Explain goodwill

Goodwill And Intangibles – Part 1  February 9, 2018 – 09:01 am

Goodwill and intangibles. Laurel and Hardy. Tom and Jerry. They all have comedy value. The sky really is the limit when it comes to goodwill and intangibles.

Goodwill and intangibles

There are analysts far cleverer than me who will pick apart goodwill and intangibles to arrive at a value for goodwill and intangibles based upon their analysis.

Goodwill and intangibles

My experience reading notes to financial statements about goodwill and intangibles has made me a lazy investor: I simply cannot be bothered with the legwork of placing a value on goodwill and intangibles when so much of it is make believe, especially when you consider the concept of goodwill from our good friends at Wikipedia:

“Goodwill is an accounting concept meaning the value of an entity over and above the value of its assets”

‘Over and above the value of its assets’. Why would you want to pay for something over and above the value of its assets?

What this jargon means is that when one company buys another company and pays more than the book value, the difference between the book value and the purchase price is entered onto the purchasing company’s balance sheet as goodwill.

This ‘premium’ paid above book value for a company is goodwill and classified as an asset.

Source: Stock Market: The Shares and Stock Markets BlogStock Market: The Shares and Stock Markets Blog |

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I do tastings for..

Distributers and winery's here in the Boston area.
Some venues have the rep bring the bottles in ahead of time, some get credit from taking bottles from stock.
I would suggest you bring in your own bottles and bring a few too many and give them to the owner for goodwill.
It is amazing what a good impression you will make that way.
Make sure that there is at least a mild c...
If they say they don't drink wine, point out that they will be called upon to bring wine to a friends or familys for an occasion and that bringing a wine blind may not work out so they should just taste it to see if it is pleasent at all.
Keep smiling.
CUPS! Get the 2oz plastic ones from CVS or walmart and make sure you use a slow pourer for control.
Have fun! Good luck!

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But to me it was the principle of being overcharged like a damned moron tourist, when I'm a regular there. Might have been just an honest mistake, but after my freind's experience I was kind of pissed.
Maybe what I'll do is next Wednesday go back in when the same staff will likely be on call again with a bud of mine who speaks Mandarin, have him explain what happened, then slip them a goodwill fin before we eat, then leave my usual %20-%25 at the end.
I am NOT a cheapskate when it comes to tipping and I think anyone who has read my previous posts on the subject knows that. It wasn't the stupid four bits, but the principle of being ripped off, when those waiters all know that I'm good for a generous tip that bugged me. Almost like my good nature was being taken advantage of.

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But, it's only good if most are smart and quick. You are given a word and the rest of your team has to guess it without the cluegiver saying any of the word or the 5 words on the card. ie: the word is poker...you cannot say card, hand, play, game or bet. If your family is good at describing things in a roundabout way go for this one. It can get frustrating when people cannot explain well. I also love Outburst, probably easier for the kids. Have fun!! Oh, and checkout Goodwill before you buy new, they often have used games for super cheap.

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