A written declaration of an organization's core purpose and focus that normally remains unchanged over time. Properly crafted mission statements (1) serve as filters to separate what is important from what is not, (2) clearly state which markets will be served and how, and (3) communicate a sense of intended ... more
Online M.B.A. - is it Worth it?
The biggest lesson from my father was that investing was all about businesses and people. He’d talk about McDonald’s vs. Burger King or the rise of Nike or how Steve Jobs started Apple, all in a way that was very interesting for a kid. There was nothing about P/E ratios or market caps – things he figured we could learn later. He wanted us to understand the essence of business and what made a ...Read more