“In preparing for battle I have always found that plans are useless, but planning is indispensable.” We use this phrase a lot in two contexts: first, we freely admit, and accept, that our plans may not work out as expected, which is a risk. We then discuss how we manage that risk by a thorough…
Read MoreA recent Fortune article by Geoffrey Colvin discusses the relatively low percentage of debt in the capital structure of a large percentage of US public companies (he cites that “25% of the Russell 3000 have no debt or negative debt”). His primary point is that by not having “enough” debt, companies are suffering from a…
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