’60 Minutes’ viewers were treated to a behind the curtian view of how one of America’s most employee focused companies backs up all the “great place to work” talk. Leading by example to close the gender pay gap Unequal pay between men and women is a persistent problem in the United States. Salesforce, a tech … Continue reading
Latest Entries
Market Crash Watch – Commercial Real Estate Implosion Puts Downward Pressure on Realestate
As Malls Get Crushed, Commercial Real Estate Prices Fall to Lowest in Nearly Two Years by Wolf Richter • Apr 13, 2018 • 6 Comments Leverage is why the Fed has been worried about the bubble in CRE. Commercial real estate loans at banks in the US reached a record of $4.3 trillion. This amount is now 11% higher … Continue reading
The myth of “shareholder primacy” continues to crumble
When I was getting my MBA 10 years ago, the manifold virtues of shareholder primacy were so ingrained in the culture of business academics that, while they informed every bit of the curriculum, they were only discussed in passing. There was no more attention paid this foundational concept than you would pay attention to the … Continue reading
Simple Fact: The Best Companies to Work For Are Beating the Market
This pretty much nails it. There is an undeniable link between employee engagement and financial returns. The latest edition of the annual Fortune 100 Best Companies to Work For list shows that it’s the companies that employees say are great workplaces that demonstrate stronger financial performance, reduced turnover, and better customer and patient satisfaction than … Continue reading
Are high “employee engagement” firms better positioned to survive recession?
That may be the question invesotrs are asking, and asking fairly soon. Welcome to Carmageddon: The subprime car-lending industry bubble is popped and it is not going to end well. Continue reading
Exit119a is back in action
Over the next few weeks I’ll be knocking off the rust and posting updates on: The original Exit119a Portfolio, Glassdoor’s 2017-18 Best Places to Work, Current thinking in capitalism & company culture, and What’s new thinking in employee engagement investing. In the meantime, here is a guy wearing a “Stop Brexit” hat. Continue reading
Carmax (KMX) enters buying territory on M.E.D (Missed Earnings Drop)
Carmax just dropped when speculators bailed upon hearing this earnings report: * Shares of CarMax Inc (KMX). fell 6.4 after the used-car seller’s third-quarter profit missed Wall Street’s expectations. Profits rose to $106.5 million, or 47 cents a share, from $94.7 million, or 41 cents a share, in the year-ago period. Revenue rose to $2.9 … Continue reading
The myth of “shareholder primacy” continues to crumble; employers, employees and shareholders win
When I was getting my MBA 10 years ago, the manifold virtues of shareholder primacy were so ingrained in the culture of business academics that, while they informed every bit of the curriculum, they were only discussed in passing. There was no more attention paid this foundational concept than you would pay to the concept … Continue reading
Adding Microsoft (MSFT) to the portfolio @ $34.64 per share
While Apple usually sucks all the “best place to work” oxygen out of the room, there is reason to view Microsoft as possible comer. They have a 3.6 glassdoor rating (Costco is 3.8), and they could be poised for some nice growth after their so called lost decade. There is also talk like this…going around. Continue reading
Great Places to Work Institute List of “Best Medium Workplaces” includes three publicly held
The Best Companies Institute, which compiles the “Fortune 100 Best Companies List” has recently released its list of the best medium workplaces. On the list of 25, three are publicly traded. Best Publicly Traded Medium Workplaces #5 Pinnacle Financial Partners (NASDAQ:PNFP) #11 Cirrus Logic (NASDAQ:CRUS) #16 Walker & Dunlop (NYSE:WD) This is what BCI says … Continue reading
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