Tag Archives: Capital

Best Financing Source for a Business: Its Customers

Financing growth for your business with cash from customers, rather than more expensive debt or equity, makes your ownership even more powerful.  In most of the investments made into operating companies by Greybull Stewardship, my investment fund, our operating companies get paid by customers before… Continue reading

Raising Capital: About Fit and Timing

I was in New York last week speaking with existing and prospective investors in my investment fund, Greybull Stewardship.  The match-making activity between capital seeking returns and opportunities seeking capital is truly amazing in the United States.  Nothing brings this home like New York City… Continue reading

Company Culture Like Fine Wine or Great Coffee

Company culture gets crafted over time by thousands of small decisions, and a few large ones. Yes, the big decisions about the vineyard or varietal takes spectacular time. But I was struck by how many small decisions like the shape of wood barrel, the wood… Continue reading

Like Warren Buffett, Best Investment Philosophy Balances Discipline with Flexibility

Warren Buffett is famous for his discipline in his early investing success.  Now, I think he is demonstrating his flexibility (some are critical of his recent flexibility) in investment philosophy.  Both are important skills for business owners and managers to master and to know when… Continue reading