Mr. Organic (Brenhouse)
Great post. It will be interesting to see how Campbell’s integrates the learnings from the Bolthouse organization around their organic supply chain into their core business. With players like Wal-Mart and Target placing a greater emphasis on procuring organic alternatives for its consumers (while supply slowly catches up), I wonder how larger CPG companies will impact the food value chain overhaul that needs to happen in the coming years.
Fantastic post and extremely thought provoking. I am amazed that a commodity gypsum manufacturer can achieve EBITDA margins near 30%. What do through-the-cycle margins look like for CBP? How can the company flex its non-labor inputs in a downturn to maintain profitability?
Great post! Thinking more broadly about Goldman’s business model and the increasing role of regulators in investment banking activities, how do you expect Goldman to pivot their operating strategy to remain competitive with new alternative lenders (e.g. GSO, Blackrock, Golub) and boutique advisory firms (e.g. Evercore, Centerbridge)? How do you expect Goldman’s new HR policies to offset the fundamental risks that investment banks now face?