Year: 2013

9 Reasons We Passed on This Deal

Ideas…like grains of sand on the beach. I’ve mentioned this before in my post “8 Reasons Not to Sign an NDA” and it bears repeating. Unless you have a proprietary product involving intellectual property, a scientific process or something which is entirely unique and therefore valuable, you are immediately devaluing

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Life Through the Lens of a Central Banker

I am a central banker. Let me tell you my story. I look presentable, nice suits, am well spoken, I have impeccable credentials. I wear a vacuous stare, though I like to think of it as a stern expression. My most honest feature, other than low wattage IQ, is that

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The Error of My Ways

“Now, this debt ceiling — I just want to remind people in case you haven’t been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got

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THIS is where our Monetary System is Headed

I’ve never been trapped in a fire before and trust me, I have had plenty of opportunity. Yes, I was THAT kid, the one who played with fire. The trick was, and still is to steer clear of the flames, to anticipate what and where. Fire is however notorious for

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Trading with One of the Best

Fundamentals matter. Every piece of history I’ve read indicates this to be the case. When investing, which is to say placing capital with a long-term view of a particular outcome, fundamental analysis works. Trading the markets however can often involve an entirely different approach and yet be profitable at the

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China’s Reaction to the US Government Shutdown – Gimme Some!

The best investors I know place their bets according to probabilities. It’s been over a decade since I moved my life and my capital to the far east. The fundamentals were too important to ignore, and ultimately the fundamentals lead to probabilities.  The US government had a plan to counter

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Taper or not, The Aussie is Overvalued – How to play it

We’ve always been fond of identifying and positioning for macro trends. Getting on board a bull market and riding that sucker for the majority of the move is more than common sense, it’s profitable and as a capitalist it’s our honour-bound duty to participate. One currency that we’ve spoken about

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THIS Will Destroy Shareholder Value

Drinks at the Corney and Barrow matey? I winced,  feeling my wallet lighter already. You coming? Urgh, 5 quid for a pint, can’t we go someplace else? I don’t make nearly as much as you overpaid traders. Don’t worry about it, it’s sorted, the boss is coming so it’s on

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