“We had kind of a meta conversation about how do we want to handle conflict… we never argued on the ice… that always remained our safe place.”
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Said on ReThinking
“Even though headlines suggest tech disruption, demand for accounting practices is increasing, so values are going up and they’re very attractive to acquirers.”
Mark Emney · With Interest · Why accounting practices are in demand
Play from 2:42
2:42
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What was described
argue that despite headlines about AI disruption, accounting practice valuations are rising and the sector remains highly attractive to acquirers
Said nearby on the same subject
“When you have a high valuation… you attract lots of competition… agents become detached and make mistakes”
DD
Django Davidson
The Master Investor Podcast with Wilfred Frost ·
“The accounting industry in Australia is a $30 billion industry with over 30,000 practices; only about 20 firms have >$100 m revenue and 50-60 have >$20 m.”
ME
Mark Emney
With Interest ·
“We’re calculating probabilities of default… using Mertens’ model… small caps load highly on this default measure, and when default risk rises the effect becomes more pronounced.”
MV
Maria Vasalu
Masters in Business ·
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