All the king’s horses and all the king’s men couldn’t put Humpty together again. I’ve been thinking about that nursery rhyme these days as the federal government throws Trillions of dollars at this deepening economic crisis, even as Bain’s big thinkers are projecting that in just two months of COVID-19 mitigation efforts, we will likely…
Ray Dalio, who runs one of the world’s largest hedge funds, is also one of the smartest people in the room when it comes to economic thought rooted in learnings from history. If you have a few minutes, I’d highly encourage you to watch the Bridgewater founder’s recent TED presentation, where he makes a compelling…
Seemingly, every hour brings more news of death, pain, anxiety and fear as the world navigates a global pandemic. Like you, we have been closely following the news about federal and state relief efforts for our severely battered small businesses, including new low-interest loans offered through the U.S. Small Business Administration and the U.S. Treasury.…
This article was originally posted on South Florida Business Journal. If you’ve ever spoken with an investment banker or broker about selling or raising capital for your business, you’ve undoubtedly heard about EBITDA. EBITDA — or earnings before interest, taxes, depreciation and amortization — is a widely used earnings metric, particularly when quoting valuation “multiples”…
COVID-19: We are in uncharted waters, facing unprecedented challenges, with little certainty regarding the length and severity of disruptions. You can pick your own clichés, but the message to CEOs is clear: This is your moment to lead your company through the immediate crisis and the likely subsequent recession. One thing is for sure,…
