March 2022

Frank Boland
March 11, 2022

In the last century, one could walk into a building and see plant and equipment. That’s not possible in today’s knowledge/service-based economy. Assets are “soft,” even invisible. The result is that we are forced to trust the validity of published numbers. However, given the deceptions that occurred with Enron and WorldCom, we know it is risky...

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As I grow older, I pay less attention to what men say. I just watch what they do.

– Andrew Carnegie