There’s nothing wrong with promoting a loss leader product to get customers in the door. Your grocery store does it all the time. Around July 4th, the store advertises rock-bottom prices for charcoal, hot dogs, buns, and other items for your holiday picnic. They also bundle these products into a nice display area […]
So, we’re in a crazy political period, and it’s hard to know just what is true in a political ad and what isn’t true. In the investment business, however, we have extensive rules on disclosure to investors, and those rules are in place to provide all stakeholders- including investors- enough to information to make informed […]
Author’s Note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle in 2015, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story. My […]