Category Archives: Finance

Basic Financial Management-What is a Cash Flow Statement?

The Cash Flow Statement is typcally the 3rd of the 3 financial statements found in an Annual Report. This video provides an overview. It gives a clear explanation of the relationship between the income statement and cash flow statement.




About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com

Basic Financial Management-What is a Balance Sheet?

The Balance Sheet is one of the 3 main financial statements of a company — it captures the Assets, and the Liabilities (equity+debt) at a “certain point in time” – like the end of the year. And it balances.





About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com

Basic Financial Management-What is an Income Statement?

There are 3 main account statements for companies – the income statement, the balance sheet and the cash flow statement. This video in on the first of these – the income statement.





About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com

Microsoft Yahoo Merger??

There is strong rumor that Microsoft and Yahoo are talking on a deal – they did engage in talks a year back but nothing came out. But in the same one last one year, Google has made a few big moves, which can easily make these two ‘other giants’ rethink their original positions. Yahoo has continued to struggle while Microsoft has seen an increasing threat in the form of Google and both companies have seen major reorganizations in their top management.

So some form of teaming might make more sense now and The Wall Street Journal is reporting that “executives at Microsoft and Yahoo are taking a fresh look at a merger of the two companies or some kind of match-up that would pair their companies’ respective strengths.” While talks are reputedly in the early stages, Microsoft is certainly feeling a sense of urgency due to the Google threat. “Short of a wholesale merger, Microsoft could spin its online group into a separately-run Yahoo, in return for a Yahoo stake. Continue reading

What is MyOrbit.tv

It’s the first post on this blog. We had maintained a blog on another domain so far, but now merged our blog with the main site, which means all the industry viewpoints and experiences- in text, audio, and video – will be available directly on this site.

MyOrbit.tv is a member-driven Internet video channel focused on business and professional development. Our viewers and members are worldwide, making this an attractive platform to view and share professional experience and promote new products and services – all this at a fraction of current costs involved in marketing, new product launch, and customer interaction.

Of course, this channel won’t solve it all for you, but we have a plan – to add beneficial functionality and information – few at a time, so that a majority of our members can benefit from them. The discussions and videos on this channel are by active professionals and business executives, and we believe it offers great value to our viewers and members. This video shows how you can benefit from this channel.

We will pushing the boundaries of Internet streaming video. Some of the benefits for our Members and Viewers will come from applications like:

  • Industry discussions and debates with members – this gives original content, which everyone wants to watch.
  • New product demos by companies (eg. a medical diagnostics company demonstrating the benefits of its new diabetes management product, a SOX consulting company showing their solution framework, etc)
  • Career Development (eg. sales training and commercial presentation videos, job candidates presenting through video; crash the recruitment process through private videos)
  • Promoting professionals or new businesses (eg. a warehouse business showcasing its premises, security facilities, and client endorsements)
  • Pre-approved advertisements (by our Member council) launched by the viewers