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There’s No Wrinkle in Time for the Time-based CFO

Free Agent CFO

Just Reporting and Then Walking Away – That’s the Real Problem. Instead, they should be saying to quit walking away after the job of reporting financial or non-financial data based on the past. Reporting and walking away–that’s the problem. Bookkeepers report and walk away. And cash flow?

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

Harvard Business

“The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. The most important concepts to grasp are “how to measure profitability, EBITDA, operating income, revenue, and operating expenses,” he says. Related Video. Play with numbers.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. .—while The soaring U.S.

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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

The question stems from lengthy (256 page PDF) from the BIS Annual Report (Bank for International Settlements) that stated among other things " The only source of lasting prosperity is a stronger supply side. Historical evidence shows that this rarely happens following a balance sheet recession.

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BitGold Now Available in US! Why BitGold?

MishTalk

After careful review over the past couple weeks with both James Turk, founder of GoldMoney, and Roy Sebag, the co-founder of BitGold, I am pleased to report the news is 100% positive. GoldMoney will continue to operate in Jersey as a wholly-owned subsidiary of the Toronto parent. So nothing really changes in that regard.

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

MishTalk

Kristi Culpepper, a bond guru, has gone over Chicago''s annual financial report, bond documents, investor presentations, and CAFRs. For example, Culpepper reports Chicago general obligation bond deals have been used by the city as a means to avoid servicing short-term debt. The Corporate Fund is Chicago’s general operating fund.