David Horne
@davidhorne
Lifelong apprentice.
David Horne
davidhorne.me
Not all synergies are born equal
Now a word on synergies.
Often the core of the rationale for a transaction.
The magic that creates the overlap in value between buyers and sellers. (There’s plenty more time for synergies as we go through this series)
Distinguish between hard synergies , and soft synergies .
Hard synergies ; synergies that can be qu... See more
Now a word on synergies.
Often the core of the rationale for a transaction.
The magic that creates the overlap in value between buyers and sellers. (There’s plenty more time for synergies as we go through this series)
Distinguish between hard synergies , and soft synergies .
Hard synergies ; synergies that can be qu... See more
✋ Stop Using Discounted Cash Flows for Business Valuation
At the back end, patient investing means no arbitrary timeline to sell and high opportunity costs. Proper patience isn’t necessarily holding forever, but instead applies flexibility – saying you’ll never sell is a form of pride, because there are great reasons, helpful reasons, kind reasons to exit an investment. However, not being a forced seller
... See morePatience requires openness. • How Patience Pays Off
has been equated with the Godhead and all His human weaknesses and limitations attributed to the Deity. The truth is that the Man who walked among us was a demonstration, not of unveiled deity but of perfect humanity.
A. W. Tozer • Essential Tozer Collection
Grace is opposed to merit not effort - Dallas Willard
Warren Buffett (in 1994) on ignoring political and economic distractions. https://t.co/tjnXgW3URa
The old question, "What is the chief end of man?" is now answered, "To dash around the world and add to the din thereof." Speed and noise are evidence of weakness, not strength. The desire to be dramatically active is proof of our religious infantilism; it is a type of exhibitionism common to the kindergarten.
~AW Tozer
In contemporary society, our adversary majors in three things: noise, hurry, and crowds.
~Richard Foster
Failure is never fatal. It may feel like it for a while, but it is only a challenge. Keeping athletics in the proper perspective for our children helps them keep their problems in perspective.
Dr. Rob Bell • Don’t “Should” on Your Kids
Parents, we need to be their greatest supportive coach. It is our job to be the coach that we always wanted. Our actions shape their beliefs. We are the greatest influence on our children’s lives and in their development, stability, attitudes, likes, and dislikes. Children watch everything we do and learn by modeling behaviors and beliefs about our
... See moreDr. Rob Bell • Don’t “Should” on Your Kids
Every assignment would be delivered in five versions: A three page version, a one page version, a three paragraph version, a one paragraph version, and a one sentence version.