03-01 M&A
Large tech giants will get stronger during the pandemic. The political left will want them regulated. It was 1954 and I was an engineering student. At the end of each day I walked from the University of Toronto over to the family clothing store. It was John Bulloch Ltd, a profitable manufacturing and retail operation…
03-02 Workers
Working at home and coming into the office for meetings. Workers replaced by robots. Massive retraining. It’s a new world for workers. Will there ever be a time like the summer of 1945? When instead of going to camp, I was to work in the family clothing business. I use the term “family” because besides…
03-03 Bankruptcies
The pandemic is a bankruptcy story. Large firms can use bankruptcy to restructure. Small firms will close to avoid bankruptcy. For students of small business, births and deaths are something to watch. It means jobs created and jobs lost. Money borrowed and money to repay. Family excitement and family sorrow. I have started six ventures…