Business · FORTUNE
Fortune #48
Caution
If supplier payments keep slipping, do not leave the partner guessing. List arrears and discuss a schedule you can keep.
QUOTE CARD
A quote for you
“นักลงทุนที่เข้าซื้อหุ้นในตลาดที่ร้อนแรงเกินไปจำเป็นต้องตระหนักว่า อาจต้องใช้เวลานานพอสมควรกว่ามูลค่าของบริษัทนั้นๆ จะปรับตัวขึ้นมาเท่ากับราคาที่พวกเขาจ่ายไป”
— วอร์เรน บัฟเฟตต์
นักลงทุนและประธาน Berkshire Hathaway ผู้มีชื่อเสียงด้านการลงทุนระยะยาว
- Person
- Warren Buffett
- Source work
- 1998 Berkshire Hathaway Annual Meeting, as quoted in The Essays of Warren Buffett: Lessons for Corporate America (1998), p. 92
- Source text
- Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
STORY & REFLECTION
Three overdue supplier bills
Guidance-based illustration · Three overdue supplier bills
Illustrative scene: A flower shop receives stems weekly from the same grower but says “soon” instead of paying on time for three cycles. The grower doubts whether to send the next delivery.
The owner reconciles invoices with the grower, maps cash in and out, proposes realistic payment dates, and temporarily orders less. He does not wait for another reminder.
The SBA recommends orderly records of revenue and expenses and using financial statements to understand capital and cash flow. Sales figures are best read alongside actual receipts and payment dates.
Timely payment matters; after a miss, clarity begins to repair trust.
Reflection
Supplier relationships depend on reliable payment.
A small action today
List arrears and discuss a feasible repayment plan.
A question to reflect on
Which payable is due first, and when will cash be available?