RANDOM THOUGHTS ON PUTTING MONEY TO WORK

The evidence just continues to pile up on the performance of unmanaged funds with low costs of ownership. Low total cost of ownership means the cost to:

acquire ownership of the investment (i.e. commissions and loads) and to
maintain ownership (i.e. operating expenses and management fees)
“Actively managed” funds (managed by an investment advisor), with […]

Posted in Articles, Mar 2007 | No Comments »

ADVICE TO THE ENTREPENEUR

Much of my experience in business consulting, especially in helping small companies, has been divided between sorting out mistakes already made and disagreements, disputes and despair among business men and women who - taking the advice of people they did not know or who had no clue what they were talking about, or alternatively […]

Posted in Articles, Mar 2007 | No Comments »

LONG TERM HAPPINESS

Humorist, Investor, Writer and all-around Guru Ben Stein cites Warren Buffett — chairman and founder of Berkshire Hathaway, the greatest investor of all time, and the richest man in the nation except maybe for Bill Gates - is that investors “should know their limitations.” Buffet means that investors should know that their chances […]

Posted in Articles, Mar 2007 | No Comments »

INFLATION MUSINGS

I suppose one of the daily, or in this case monthly, pleasures (and there are many) that I enjoy most – in a perverse, sardonic sort of way, is listening to the Nightly Business Report, MSNBC, or NPR and hearing a report about inflation. Doesn’t anyone else wonder about, and get a grin […]

Posted in Articles, Mar 2007 | No Comments »

QUESTIONS IN THE MAILBAG: START-UPS AND ENTREPRENEURSHIP

Dear Mr. Terry,
I am about to close on funding for my start up and an idea struck me. There are statistics that say only 10% of start-ups survive past year one. I believe in my company, but to be honest, I do not feel that on its own it can be in that 10% […]

Posted in Articles, Mar 2007 | No Comments »

THE PROBLEM

Recently, we were engaged in discussions with some senior – but regional – sales and marketing managers of a major medical equipment supplies company. Now, we all know that sales people out in the field, at whatever level, consider themselves “‘stepchildren”:
“They don’t listen to us back at Corporate.
“The folks back in (pick one: […]

Posted in Articles, Mar 2007 | No Comments »