Blog
Articles and insights on finance, business, governance and value creation.
Direction Precedes Speed
Why did humanity discover the compass centuries before the clock? Because knowing the direction was more important than knowing the time.There is no value in kn...
Value Precedes Activity
The most dangerous and worst CEO... is the one who succeeds in achieving goals that shouldn't have been goals in the first place.A company may celebrate rising...
The Biggest Waste in Many Companies... Is Not the Waste of Money
Everyone worries about wasting time, money, and assets, but there is a form of waste that escapes the attention of many boards—one that may well be the most cos...
How Does a True CFO Think?
A true Chief Financial Officer does not ask "how much do we own?", but rather "how far can we go with what we own?". Nor do they measure success by profits alon...
The Mindset That Built the Wealth... Is Not Necessarily the One That Preserves It
The most dangerous phase in the life of a family business is not when it begins, but when it succeeds. The problem is not born from failure, but from success, w...
Real Investors Don't Buy Assets
Investing is not the art of buying assets, but the art of buying the future through the right asset. I do not know any investor who became wealthy simply becaus...
Why Might a Financial Advisor Reject an Investment That Generates a 30% Return?
Suppose you were offered an opportunity promising a 30% return. You might agree immediately. A financial advisor, however, does not look at the percentage first...
All Indicators Succeeded... Yet the Goal for Which They Were Set Failed
Management may achieve all performance indicators, and everyone receives their bonuses, while the company’s value to shareholders erodes. The problem is not wea...
When the Board of Directors Becomes Symbolic... Scandal Is Only a Matter of Time
What follows is not a comparison between two opinions, but between two completely different mindsets:A mindset that views the Board of Directors as a symbolic b...
No One Applauds Small Efforts... Keep Going Anyway
Keep Going AnywayTo a message you thought was lost,To a job application that received no response,To a project you started and assumed had failed,To someone you...
If You Wanted to Steal a Company... Where Would You Start?
The question may sound shocking, but anyone who has worked in internal audit or fraud investigation knows that a fraudster does not start with the most complex...
When a Company Incurs Losses... Does the Board of Directors Deserve Remuneration?
Whenever a company announces losses, the same question arises: How can the board be rewarded while the company is losing money? The truth is, the right question...