Comment, question or quotation of the day

30-07-2019 : Quote of the day

“Yes, we have heard of shareholder value. But we put customers first, then workers, business partners, suppliers and dealers, and then shareholders.               “ Ferdinand Piech, chairman of the board of directors of Porsche

29-07-2019 : Quote of the day

“The idea that at all costs, the CEO's compensation should be linked to the share price, so that he will give his best for the company, is obscene.”           Jean-Cyril Spinetta


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The Letter

Number 121 of July 2019

News : Interview with the Finance Director of a listed biotech company

Statistics : Capital structure of different sectors 2008-2018

Research : Cash over the very long term

Q&A : Riddles for the summer

COMMENTS : Comments posted on Facebook