Monthly Archives: July 2010

What are Bad Profits?

Yesterday, I had a lengthy conversation with the Vice President of Finance of a major company. He was immersed in the capital budgeting process, and wanted to discuss ways to evaluate investment proposals. Our conversation started with a discussion of … read on

Posted in Thinking for Profit Tagged , , ,

Sustainable Profitability

In yesterday’s commentary, I talked about our economic dilemma, summed up in this quote from Sunday’s NYT: “This seeming contradiction – falling sales and rising profits – is one reason the mood on Wall Street is so much more buoyant … read on

Posted in Thinking for Profit Tagged , , ,

Who Needs Customers?

The July 25 NYT ran an article, “Industries Find Surging Profits in Deeper Cuts.” The essence was that our economy is in a unique situation: profits are soaring – not because sales are rising, but because costs have been cut … read on

Posted in Thinking for Profit Tagged , , ,

The Early Days of Facebook

This morning, I noticed that the Harvard Crimson website featured a link to the original February 9, 2004 Crimson story reporting the creation of what is now Facebook. Note the quaint headline, “Hundreds Register for New Facebook Website“. Remember, this … read on

Posted in Thinking for Profit Tagged , , , , ,