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25 Responses to “Finance: What Managers Need to Know”
$RIFIN (faz = rifin x3)
The $RIFIN is looking very bullish.. FAZ tracks 3x the $RIFIN intraday.
Long-Term Target is 880 if the russells financials don’t break 800 in march/april 2010..
Watch out Fazzers.. You might want to look at some puts ..
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
I really believe that you are making the complicated business system into a setup that is easy and mainly efficient. I praise your work and really think that you are doing great work.
I’ve seen directors of companies just agree blindly to the numbers, oh they may ask a few questions to seem educated but on the whole the finance team are in charge.
I’ve also seen the finance team massage the numbers to make them fit.
Yes, 13dankster, I AM a genius. You, obviously, are not. Look, if you never went to college and have a low IQ, then I’m sure his book might be helpful to you. For a financial illiterate, he can help you understand cash-flow management. Dr. Seus is very useful for 5 year old children too. Every book has its right audience and its natural target market. For guys like you, maybe his book is actually helpful, but for the rest of us this is really basic stuff.
OK Einstein. Clearly you are a freaking genius. Sorry to ever insinuate that this type of information could be valuable to someone. The fact is that there are thousands of UPPER MANAGEMENT personnel across the world that continue to buy this book and schedule the authors for seminars. Clearly they should be contacting you so they can learn from the greatest gift to finance ever known with your state college bachelors degree.
I’m not a newbie in the business world. Only idiots that don’t understand the basics of cash-flow management, perhaps like you 13Dankster, are newbies. Did YOU even go to university?? How could anybody hold any position in the business world without knowing these simple principles? Sorry pal, but your Community College business diploma doesn’t cut it…
As “Michael Gerber” would say: “Entreprenuers become Business Owners, because they are successful at what they do”… this doesn’t always mean they went to business school first…
My staff and I are reminded daily (as QuickBooks Consultants) of such the truth and many Wise and Successful Entreprenuers, struck out on the own, with courage and bravery – not business education.
You obviously haven’t read the book. If you think every “upper management” person understands finance you are a newbie in the business world. There are dozens of fortune 100 companies that hire Joe to teach their management teams these principles so apparently there is a need for it.
13dankster, everything he talks about are basic principles taught in first-year business school. How can “upper management” not already know all of this??? What type of business are you in where the so-called “upper management” is so uneducated?
I’ve read Joe’s book and it has dramatically helped our business. His seminars are as good as gold for upper management types who are busy but need to understand the basics of finance. Good stuff.
Joe doesn’t mention it, but his “debate” with Kaplan came to fist-a-cuffs. Kaplan went down and curled into the fetal position faster than a 10-key doing sixth-grade math.
Joe came to our company; he showed a gangly bunch of writers and designers how to read a balance sheet. Athenaikos quoting of Heraclitus rings true, Joe held fast to “that which is common to all.” Good stuff. Go Joe.
Instead of instructing our managers in productivity and efficiency improvements, I would rather have them undestand what Heraclitus of Ephesus said almost 2,600 years ago:
The Law of Understanding is common to all. Those who speak with intelligence must hold fast to that which is common to all, even more strongly than a city holds fast to its law. For all human laws are dependent upon one divine Law, for this rules as far as it wills, and suffices for all, and overabounds.
March 22nd, 2010 at 10:47 pm
$RIFIN (faz = rifin x3)
The $RIFIN is looking very bullish.. FAZ tracks 3x the $RIFIN intraday.
Long-Term Target is 880 if the russells financials don’t break 800 in march/april 2010..
Watch out Fazzers.. You might want to look at some puts ..
SEE WEEKLY CHARTS LIKE THIS AT
FAZISLIFE d.o.t blogspot d.o.t com
youtube bans links.. the site is FAZISLIFE
March 22nd, 2010 at 11:10 pm
very basic… but keeping it simple is probably the most important
March 22nd, 2010 at 11:36 pm
thank you this useful information….
March 22nd, 2010 at 11:42 pm
great interview! 5 stars!
March 23rd, 2010 at 12:39 am
@pegobuilders and that kills innovation.
March 23rd, 2010 at 1:24 am
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
March 23rd, 2010 at 2:07 am
I really believe that you are making the complicated business system into a setup that is easy and mainly efficient. I praise your work and really think that you are doing great work.
March 23rd, 2010 at 2:12 am
We place a higher value on not losing money than on gaining it
March 23rd, 2010 at 2:38 am
Thank you for the useful information.
I’ve seen directors of companies just agree blindly to the numbers, oh they may ask a few questions to seem educated but on the whole the finance team are in charge.
I’ve also seen the finance team massage the numbers to make them fit.
March 23rd, 2010 at 3:34 am
excellent work!
March 23rd, 2010 at 3:57 am
Yes, 13dankster, I AM a genius. You, obviously, are not. Look, if you never went to college and have a low IQ, then I’m sure his book might be helpful to you. For a financial illiterate, he can help you understand cash-flow management. Dr. Seus is very useful for 5 year old children too. Every book has its right audience and its natural target market. For guys like you, maybe his book is actually helpful, but for the rest of us this is really basic stuff.
March 23rd, 2010 at 4:10 am
OK Einstein. Clearly you are a freaking genius. Sorry to ever insinuate that this type of information could be valuable to someone. The fact is that there are thousands of UPPER MANAGEMENT personnel across the world that continue to buy this book and schedule the authors for seminars. Clearly they should be contacting you so they can learn from the greatest gift to finance ever known with your state college bachelors degree.
March 23rd, 2010 at 4:44 am
I’m not a newbie in the business world. Only idiots that don’t understand the basics of cash-flow management, perhaps like you 13Dankster, are newbies. Did YOU even go to university?? How could anybody hold any position in the business world without knowing these simple principles? Sorry pal, but your Community College business diploma doesn’t cut it…
March 23rd, 2010 at 5:19 am
As “Michael Gerber” would say: “Entreprenuers become Business Owners, because they are successful at what they do”… this doesn’t always mean they went to business school first…
My staff and I are reminded daily (as QuickBooks Consultants) of such the truth and many Wise and Successful Entreprenuers, struck out on the own, with courage and bravery – not business education.
March 23rd, 2010 at 6:14 am
You obviously haven’t read the book. If you think every “upper management” person understands finance you are a newbie in the business world. There are dozens of fortune 100 companies that hire Joe to teach their management teams these principles so apparently there is a need for it.
March 23rd, 2010 at 7:06 am
13dankster, everything he talks about are basic principles taught in first-year business school. How can “upper management” not already know all of this??? What type of business are you in where the so-called “upper management” is so uneducated?
March 23rd, 2010 at 7:07 am
good vid. insightful.
id bang her, too.
March 23rd, 2010 at 7:38 am
Really helpful tips…. the way he present, even better;-)
March 23rd, 2010 at 8:12 am
ja naja geht auf jedenfall aber GeileZone . com ist die heitige offenbarung für mich
March 23rd, 2010 at 8:36 am
I’ve read Joe’s book and it has dramatically helped our business. His seminars are as good as gold for upper management types who are busy but need to understand the basics of finance. Good stuff.
March 23rd, 2010 at 9:24 am
Right on target. The book is great and I have used where I work. Great interview.
March 23rd, 2010 at 9:59 am
Joe doesn’t mention it, but his “debate” with Kaplan came to fist-a-cuffs. Kaplan went down and curled into the fetal position faster than a 10-key doing sixth-grade math.
Joe came to our company; he showed a gangly bunch of writers and designers how to read a balance sheet. Athenaikos quoting of Heraclitus rings true, Joe held fast to “that which is common to all.” Good stuff. Go Joe.
March 23rd, 2010 at 10:07 am
Instead of instructing our managers in productivity and efficiency improvements, I would rather have them undestand what Heraclitus of Ephesus said almost 2,600 years ago:
The Law of Understanding is common to all. Those who speak with intelligence must hold fast to that which is common to all, even more strongly than a city holds fast to its law. For all human laws are dependent upon one divine Law, for this rules as far as it wills, and suffices for all, and overabounds.
March 23rd, 2010 at 11:00 am
Freshman accounting principles, good stuff.
March 23rd, 2010 at 11:42 am
This is a very basic understanding of finance and I would hope that all high level managers have this understanding.