One truth the supply chain crisis has exposed is the need to make more products in America. Some products are more important than others. Creating manufacturing dependencies is a huge…
2/ Clayton Christensen identified a major cause of dysfunctional offshoring of manufacturing:

"Reducing assets is much easier than increasing revenue. So if a CEO is rewarded for a good RONA ratio, the incentive is to outsource aggressively."…
3/ New Church of Finance formalized beliefs and taught them in schools. They're all ratios. Examples:

Return on Net Assets (RONA)
Economic Value Added (EVA)
Internal Rate of Return (IRR)

DCF is not only the best measure for investors, it is…

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Tren Griffin

Tren Griffin Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @trengriffin

11 Oct
1/ Podcast for your next workout or walk (interview with Dan McCarthy on Customer-based company valuation (CBCV) starts at 13.30 minutes. Better forecasting with data science. With CBCV, marketing speaks the language of the CFO.)…—-with-daniel-mccarthy
2/ Podcasts that include a transcript have lower customer acquisition cost (CAC). There is always better word-of-mouth with a transcript. I'm much more likely to be a guest on a podcast with a transcript like Invest with the Best or Infinite Loops.…
3/ Dan McCarthy talks about a way to differentiate between a business that is creating value and one that is destroying value even though both are not profitable on a GAAP basis in this podcast. He uses the word "variable" in one important sentence. What is that sentence ?
Read 5 tweets
9 Oct
1/ In October 1945 Arthur C. Clarke published an article in Wireless World. It described a communications system of three satellites at altitude of 35,900 kilometers whose period exactly matched the earth's rotational period. I met with him only one time.
2/ Orbits have different eccentricities – a measure of how circular (round) or elliptical (squashed) an orbit is. Non geostationary orbits (NGSO) can look quite odd at first like this one Boeing would like to use for a satellite system at Ka and V band.…
3/ I try to include some science in my tweets since you can't understand business today without it. Another example would be propagation of radio waves at V band (40 to 75 GHz). Even oxygen creates problems at this frequency as does rain. Everything (almost) is a trade off.
Read 8 tweets
5 Oct
What business is this?
2/ What's wrong with this picture?
3/ Clue: "Capital expenditures were $592 million for the year ended December 31, 2020, compared to $773 million for the year ended December 31, 2019."
Read 4 tweets
4 Oct
1/ What business is this?
Read 4 tweets
3 Oct
A sentence I don't need to write now (already done):

"Consumers are crazy to buy things because the world is awash with dollars from government stimulus, higher savings and pent-up demand. PlayStations, laptops, phones, gym equipment – you name it people are trying to buy it,”
Systems were not set up to deal with a surge in demand of this magnitude over a time period this short. The time it will take for systems to be rebuilt and reconfigured to meet this new reality will be longer than most people imagine. Atoms must be moved.…
At the same time as the demand for goods increased some key people failed to forecast the speed at which the demand for chips would increase.

Software ate the chip supply.

The best way to escape responsibility for this forecasting error is to point a finger at another cause.
Read 5 tweets
2 Oct
The best oyster in the world is a Kusshi in my view. What is your favorite?… Image
We are growing Kumamotos which "are worshiped for their amazing sweetness and clean, fruity aromas. These Japanese natives grow agonizingly slowly." I wish we could grow Kusshi's too. We also grow triploid Pacific oysters.…
As everyone knows, I was considered the favorite to win the West Coast Oyster Shucking Championship held this weekend every year since 1982 in Shelton Washington.

Due to the Covid pandemic the championship was virtual this year. I will "keep clam" about my practice routine. Image
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!