FROM THE TANK: HOW I PICK TECH COMPANIES
Written on the 17 June 2016 by Dr Glen Richards
JAMIE Pherous, the founder of Corporate Travel Management (market cap $1.4 billion) said it well at the Brisbane Business News breakfast last week: "Business is simple, don't overcomplicate. Learn the rules of the game and play hard".
Following that, I review the company's five-year financial forecasts and see if they gel with my view of the future - be it from a pessimistic, probable or optimistic standpoint.
...with all that said and done, and with plenty of time to review and speculate, I still think my large gut plays an exceptionally large part in my decision making. Or was that my wet index finger?
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Author: Dr Glen Richards
About: Dr Glen Richards is a veterinary surgeon and founder and former CEO of Greencross, Australia’s largest pet care company. Glen spent 10 years building a multi-million dollar integrated pet care empire, which now operates more than 130 veterinary hospitals in Australia, New Zealand and China. The company is also Australasia’s leading specialty pet care retailer, with more than 200 stores operating under the brand names Petbarn and City Farmers.Connect via: Twitter LinkedIn