Buchler Phillips Quarterly Bulletin No. 13

Buchler Phillips Quarterly Bulletin No. 13

When is the right time to throw in the towel?

Most boxing pundits think 33 year old Khan, an Olympic medallist at 17, is in denial about his last fight and delusional about the next. His situation is often mirrored by those at a crossroads in their businesses: their insistence on continuing with a flawed strategy sometimes refuses, as well as fails, to recognise clear signals to stop.

DAVID BUCHLER IN CITYAM: THE DEBENHAMS ADMINISTRATION PROCESS HAS GONE HORRIBLY WRONG

DAVID BUCHLER IN CITYAM: THE DEBENHAMS ADMINISTRATION PROCESS HAS GONE HORRIBLY WRONG

MAGPIES are among the world’s most intelligent animals. Prone to cunning theft from other nests, they enjoy a surprising degree of protection. Foiled Debenhams suitor Mike Ashley won’t miss the irony that while his Newcastle United Football Club is nicknamed after these swooping robbers, it is a marauding band of debtholders that led a planned effort to steal the stricken retailer from under his nose, wiping out his near-30% stake and those of other shareholders.

Buchler Phillips Quarterly Bulletin No.6

Buchler Phillips Quarterly Bulletin No.6

An Inflated View of their Worth

Footballers probably don’t worry too much about inflation. Top players are fabulously wealthy and their demand for most goods and services is relatively inelastic. But even the ‘beautiful game’ is distorted by inflation when you look at the effect it has on the eye-watering transfer fees paid to soccer superstars.