Continuing the discussion of privately held companies vs. large, publicly traded business.  And why it matters.

Contrasting and comparing the characteristics of small, independent companies and beginning to talk about why it matters.

The start of a new series, Tom, both Sr. and Jr., talk about the differences between small, private companies and large, publicly traded companies - and why it matters.

Inflation, recession, rising interest rates, cooling housing market.  Interesting times.

Inflation, rising interest rates, a wishy-washy market in denial - where does that leave the business owner?

In this free-flowing episode we cover a lot of territory, largely centered on the idea of how to figure out what to price something at, or how much to pay for given the math only says so much about the reality of daily economic life - or something.  Another in the circular, dense, and insightful reflections of Tom Walker after 50+ years in the entrepreneurial trenches.

Tom Walker continues his discussion of independent business owners - a group he call "the Bills" after his older brother, a fiercely independent and highly competent person who built a foundry in the unlikeliest of times.  In this edition, we talk about the nuances of pricing, whether in terms of buying or selling.  Pricing is critical, complicated, and confounds simple cost plus profit analysis.  It is more than what Tom calls "math and reality".  Part one of two (or more).

This time, the Toms, Senior and Junior, discuss a certain independent type of person in business, a rare and seemingly contrarian character who often works against the grain of accepted practices.

More on the difficulty, complexity, and necessity of timing financial decisions in the context of economic and market volatility.

Things get more technical this time as we continue talking about economic timing and conventional financial wisdom.