About: Bob Herbold
Recent Posts by Bob Herbold
Founded 25 years ago, BlackRock has quickly become not only the world’s largest asset manager ($5.7 trillion under management), but also the dominant leader in the fastest growing investment product; exchange-traded-funds (ETF’s). The company went public in 1999 for $14/share and today BlackRock’s stock trades in the $465/share range. Over the past 5 years, it is up +145%. Separately, a recent Harvard Business Review (HBR) article reported on research dealing with the role of “sense of purpose” in enabling companies to attract top talent and achieve strong results. They single out BlackRock as a prime example.
Written on March 19, 2018 at 8:16 pm
The CEO of Tesla, who is also the Chairman and Co-Founder, is clearly an amazing visionary. The Tesla all-electric car has created a major inflection point in the automobile industry and with every passing day we are seeing more and more momentum shift toward the use of all-electric cars.
Written on March 8, 2018 at 5:15 pm
Back in 1999, Xerox was the king of the document copying business and had just achieved its peak market value of almost $50 billion. In Asia, Xerox operated with a partner, Fuji, and their copying machines were sold under the name of Fuji Xerox.
Written on February 26, 2018 at 4:47 pm
It was 2013 when the current CEO took over the leadership of the classic retailer Sears. His task was to stop the share price decline; virtually a straight line from $120/share in 2007 to $45 when he took over in 2013. Unfortunately, he has been unable to halt that decline and it is now fairly clear that Sears is on its way to bankruptcy. It just announced it will be closing 100 more stores in 2018, and its stock price is currently in the $2.25 range.
Written on February 15, 2018 at 2:36 pm
The book called Rescue of the Bounty is an exciting, true story of an ill-fated, 2012 voyage of a fifty-year-old, 180 foot, wooden ship called Bounty. It was a replica of the HMS Bounty, a classic three mast ship of the late 1700’s, and was used in movies such as Mutiny on the Bounty and Pirates of the Caribbean.
Written on February 5, 2018 at 9:22 pm
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