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Business Insights From Conway MacKenzie
October 15, 2014

The Importance of Valuation

“If business schools could offer just one course, it would not be on stock trading, the efficient market hypothesis or modern portfolio theory. Rather, B-schools should be encouraging students to learn the boring, but critically important, discipline of business valuation.” This quote from Warren Buffet underscores why valuation is such an important issue in business. Having […]

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October 10, 2014

Business Lessons and the Bacon Bowl

Although it’s usually best to be diversified in business, sometimes you have no choice but to have all your eggs in one basket. Or, in the case of one small Mississippi company, all your bacon in one bowl. According to The Wall Street Journal, a “down on its luck” small town of 1,500 got a […]

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October 7, 2014

How to Eat an Elephant

Sometimes we’re called in to help a company in distress overcome a set of challenges. Other times it’s to assist a company that’s hitting on all cylinders capitalize on an opportunity. Regardless of the situation, from strategy to execution there’s much to plan and do to ensure a successful outcome. So what’s the best way […]

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September 9, 2014

No Dice: Atlantic City Trump Casinos File for Chapter 11

Another day, another Atlantic City casino Chapter 11 filing. Today Trump Entertainment Resorts, which operates Trump Taj Mahal Casino Resort and Trump Plaza Hotel and Casino, filed for bankruptcy in Delaware, case number 14-12103. This filing follows the closing of two other iconic Atlantic City casinos, the Showboat and Revel Casino Hotel, over Labor Day […]

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September 8, 2014

Fewer Bankruptcies, Fewer Defaults…For Now

According to Epiq Systems’ monthly bankruptcy update, there were 357 Chapter 11 business filings in August 2014. That’s a 41 percent decline from last August when there were 604 filings. On a year to date basis, there have been a total of 3,722 Chapter 11 business filings in 2014, compared to 4,599 over the same […]

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