Welcome back friends to another weekly video. In this video, we are going to talk about how to deal with incompetent people. Watch now! VIDEO SUMMARY The Problem with High Performers If you are watching this YouTube channel, you are a high performing person. Otherwise you would be watching something else. So you are …
This week we are talking about Hostile Takeovers. Watch now! VIDEO SUMMARY Hostile Takeovers are an interesting situation in business. A hostile takeover occurs when someone buys a business that does not want to be sold. If you think about it, that is a very bizarre situation. Businesses are bought and sold all the time, …
Welcome back friends to another weekly video. I am really excited, because we just passed a major milestone on this channel. We just passed 5,000 subscribers. That is mind blowing to me. I never knew that so many people would be interested in hearing me talk about accounting and corporate finance every week. So I …
Read more “Five Ways to Supercharge Your Business (FREE ebook)”
Welcome back friends. We are talking about your career. I have made a bunch of videos on career planning, because I know how difficult it can be. Especially if you are young and just starting out, you think to yourself a lot “Is this the right job?” “Am I in the right career?” It can …
This week we are doing something fun! I hear that all the young kids these days are playing something called Fortnite. So I thought I would jump into a game and see how I do. And see if this game teaches us anything about business. Watch now! VIDEO SUMMARY What surprised me the most …
Today I am doing a book review of “The Age of Anomaly” which talks about the question “How to avoid financial collapse.” Watch now! VIDEO SUMMARY A New Book on Market Crashes We are talking about “The Age of Anomaly” by Andrei Polgar. This is a new business book that was just released. You …
In this video I am going to nerd out a little bit, because we are talking about what Star Trek’s philosophy on Money. VIDEO SUMMARY Star Trek’s Philosophy I am a big fan of Star Trek. When you examine Star Trek’s philosophy on money, it leads you to some interesting conclusions. To start, Star …
Read more “Star Trek’s Philosophy on Money (Socialism vs Capitalism)”
In this video, we are going to talk about the idea that Greed is Good. Watch now! VIDEO SUMMARY The most famous business movie In 1987, a movie came out that changed the business world forever. That movie was Wall Street starring Michael Douglas and Charlie Sheen and directed by Oliver Stone. The movie …
Today we are going to talk about the difference between LIFO and FIFO. Watch now! VIDEO SUMMARY In last week’s video, I mentioned LIFO very briefly. I wanted to talk about LIFO in more detail, because there are some important accounting ideas you need to understand. Definition Let us start with the definition. What …
This week we discuss the difference between GAAP and IFRS. Watch now! VIDEO SUMMARY Introduction I have hesitated to put out a video on GAAP versus IFRS because this is something that is constantly changing. I am shooting this video on Aug 5, 2018, and this information will probably be different next year. But I …