• Advising, Managing & Investing in Growth

    Advising, Managing & Investing in Growth

    Over more than 25 years of paradigm shifts and business cycle volatility, GVA creates value for clients.

  • Strategic Planning, Financial Analysis & Corporate Management

    Strategic Planning, Financial Analysis & Corporate Management

    Drawing on public company CFO & Wall Street analyst experience, GVA serves such clients as The World Bank Group, Pharus Capital Management, and Mutualink.

  • Author & Expert Commentator

    Author & Expert Commentator

    GVA regularly contributes to & is a trusted source for such business media as CNBC, Bloomberg & BNN.

Recent Posts

BNN Interview: IBM Gaining Traction But Still Early In Transition

Today I joined BNN to discuss IBM Earnings IBM earnings With CEO Rometty’s surprise October 2014 announcement suspending earnings guidance investors have been understandably cautious with regard to maintaining positions in IBM shares. The 1Q15 results showcased the fundamental difficulties IBM confronts as revenues fell -12% y/y to $19.6bn while EPS rose +9% y/y to $2.91.

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Startup Founders: Hold Onto Your Innocence

Recently an article was published about the Ritual of Lean.  This got me thinking about how startups, on their journey from idea to funding to hopefully scale, how the all buzzwords, rituals, and competition (or perceived competition among startups as a sector) all contribute to the loss of innocence for any startup. I was the

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CNBC “Squawk Box” Interview: Tech Bubble To Burst? Still OK To Own AMZN?

Nasdaq 5K – Approaching Full Recovery To March 2000 Peak: With broader market averages such as the S&P500 breaking out to new highs, investor questions have grown as the measure that characterized the excess of the Internet 1.0 bubble, the Nasdaq index, fast approaches its March 10, 2000 intraday peak of 5,132.52 with concerns rising as

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CNBC “Closing Bell” Interview: HPQ FY15Q1 Results Disappoint As Strong US$ Cuts EPS Guidance

Does  Coming Split Into HP Inc & HP Enterprise Justify Holding Stock? Financial Snapshot: HPQ ($38.19) A) Rev/EPS forecast – Revs $27.3bn (-3% y/y), EPS $0.91 (+1% y/y) B) Valuation: P/E 9.7x FY15 (Oct) EPS (1.9x PEG ratio), shows HPQ pricing-in gains from Windows 2003 server upgrade cycle. HPQ – FY15Q1 Revenues Reflect FX Hit

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cnbc asia

CNBC Asia Interview: Enter The Apple Auto?

 Larger Addressable End Market – Could Leverage Proprietary AAPL Skill set Profitably AAPL Auto – Five Factors in Favor: The following five factors would support AAPL should the company wish to enter the automotive market: 1) $178bn in cash on hand – its financial strength derived from the profitability of its iPhone smartphone franchise provides AAPL

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Bloomberg Radio: Garrity on Cybersecurity Summit, FCC, Net Neutrality

Today I joined Kathleen Hays and Vonnie Quinn on The Bloomberg Advantage. You can listen to the replay here.  Below are some of the discussion points from the segment. 1) Internet Regulation: Historical Precedents Are Abundant & Instructive: The issues involved in the upcoming FCC decision pertain to the use, ownership and regulation of shared

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cnbc squawk box david garrity

CNBC “Squawk Box” Interview: AAPL Investment Discussion

Market Cap Breaks $700bn – iPhone6 Upgrade Cycle Expected To Boost $130bn Shareholder Value Program – Shares Attractive: Yesterday I joined CNBC’s “Squawk Box” to talk about AAPL. Thanks to Michelle Caruso Cabrera, Andrew Ross Sorkin and Scott Wapner for having me on. Discussion Points: 1) Swiss Franc Denominated Debt Attractive For Top-rated Corporate Issuers,

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CNBC “Closing Bell” Interview: AMZN 4Q14 Results Reaction

CNBC “Closing Bell” Interview: AMZN 4Q14 Results Reaction – Revs Miss Expectations, EPS Surprise on Peak Seasonal Quarterly Results – With Exposure To Weak Int’l Markets, Lighten Up on Post-EPS Stock Price Spike. AMZN EPS Surprise Masks 4Q14 Revenue Miss: The year-end 4Q14 results for AMZN (revs $29.3bn (+15% y/y), Operating Income $591mm (+16% y/y),

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BNN Interview: Facebook Results & Tech Sector Investment Prospects

FB results & Tech Sector Investment Prospects – Today, we tear down FB results and caution investors that tech stocks vulnerable to pullback after 4Q14 results. Replay link: http://www.bnn.ca/Video/player.aspx?vid=540873 1) Apple, Yahoo, Facebook, Google, Amazon — It’s a BIG week for tech earnings (Linkedin, Twitter next week). Would love your thoughts on all of the

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Interview: Apple Focusing On Chinese New Year

Today I joined CNBC to discuss 4q14 results for AAPL and YHOO: Apple’s earnings: Expect Revs $67.7bn (+18% y/y), EPS $2.60 (+26% y/y) ◦ FY15Q1 (CY4Q14) results are all about the extent to which AAPL capitalized on the substantial consumer demand for the large-screen iPhone6+. Note that demand for the iPhone6+ catapulted AAPL to be

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