Always looking forward
by Kimberly Kirchner, Sponsored Content Editor, The Berkshire Eagle 21 years in business is no small achievement, but Berkshire Money Management CEO and Chief Investment Officer Allen Harris prefers to measure his company’s success with a different metric. “I’ve worked with folks in this area, with businesses that are literally going on a century. And…
By Allen Harris
May 13, 2022
Take my money, please
Good morning class. Today, in Microeconomics 901, we are going to learn about “Veblen goods.” As you all know, microeconomics consists of two groups — businesses and people. Microeconomics is the study of decisions made by firms regarding the allocation of resources. It is also the study of the prices people are willing to pay…
By Allen Harris
January 19, 2021
What is in the Stimulus Package?
Well, I got that one wrong. Fortunately. Yes, we got a stimulus package! I had said on November 30 that, “I am investing as if we’ll see something in the range of a $500 billion stimulus package announced by early February. (For comparison, JP Morgan is expecting a $1 trillion stimulus in March 2021.)” Fortunately, what that…
By Allen Harris
January 4, 2021
Purpose as a competitive advantage
Once upon a time, the sole purpose of a business was to make the owner rich. Today, it’s considered “mainstream” for a company to also have a more humane purpose. If done authentically, doing so will make the owner even more wealthy. Purpose is motivation, and motivation is a competitive advantage. A corporate purpose explains…
By Allen Harris
November 10, 2020
Few businesses sell
The goal for many business owners is to sell their company and retire with confidence. If that wasn’t a consideration of yours last year, it might be today. According to a Baker Tilly survey, as a result of the pandemic, 31 percent of business owners will accelerate their sale to a nonfamily buyer, and 24…
By Allen Harris
October 19, 2020
Recession or Not? Analysis by Allen Harris, October 2022
Is the U.S. economy currently in a recession? The National Bureau of Economic Research isn’t officially calling this a recession, but after two consecutive quarters of declining GDP, Berkshire Money Management Founder and CEO Allen Harris is convinced that what we’ve been experiencing in 2022 is, in fact, a recession. And as the Federal Reserve’s…
By Allen Harris
October 12, 2022