Touched By The Son
Wednesday, March 15, 2017
Sunday, March 12, 2017
So we know we can't buy shares in a private company, that only limited members can invest.
The company structure, though, is similar
- Chairman of Cargill is Gregory R Page, CEO and President is Dave MacLennan
- Cargill has fifty seven and a half billion dollars in assets
- Market value of Koch Industries places it among the largest family-owned companies in the world
- Albertsons has equity of $12.4 billion
- Dell shareholders voted to turn the company private
- Pricewaterhousecoopers securities
- Deloitte share price
- Mars had revenue in 2014 of $33 billion
- Employee-owned grocery chain Publix Super Markets pays dividends
- A warrant for Bechtel
- C&S Wholesale Grocers derivatives
- Ernst & Young talk debentures, call and put options
- Reyes Holdings has 10,000-25,000 employees
- H.E. Butt Grocery liabilities
- Pilot Flying J bonds
- Enterprise Holdings fund
- Cox Enterprises trust
- Southern Glazer's Wine & Spirits Business Partner eXchange
- Cumberland Gulf Group index
Friday, March 10, 2017
Limited Lie Ability
Thursday, March 02, 2017
Present company excepted
You can grow Brazil nuts, sell bonbons, fix brake pads and not qualify as a company or feature on an index. The world of small business does deal with promissory notes but they are the ones taking the risk by declaring that they will pay back the loan within a certain time. Nothing to trouble the markets.
Just as there are private companies whose progress isn't tracked so there is a world of folk warily wandering into degrees of commerce, often without a degree in commerce. They have stalls at the market or share some space or they work in their garage.
For all these folks, as well as the PAYE workers, there is not the capacity or the infrastructure to form a company and float it. This doesn't stop them trading. Nor does it make it of much interest to them whether a company has a president or not.
How many sole traders are there? Who are the most successful owner-operators? Perhaps this is an area of curiosity since it does help keep a competitive edge, emulating others.
Sunday, February 26, 2017
Investor invested, Consumer consumed
In the interests of balance and completion, it does to go high and low, good and bad. While you are unlikely to become either an usher or a neurologist for the money, it is useful to know the value society places on different occupations: a pharmacy assistant and a veterinary nurse are working in the broader healthcare field that profits pathologists and pharmaceutical giants like McKesson.
In the same spirit I began to wonder how companies figured in the absence of those features like stocks and bonds and inventory capital. Sure, you have bankruptcies and failed ventures but - just as the "commodities" links on those super companies don't always indicate that the they deal in commodities - a scan over absence may reveal
For instance, ASIC warns you of the unlicensed companies you shouldn't deal with.
Both Fortune and Investopedia advise us that it is better to separate the roles of Chairman and CEO though blue chips persist in combining them
The Finance Base list the advantages and disadvantages of issuing bonds to raise capital.
Capshare blog on why private companies don't need to issue stock certificates.
Investor.gov from the US giving a detailed rundown on the issuing of stocks; why companies offer them and why we invest.
Yahoo on the same search reminding us there are some very large companies that don't pay dividends
Lectlaw cautions that debentures carry risk
See what Demonocracy.info thinks of derivatives
A word on warrants straight from Stock Warrants HQ
If you ever got serious about investing - I could be talking to myself here - you'd be forever taking notes
There's the grind of trading in futures
What were we saying about commodities?
What options are there?
An overview of trusts in Australia
All aboard for fund time
Cuffelinks asks us not to judge all small companies by their poor index returns
Australian health food companies doing well on the stock exchange
Companies with no revenue still valued highly! A holding company with no operating income
Re-bursting the dot com bubble to illustrate companies with no profit, no equity or no assets (but presumably, for a time, still had reasonable brand value to attract the unwise investments)
Wednesday, February 22, 2017
How low can you go
This is from the Daily Telegraph and from four years ago so doubly unreliable but I'm going to hazard a guess that the order of lowly remunerated positions in Australia hasn't changed overly much.
By this I mean occupation, not loafers on a payout (ahem) or pensioners
- Fast food cooks
- 'Other' hospitality workers
- Outdoor adventure guides
- Sewing machinists
- Pharmacy sales assistants
- Beauty therapists
- Cafe workers
- Veterinary nurses
Forty one thousand nine hundred and nine dollars doesn't sound like making too much of a fuss about being misleading; hardly worth the wait. The Tele has the jobs in descending order culminating with the McDonald's et al kids getting screwed over the most - or having the most basic job, whichever way you want to look at it. $37,705 is four thousand two hundred dollars less at the end of the day, or year rather.
But we didn't count the difference in the richly rewarded, why the poverty stricken? Well, because every dollar counts when you're impoverished.
Remember though that these are jobs just out of school for the most part. At least the lowest two on the list are and there are waiters who double as students on overseas jaunts. Meanwhile migrant workers (wo)man the sewing machines.
Maybe adventure guides are thrill seekers who have found a way to monetise their pursuit and so aren't in it for the money.
As the paper points out, these are careers that do require certificates from TAFE or private providers so you're effectively training to be in a menial job.
Wednesday, February 15, 2017
- Cooks, Fast Food
- Combined Food Preparation and Serving Workers, Including Fast Food
- Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop
- Counter Attendants, Cafeteria, Food Concession, and Coffee Shop
- Ushers, Lobby Attendants, and Ticket Takers
- Amusement and Recreation Attendants