IF

IF

IF Thomas C Schleifer, Ph.D. It is somehow comforting when other experts confirm your view of the world. Just this week in Engineering News Record:  ENR October 12, 2022 Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat By James Leggate...
In The Eye of the Beholder

In The Eye of the Beholder

In The Eye of the Beholder Thomas C Schleifer, Ph.D. Wall Street investment advisors are beginning to act like contractors. Hedge fund managers now value tech companies based on a multiple of future revenues rather than a multiple of past earnings. Revenues trump...
Capacity

Capacity

Capacity Public financial markets value companies based on their ability to earn money into the future. Financial analysts apply a multiple to the current proven earnings of a given publicly traded company in an attempt to accurately predict the value of future...
Construction CFOs – They’re Not Bean Counters

Construction CFOs – They’re Not Bean Counters

Construction CFOs They’re Not Bean Counters Ours is an extraordinary business. Think of the Egyptians who built the great pyramids of Giza with hand tools in the 26th century BC. Or the 20,000 artisans organized to fashion the remarkable Taj Mahal back in 1643. And...
2022 Construction Inflation Alert

2022 Construction Inflation Alert

2022 Construction Inflation Alert Many construction industry executives seem to believe that “runaway” inflation is the story of 2021 and not the theme for 2022. Today we are suspending speculation and simply recording the current construction inflation...