Adam J. Epstein
I can vividly remember staring in awe at the shiny display in the window of the Victorinox store on Bahnhofstrasse in Zermatt when I was a boy. For several days in a row, I walked ahead of my parents so that I had enough time to look at all the different models. On the day we were leaving, my dad...
Christine LaSalle
Allied air supremacy was a fact not in evidence for the lion’s share of WWII. In the 18 months leading up to D-Day, nighttime missions over Germany from the UK proved ineffectual and daytime raids were sitting ducks for the Luftwaffe. The B-17 bomber was a testament to Boeing’s engineering...
Gary Mavis
So much that is written and said about boards of all kinds is focused on, “Where were they?” They are either asleep at the wheel or so insufficiently apprised of their roles that they couldn’t even find the wheel. After several experiences this year, I feel like the next wave of dialogue is...
Adam J. Epstein
Recently, I was in a Canterbury pub built in the 15th century taking respite from snow and bracing cold. It was a fantastic reprieve for two reasons: (1) drinking world class scotch for 85% less than in the States always feels triumphant; and (2) watching and listening to the larger-than-life...
andrew
This post focuses on one of the points covered in the Far Phase board training session on Generative AI. Unlike Predictive AI, which is largely about doing analytics on in-house data, Gen AI exposes a company to a new set of risks related to Intellectual Property (IP). Boards and Directors should...
Adam J. Epstein
I recently met with a board member of a micro-cap that was a multibillion-dollar company during the pandemic but has since shed most of its market capitalization. Once upon a time, this large-cap company was exclusively traded by iconic institutional investors. Now, because of its size and...
Adam J. Epstein
Small-caps often contain directors who are new to the small-cap world, having spent their careers operating, governing, or advising large-cap companies. These board members, and their colleagues, are often surprised – and not in a good way – to learn that many small-cap investors don’t always view...