article thumbnail

Leading Management Principles of the World’s Top Shipbuilders

Epicflow

To prevent a crisis, HHI rationalized their management by disposing of non-core assets (like stocks and real estate), reducing costs, and ending extra working hours to reach a new level of financial stability. These steps have been essential to strengthening the company’s financial foundation and building up resilience.

article thumbnail

Coronavirus & Consulting Offers

Tom Spencer

During the dotcom bubble, the financial crisis, and the real estate bubble, what did consulting firms do? If the firms don’t have a strong balance sheet, if they foresee a potential cash flow problem, or if they have clients in particularly hard hit industries, I’d be concerned. Three prior downturns, what can we learn?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?

MishTalk

You can’t predict how the bursting of a Chinese real estate bubble plays out because it plays out in very small steps,” said Joel H. Rothstein, a partner in the Beijing office of the Paul Hastings law firm who specializes in Asian real estate. Here we are again, in another slowdown.

article thumbnail

Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

These securities, which were backed by real-estate mortgages, were sold to investors as a safe investment. In 1988, he purchased a large stake in the company, seeing its strong brand, steady cash flow, and long-term growth potential. However, many of the mortgages had been issued to people who could not afford them.

Ethics 78
article thumbnail

Financial Shenanigans Versus Incompetence

Martinka Consulting

Sometimes it’s because they’d sooner “play” with their product than worry about the numbers and often it’s because they’re doing so well it becomes “management by checkbook,” as in, there’s plenty of money so who cares about cash flow, metrics, etc.

article thumbnail

Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Patrick Housing Crash News Top Housing and Commercial Real Estate News. Bay Area Real Estate Trends. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. GoldMoney: The Best Way to Buy Gold & Silver. Minyanville Business and Market News.

article thumbnail

AAA – Not to the Rescue

Martinka Consulting

When it comes time to sell however, they want to demonstrate that the business has more cash flow than the tax returns (and financial statements) show. Some of these adjustments are easily justifiable, such as adjusting the owner’s salary to market rate or if the seller owns the real estate and pays more than market rent.