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Overcoming Data Collection Challenges in Consulting

Tom Spencer

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.

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M&A deals – benefits and drawbacks

Tom Spencer

Many consulting, corporate strategy, and corporate development roles require the interviewee to go through an M&A case study. Such transactions typically happen between two businesses that are about the same size and which recognize advantages the other offers in terms of increasing sales, efficiencies, and capabilities.

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ECB Waters Down 2014 Stress Tests Second Time; Yet Another Sham Stress Test

MishTalk

However, we will penalize banking exposure to bonds contained in the trading book, i.e., those that are available for immediate sale." The ECB will not force European banks to adjust to market value of sovereign debt portfolios that are classified as held to maturity.

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

Harvard Business

See More Videos > See More Videos > Tackle the balance sheet. “Take an interest in the balance sheet and then do the due diligence to understand it,” he says. Experiment with the numbers on your organization’s balance sheet by going through a series of “what if?”

Finance 28
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Research Shows That Smaller M&A Deals Work Out Better

Harvard Business

This is one of the findings from a recently completed study based on publicly available information on the world’s 2,393 largest corporations for the time period 2010–2014. Several companies we studied show the value of programmatic M&A strategies. Insight Center. Competing in the Future. Take marketing giant WPP.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Sales of Class 8 heavy trucks are on pace for one of the best years in history - around 260,000 units in North America. I was just looking at a San Francisco Fed study on Persistent Overoptimism about Economic Growth. A study by Alessi, et al. The SEP growth forecasts fit the pattern of these various studies.

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Descent of the Global Monetary System

Tom Spencer

When I studied economics at Sydney University in the early 2000s and financial economics at Oxford in the early 2010s, I learned pretty much the same thing about money; very little. This is a problem to the extent that they have large fixed costs like rent or interest payments.

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