June 2015

Dave Canal
June 16, 2015

To recall a lunch from 37 years ago, it has to have had an emotional impact.  This one certainly did.  I remember feeling somewhat despondent as the lunch began.  The guest speaker was the Chief Financial Officer of Toys R Us.  At that time, the toy retailing industry was an eight billion dollar business.  Toys R Us with $250...

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Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.

– Bernard Baruch