GM and Ford selling off assets to raise cash. Good cash to throw after a bad core business.

http://edition.cnn.com/2008/BUSINESS/11/18/mazda.ford.sale/index.html?eref=edition_business
So Ford has sold off its ownership of Jaguar earlier this year, after owning it since 1987.  What a money pit–think of all the tens of Billions of dollars lost on that venture, the past two decades.  Ford’s investments in Mazda and Volvo have been more successful, but with its cash reserves quickly dwindling, Ford […]

Remember the good-old days when you paid for E-mail?

Prior to the arrival of open-source Linux, except for some inferior freeware products, you always paid for your software.  Prior to the arrival of Gmail from Google, all the free on-line emails gave you a paltry 10-50MB of space for your email files.  Prior to yahoo and hotmail and other free emails…we paid for our […]

Size vs. Profitability

The size of a company, as measured by its gross sales, gives it breathing room, for cash flow, cap-ex (capital expenditures),  marketing, bonuses, and profits.  Profits must arise from the sales of product and the revenue it generates.  Profits, can’t be greater than one’s revenues, obviously. 
 Amway, being a $7B company (gross sales).  Doling out approx. […]

Inflation. Is it here? Is it coming back?

the choice of this blog’s title comes from our forecast that the next inflationary bust-up and bust-down will be in approx. the year 2035.  Now, only the brave, and/or foolish will go on record here in 2008 (and when this blog was started in 2007) with a title like this.  I believe that there are […]