Showing posts from February, 2013

The Once Invincible

This past Monday, Premier League team Arsenal F.C published its financial statements for the first half of the season, posting a profit of about 17.8 million pounds.
     While profits from this period are just half of those from the previous period, Arsenal fans can rejoice in the fact that the reduced income is due to an increase in player investments. Over the past six months, the team brought on the likes of Lukas Podolski, Santi Cazorla, and Olivier Giroud, and the club also announced extending contracts with the talented Jack Wilshire and Theo Walcott.
   Although the increase in spending is and should be considered a good thing for Arsenal as a football team, major problems still exist. The team has failed to win a trophy for seven years, and sit at fifth place in the current Premier League table, one spot away from Champions League qualification. Should Arsenal fail to qualify for the Champions League, the team would suffer a huge hit to television broadcast revenue and hom…

Italy’s Political Fallout



I received the following email from Dennis Beresford about my previous blog posting.In that earlier essay, I had indicated that I expected my students to study before each class as if a quiz were scheduled even though no quiz was going to be given.I want them to motivate themselves to do the work rather than leaving the motivation up to me as the teacher.It is their education.They should care enough to have the discipline needed to do the work.

I have long argued that students will always do much better in any class if they feel a sense of urgency.The only question is whether that urgency needs to be externally driven or whether the students can be expected to create it for themselves.
As many of you will know, Professor Beresford served as the chairman of FASB (Financial Accounting Standards Board) from 1987 until 1997.Since that time, he has been the Ernst & Young Executive Professor of Accounting in the J. M. Tull School of Accounting at the Terry College of Business at the Unive…

Greenhill -- M&A Negotiation This Upcoming Thursday!



If you have followed my blog postings over the years, you know that I have several obsessions about teaching.
(1) – I believe in having a lot of communications with my students.Whether it is love, marriage, or a college class, things go better with communication.To the teacher, everything makes sense.Too often, to the students, everything is a mystery.I want to cut out as much of that mystery as possible.I think students respond well when they understand what is expected of them.
(2) – I believe in honest and frank communication.College students are adults. I never see any reason to feed them a bunch of nonsense.If you aren’t going to tell them the truth, you would be better off not to have the communication.I think you should stress the good as well as the bad.   No one wants to get praise all the time and no one wants to hear how bad they are all the time.
(3) – I believe a lot in motivation but I think the core of motivation has to come from inside the student.I am not going to go thr…

Resume & Cover Letter Workshop

Come join Finance Society this upcoming Tuesday for a resume and cover letter workshop. Members of our executive board will be teaching you the steps of building the two professional documents. At the end of the workshop you will also have a chance for an one-on-one critique session. Bring a copy of your resume.

Conserving Capital: It All Made Sense Until He Said That EVERYONE Profits

Conserving Capital with Kyle Cameron
It All Made Sense Until He Said That EVERYONE Profits
I have decided to give a central theme to my blog posts for the Finance Society from here on out.This first post will explore the theme chosen, its centrality to finance, and the chat that inspired the idea. Capital conservation has to be the most important topic in finance, and as such deserves a little defining.Finance poses the question: How do I best allocate assets?As a subcategory, capital conservation concerns itself with the logical follow-up: How do I avoid poor allocations of assets?Indeed, capital allocation is what Warren Buffett was referring to in his quote, “The first rule of investing is don't lose money; the second rule is don't forget Rule No. 1”.However, despite the world famous investor’s reference to capital allocation as the first rule, I would argue that most people – financiers, economists, and other businessmen included – believe finance and investing to be the pu…

U.S sues S&P





I began giving teaching presentations about 10-12 years ago.As I have said many times, I enjoyed that experience immensely because it forced me to spend serious time thinking more deeply about my own teaching.I cannot begin to guess the number of times in the last few years that I have asked myself: --What really happened in class today? --Why didn’t this work? --How should I have changed what I did? --What was wrong with that particular question? --Why did the class seem unorganized? --How did I manage to confuse so many students in that discussion?
All those questions eventually led me to begin writing about teaching and now I am up to over 250 pages.And, I am still asking questions and still learning.
One of the very first teaching concepts that I ever developed for myself was “the learning triangle.”I remember standing in front of 100 or so brilliant professors one day a number of years ago in one of my very first presentations trying to explain how the learning triangle could help their …