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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (22002)9/5/2007 2:34:53 PM
From: KyrosL  Read Replies (2) | Respond to of 217981
 
I bought PMT today at 7.33 USD. It's a Canadian gassy trust. Natural gas is in the doldrums and bound to tank even further. Storage is full. Exploration is getting cut back. PMT is selling at its all time low, at 1/3 of its high a year or so ago. It cut its dividend from 20c a month to 10c a month. In short, my kind of stock :)



To: energyplay who wrote (22002)9/6/2007 2:24:43 AM
From: elmatador  Respond to of 217981
 
I have theory that accountants have been measuring wrong and killing the developed countries’ economies which caused a shift of economic activity to the emerging markets.

Then I read “Accounting For Lean Tastes”:
“…accountants and leadership are curious and thirsting for breakthroughs in understanding the financial results and activities of the business."

industryweek.com

This is a pointer. I read this way: We came all the way to here and now we discovered we’ve painted ourselves into a corner.

I see the economy moving from where there accountants to where there are (not yet) accountants trained in lean accountancy.

By the same token they also killed agribusiness and materials. That's why the emerging markets are taking these businesses from them.

Watch how little can be made productively in a developed country. That points to accountancy to have to answer a lot of questions in why the economy has come to this sorry state.

The so-called lean accountancy is a cancer that attacks the whole company: It grows from accounting attacks engineering, moved into purchasing, the HR…

Once the executives start promoting and rewarding the new accountancy methods everyone in the company starts treading the line since no one wants to be seen as iconoclast...

Slowly the guys who see that as crazy move out. The company starts attracting that type of mindset that fits lean accountancy, Business Week does a cover story.

Teachers in the school offer it in the MBA courses and then the destruction is complete as it is today.