Thursday, January 19, 2017
You peer through the windshield as you approach your destination. It's not far now, maybe 1 more block? Now that you're so close, do you take the first parking spot you see, or do you take the chance that maybe there'll be an open one right in front of your favourite restaurant?
Tuesday, January 10, 2017
Picture yourself as the owner of a promising business in early 20th century America. How do you finance your expansion? There are no capital markets you can tap. Your business, like pretty much every business, is too small to develop its own financing capabilities. (The transportation and communication networks we take for granted today didn't exist, making businesses much more local in nature than they are today.) Most of the money available for this sort of thing comes from Europe anyway. Who is your master in such an environment? Your banker!
Monday, January 9, 2017
Glacier Media (GVC) is a Canadian company that appears to be very cheap. Historically, the company delivers free newspapers with ultra local content, relying on local advertisers to generate revenue. As you can imagine, this is a business in serious decline, and so the company has been left for dead by investors.
Labels: Glacier Media