In an age of increasing financial complexity the “disclosure paradigm” – the idea that the more a company tells us about its business, the better off we are- has become anachronism. An act attributing a custom, event, or object to a period to which does not belong. Its what Enron did with their SPE’s special-purpose
Category: Finance
In late July of 2000, Jonathan Weil, A reporter at the Dallas bureau of Wall Street Journal, got a call from someone he knew in the investment-management business. ‘ You really out to check out Enron and Dynegy and see where their earnings come from’ and Weil Did. “Weil was interested in Enron’s use of
On Aug. 23 2020 I went to visit my family in Juarez Mex. for lunch and the surprise we would get on the way back. We had to be in a bumper to bumper traffic line for 9 hours to get back in the U.S. they said it was to stop discourage people from non
Empirica follows a very particular investment strategy. It trades options, which is to say that it deals not in stocks and bonds but with bets on stock and bonds. Imagine, for example the General Motors stock is trading at $50, and imagine that you are a major investor on Wall Street. An options trader comes
During the bull market of the 1990s, one of the most common criticisms of diversification was that it lowers your potential for high returns. After all, if you could identify the next Microsoft, wouldn’t it make sense for you to put all your eggs into that one basket? Well, sure. As the humorist Will Rogers
I love that we have many platforms to express ourselves and to be creative. I believe that being able to design/create and getting recognized by $$/financially has to be the best feeling ever. I’m excited to build a brand that can push the envelope on what is possible. I have so many ideas sometimes it
Look forward… Always look forward, never look down and don’t look to the sides. If you catch your self looking to sides you are looking at other’s path. Use our peripherals to look to the sides. If you catch your self looking down over correct it raise your head high and look forward. Its ok
