Comments on: Old Economy >>> New Economy Transformation — Underwriting the numbers https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/?utm_source=rss&utm_medium=rss&utm_campaign=old-economy-new-economy-transformation-underwriting-the-numbers 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Thu, 28 Feb 2013 04:18:00 +0000 hourly 1 https://wordpress.org/?v=5.9.11 By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-442 Thu, 28 Feb 2013 04:18:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-442 In reply to John Revay.

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Alas, John, there are those who will attempt to evade their “fair share”.

I find The Boss leaning in that direction more and more given the current situation.

He will however never pay for someone else’s shortcomings.

BRC
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]]> By: John Revay https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-437 Tue, 26 Feb 2013 01:57:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-437 Music under the table….

I hear it called a lot of things…that is a new one for me.

Nicely done

]]> By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-436 Mon, 25 Feb 2013 16:16:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-436 In reply to Philip Sugar.

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Thanks, Phil. Anybody who can provide investment advice to the Mob has to be pretty damn good.

Hope you are well and the sun is shining on you.

BRC
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]]> By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-435 Mon, 25 Feb 2013 16:14:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-435 In reply to Tom Labus.

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Tom, we are full grown guys. Our ideas may wrestle but we are never disagreeable.

I respect and appreciate your opinion and ideas. I have learned much from you and I appreciate it.

When ideas wrestle, better and stronger ideas emerge.

BRC (JLM)
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]]> By: Philip Sugar https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-434 Mon, 25 Feb 2013 15:42:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-434 This whole series reminds me so much of a business professor I had, too bad he passed away, you could be twins: http://articles.philly.com/2010-10-02/news/24999596_1_businesses-wharton-school-global-warming

]]> By: Tom Labus https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-433 Mon, 25 Feb 2013 15:02:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-433 Congrats Jeff on your blog. It looks great. I’ll b back to read later today.

We haven’t had a good argument in awhile. Although they’re always better with drinks.

]]> By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-431 Mon, 25 Feb 2013 05:08:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-431 In reply to Parkite.

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One of my favorite things to do. Paywindow!

Cheers

BRC
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]]> By: Parkite https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-430 Mon, 25 Feb 2013 04:04:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-430 In reply to JLM.

One of my favorite sayings. There is money to be made in creating order from chaos.

]]> By: JLM https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-429 Mon, 25 Feb 2013 02:15:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-429 In reply to Parkite.

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Order to chaos requires chaos. Do not fear chaos, worship it.

Anyone can do this, that is the beauty.

You may not be able to drive a golf ball like Tiger Woods but you damn sure can think through and putt like him.

In this approach — Old Economy company to New Economy company — you are starting on the putting green.

BRC
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]]> By: Parkite https://themusingsofthebigredcar.com/old-economy-new-economy-transformation-underwriting-the-numbers/#comment-427 Sun, 24 Feb 2013 23:20:00 +0000 http://themusingsofthebigredcar.com/?p=1270#comment-427 Great series. The financial due diligence you describe is critical. Many will not have the skills to complete this, but it is imperative to minimizing unpleasant surprises. Frankly, there is much risk in buying old economy companies due to poor record keeping. Of course, there is opportunity here too.

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