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33. Valuing Your Inventory & the Power of Retained Earnings with Wally Olson

33. Valuing Your Inventory & the Power of Retained Earnings with Wally Olson

Episode 33 Published 1 year, 2 months ago
Description

In today's episode, host John Haskell welcomes back Wally Olson to discuss the importance of regularly valuing inventory and the power of retained earnings. We discuss how understanding market swings and inventory management can significantly impact profitability, as well as strategies for reinvesting earnings to create compound growth. Wally also explains the role of inflation and deflation in the cattle business and the importance of being prepared for market changes.​

Wally Olson is a firm believer in helping place an old head on young shoulders. Wally teaches cattle marketing schools and loves to help young people get started in ranching. For more information about Wally and to hear his story of ranching and learning visit his website www.olsonranchllc.com

In this episode, we cover: 

  • The importance of valuing your inventory frequently
  • Selling overvalued and keeping undervalued inventory
  • Retained earnings and reinvesting for compound growth
  • Being prepared for market inflation and deflation

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