How long can a company lose money without running out of cash?
Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffet Is the Houston economy’s metaphorical “tide” going out? It’s hard to say, but some businesses are definitely feeling a bit “naked” these days. They may not even realize the peril they’re in because they still have positive cash flow despite the fact they’re losing money. This begs
December 9, 2015
