Archive
Getting your foot in the door at a consulting job is often the hardest part... Back in the early 1990s, I was working as a CPA in Chicago and angling for a move into management consulting. Accounting is about recording what has happened... and consulting is about helping firms plan for what to do in […]
- INFY
Now that the dust is beginning to settle from 2020, airlines are measuring the damage from the coronavirus pandemic... The recovery for airline companies has been uneven. Back in April, during the depths of the lockdown orders, air travel was down by more than 94% from its pre-pandemic levels. By the end of 2020, it […]
- LUV
Last month, the World Economic Forum ('WEF') held its first-ever online conference... The group's annual meeting in Davos, Switzerland, is typically a big gathering of business leaders, economists, and political figures from across the globe. At this year's virtual event, interviews from two executives from big financial-services firms – Barclays (BCS) CEO James Staley and […]
- BCS
- BYD
- JPM
In order to thrive, the clothing industry needs constant innovation... And Spain-based Industria de Diseño Textil (ITX.MC) – better known as Inditex – has disrupted the industry over the past 20 years in a drastic way. Inditex brought fast fashion to the masses. This in turn disrupted the long cycles of design and delivery in […]
- GPS
- HNNMY
- ITX.MC
U.S. Treasurys serve as an indicator of investor sentiment for the future... Investing in the U.S. is effectively riskless, so Treasury yields are viewed as a representation of the "risk-free rate." As this rate rises and falls, it can give investors a view of several important things... Rates rising signal that investors are worried about […]
I hope grades aren't your main focus when hiring people... When I was entering public accounting in the early 1990s, most of the "Big Eight" accounting firms had minimum grade level requirements for new applicants. I remember Coopers & Lybrand specifically excluding any applicant with a grade point average ("GPA") of less than 3.85 out […]
- RHI
The rise of everyday, 'retail' investors has changed the face of trading... With widespread access to the Internet, more folks than ever can access investment research and stock ideas. As we said last Thursday, massively popular apps like Robinhood have forced other brokerages to offer commission-free trading in order to compete. However, it wasn't just […]
- CNS
- GME
Amid the tragic consequences of the coronavirus pandemic, it's easy to forget the pressure on sports... Back in October, we talked about how the industry is suffering from the delayed return to normalcy both in the U.S. and across the globe. That means limits or outright bans of fans in stadiums have continued into 2021. […]
- CPG.L
The coronavirus pandemic has caused a big shift in where we choose to live... Since the crisis began, folks have been moving out of urban areas and into the suburbs – looking for more space due to increased time at home. Their lives are changing... and a new home with new surroundings means new spending […]
- KAR
Joel's note: The Altimetry offices are closed on Monday for Presidents' Day, so look for the next Altimetry Daily Authority on Tuesday, February 16. Also, for those who celebrate, we wish you a happy Lunar New Year today! It can be hard to avoid mania in the investing world... In the growth stage of a […]
- BLK
- GME