JDT Advisory
In the late 1950s and early 1960s, Dempster Mill Manufacturing Co. was a windmill and irrigation systems manufacturer based in Beatrice, Nebraska. Its stock sold for $18 a share with a steadily growing book value of $72 per share. In accounting jargon, book value is the value of a company’s assets reported on its balance sheet minus …
Patton Thorne is a fictional Wealthpreneur with a real-world problem. In 1997, he invested $10,000 in the initial public offering (IPO) of a little-known company named after a South American river. On a split-adjusted basis, his Amazon shares are now worth approximately $25 million. (As of summer 2024, Amazon stock traded at an all time high of …
In 2022, over 7.7 million people visited the Louvre museum in Paris. Its most well-known painting is the Mona Lisa, painted during the Renaissance by Leonardo da Vinci. But some guests prefer the works of Monet (Impressionism), Rembrandt (Dutch Golden Age), Picasso (Cubism), or Warhol (Pop Art). Trash or treasure?Which art style or artist is your …
According to a 2023 survey by Datarails, a small or medium-size business (SMB) spends an average of $54,000 per year for finance and accounting software. Millions of pages of financial data are produced every year! But as Henry David Thoreau once observed, “It’s not what you look at that matters, it’s what you see.” (Emphasis added.) …
