are €31.6bn. I use the words "will default" imprecisely. It didn’t.

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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. “The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

Finance 28
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Imagination Sets In

MishTalk

Annual Update Between the end of 2007 and end of 2014, pension plan assets rose from $3.29 S&P 500 2007-12-31 to 2014-12-31 In the same timeframe, the S&P 500 rose from 1489.36 Imagination I have a musical tribute to imagination in regards to pension finances, especially imagination in Illinois. trillion to $3.71

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3 Things Driving Entrepreneurial Growth in Africa

Harvard Business

In 2014 we described what Western investors want from African entrepreneurs. Firms are realizing what microfinance has known for a while: Local self-policing groups, or village headmen who police honor codes, can hedge cash flows in far-flung places. A realistic approach to making money might strike some as humdrum.

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The Case for Stock Buybacks

Harvard Business

” And in 2014, HBR published a lengthy feature critical of the practice. A comprehensive survey of financial executives concluded that “repurchases are made out of the residual cash flow after investment spending.” Fewer companies would go public, instead financing themselves by taking on more debt.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

Among the firms we identified as focused on the long term, average revenue and earnings growth were 47% and 36% higher, respectively, by 2014, and market capitalization grew faster as well. Our belief is that the earnings of long-term companies will rely less on accounting decisions and more on underlying cash flow than other companies.