InterChina Partners and Wottrich Form Affiliation

InterChina Partners and Wottrich Form Affiliation, Atlanta USA Richard L. Wottrich, CEO and Senior Consultant, International Services, at DSI Global View (Atlanta), has agreed to affiliate with InterChina Partners and InterChina Consultants (Shanghai, Beijing) as a Senior Advisor representing the interests of InterChina in the United States. This affiliation provides a unique ability for DSI to refer new business and clients for applications and solutions in China. Wottrich has consulted with InterChina for several years and is  well positioned to evaluate and implement U.S. client strategic plans in China. InterChina Partners InterChina Partners and InterChina Consulting are specialists in China. Their team of 50 professionals has conducted over 600 strategy projects and closed over 185 transactions since inception. Through its unique combination of capabilities, InterChina has delivered the highest quality of services to clients for over 20 years. InterChina is one of the leading advisory firms in China, and the number one alternative to the global consultancies and investment banks. Based in Beijing and Shanghai, InterChina has a sustainable backbone of local and western professionals who have both experience working in China and overseas and have offices and professionals throughout China, the US and Europe. InterChina joined with Clearwater International in 2014, along with three leading European corporate finance firms (UK based Clearwater Corporate Finance, Scandinavian firm Advizer and IMAPLynx based in Spain and Portugal), creating Clearwater International. Richard L. Wottrich Richard L. Wottrich, CEO and Senior Consultant, International Services, formed DSI Global View 25 years ago as an international consultancy. DSI assists businesses in researching, analyzing and implementing cross-border entry into new markets via IT, Joint Ventures and M&A. The DSI cloud-based virtual Global Networking Platform is composed...

Six Mega Trends – 2018

“If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people.” – Confucius Charting global mega-trends is perhaps a fool’s errand, but there is order in the fractal universe – if you know where to look. Certain historical currents run strongly and are perhaps not immediately apparent, but nevertheless their impact will be felt in 2018 and beyond. 1. Insurance and Climate Change Zillow recently reported that $400 billion in Florida real estate values could be at risk from climate change by 2100. Property insurers will not be willing to insure real estate unless rates are substantially raised. Homeowners will naturally lower coverages to fit their budgets. Many will move away. Behaviors will change. Meanwhile many homeowners whose homes were flooded by Hurricane Harvey have no flood insurance – they cannot afford it. But a wealthy owner of a $2 million home on Bird Key in Florida gladly pays $25,000 a year for that same flood insurance. That owner knows their claim will likely be in the hundreds of thousands, so the federal flood ‘insurance’ subsidy is a bargain. Right now insurance rates are set on arbitrary vectors, such as zip codes. But risk analysis and big data will fine tune these methodologies and homeowners at the greatest risk from climate change will face enormous insurance rates – many will move. These mismatches in insurance coverage and uneven federal flood insurance subsidies will ultimately be reflected at the ballot box, changing political behavior in favor of working to control and plan for climate...

The Uncertainty Principal

The Uncertainty Principal was first articulated in 1927 by the German physicist Werner Heisenberg. It states that the position and the velocity of an object cannot both be measured exactly, at the same time, even in theory. The very concepts of exact position and exact velocity together, in fact, have no meaning in nature. Only with exceedingly small masses of atoms and subatomic particles does the product of the uncertainties become significant. “Any attempt to measure precisely the velocity of a subatomic particle, such as an electron, will influence it in an unpredictable way, so that a simultaneous measurement of its position has no validity. This result has nothing to do with inadequacies in the measuring instruments, the technique, or the observer; it arises out of the close connection in nature between particles and waves in the realm of subatomic dimensions.” But in the world that is our reality we have ‘observed’ what seems to be the Uncertainty Principal at work when buyers circle a company that may be in play as an acquisition. The very knowledge that buyers are ‘observing’ a corporation as a potential acquisition can cause the target’s ownership to change their behavior. The most common question I receive once an offer has been tendered for a company is, “What should we do now?” The correct answer is that ownership should run their business as they always have, but in practice this often isn’t the case. In one case a private seller injected personal cash into the business to meet cash-on-hand requirements, which in turn influenced the purchase price upwards based on the EBITDA multiple being paid. Once it is clear that...

Giants

Alfred Stieglitz posing in front of a painting by Georgia O’Keeffe, as taken by Ansel Adams, New York City, 1939, as photographed at the Booth Western Art Museum in Cartersville, Georgia,...