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The Meineke Syndrome?

I can’t say I’ve heard that phrase before … but it refers to the Meineke ads that shouted: “I’m not going to pay a lot for this muffler!” The NY Times article, however, is the latest … and includes some recent market research … confirming what all of us know … that value and innovation…

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We Will Never Forget

Today is a special day devoted to the memory of our fallen heroes who have made the ultimate sacrifice for their country. No matter your political or personal proclivities, the willingness of young men and women to put themselves in harm’s way to defend our nation is an unquestioned personal commitment of the highest order….

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The need for independent directors

As you know, I have long advocated the value of independent directors in the middle market. They bring perspective and diversity to family businesses in particular, and more subtly, help keep the conversation focused on business issues rather than emotional ones. The SEC is now proposing for comment, landmark changes that will allow small groups…

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Seriously? Taxing a round of golf?

The New York Times had some fun with Gov. Schwarzenegger’s idea … I missed it the first time around … to put a $10 tax on a round of golf. It got quashed, thankfully, but I like some of Bill Pennington’s ideas about how to make this really work A mulligan? That will be $1….

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Trump on Valuation? Really?

For you valuation junkies out there, it’s kind of a hoot to hear The Donald talk about how he values companies and his interest in them in an interview with the Wall St. Journal. My favorite is his “mental projections”, his own legerdemain for how he takes into account various flows of cash and ownership…

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Too much stress? Time for a break?

I am not sure exactly how it works, but this is amazingly accurate. Read the full description before looking at the picture. The picture below has 2 identical dolphins in it. It was used in a case study on stress levels at St. Mary’s Hospital. Look at both dolphins jumping out of the water. The…

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