Tom Spencer

JULY 7, 2023

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our hypothesis was that increased sales volume would be associated with increased profitability due to economies of scale. We repeated our request a week later, but they only provided a balance sheet from the previous year.

Data 78

Data Consulting Balance Sheet Analysis 78

Harvard Business

MARCH 31, 2017

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 28

Finance Balance Sheet How To Metrics 28

Harvard Business

OCTOBER 31, 2017

That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. As a result, their balance sheets are half as large on a risk-adjusted basis, and the capital they hold against trading positions has doubled over the past decade, our research shows.

Banking 28

Banking Balance Sheet Financial Finance 28

Tom Spencer

MAY 9, 2020

The smaller the group of people, the easier it is to reach agreement on what to use as money. For example, if the US government spends more than it collects in taxes, it can finance the budget deficit by selling bonds. I now know that money is simply any asset that is generally accepted as a means of payment to settle debts.

System 88

System Banking Government Insurance 88

MishTalk

SEPTEMBER 26, 2013

A series of land sales have set record prices since August, with real estate developers ramping up their competition for the best plots in the biggest cities. We are often told that a fall in housing prices won’t affect the real economy in China much because, unlike in the US, the amount of real estate financed by mortgages is quite low.

Real Estate 64

Real Estate Banking Government Balance Sheet 64

MishTalk

JANUARY 3, 2014

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent.

Conference 74

Conference Banking Government Balance Sheet 74