New Contract for Dick Bartley

sahwheet he will continue on into a fourth decade!!!!!!!

Dick Bartley Please Don't Go Away

See from his web site that his distribution deal with ABC will end by 3/31/2009. The best oldies from the 60s and 70s since the early 1980s every Saturday night from 6pm to midnight.

What a shame. Thanks to 93.3 KIOA Des Moines for many great evenings via Internet radio.

Let's hope Dick gets or finds a new deal. He is a national treasure. In the 80's his radio show was THE Saturday night party sound track. NO ONE gets the music of the 60s and 70s like him.

Thanks Dick for so may great memories.

Markov My Friend

Well we know a system steady state will be reached once all these joint probabilities play out. How many iterations? Can I buy a vowel?

Tuesday Musings

In class today my students and I explored the world of FCF (Free Cash Flow) models. It was fun to see them come to the realization that the HV i.e. TV (Horizon Value aka Terminal Value aka Continuing Value) is essentially based upon the Gordon Growth Model where value of equity = (expected dividend/price of stock) + estimated growth.

Is a company simply an ATM machine?

Sunday Musings

What if we had a depression and nobody came? The psychology of this situation is fascinating. It seems that the stress test for troubled banks is too optimistic. Seems economic conditions are worse than perceived.

Here is a nice article at NYT Online

http://www.nytimes.com/2009/03/01/opinion/01endintro.html?_r=1

What a Wild Ride

Since my flurry of blogs during the summer of 2008 I have had the "fun" of watching the financial meltdown. A perfect storm of lack of regulatory oversight, greed and the hubris of financial engineering.

The NY Times Online has a superb ongoing series and Charlie Rose on PBS continues to have exceptional interviews of key players and the best minds related to the process of recovery.

Cool tech things going on as well, especially Kindle 2.

HR Tools Interviews

Over the next several weeks I will be interviewed by the web site HR Tools. My first interview involved knowledge management. Follow up interviews will include these topics: Decision Theory,

Intellectual Capital and Corporate Valuation, and The Deep Web.

http://www.hrtools.com/