Adam J. Epstein
In the summer of 1941, a German spy – who unbeknownst to Germany was also a British spy – was stationed in the United States. The double agent, codenamed Tricycle by his British handlers, was sent an uncharacteristically detailed questionnaire from the Germans, requesting extensive information...
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
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...