My recent post for @LearnSignal on the OECD report on the role of banks-intermediated credit in economic growth: http://blog.learnsignal.com/economics/oecd-credit-is-bad-for-your-economy.
Showing posts with label blog.LearnSignal.com. Show all posts
Showing posts with label blog.LearnSignal.com. Show all posts
Sunday, August 2, 2015
2/8/15: Credit and Growth: A Marriage Not Made in Haven
My recent post for @LearnSignal on the OECD report on the role of banks-intermediated credit in economic growth: http://blog.learnsignal.com/economics/oecd-credit-is-bad-for-your-economy.
Saturday, May 30, 2015
30/5/15: The New Financial Regulation: Part 10: Legal v Operational Logistics
My post for @learnsignal blog on EU financial regulation covering operational logistics is now available: http://blog.learnsignal.com/?p=188.
Friday, May 15, 2015
15/5/15: New Financial Regulation: Part 8: An Overconfidence Bias Awaits
My latest blog post on European Union innovations in financial regulation, continuing coverage of the European Banking Union is now available here: http://blog.learnsignal.com/?p=181
Friday, May 8, 2015
8/5/15: Three Strikes of the New Financial Regulation – Part 7: Fundamentals Matter
My latest blog post on European Union innovations in financial regulation, continuing coverage of the European Banking Union is now available here: http://blog.learnsignal.com/?p=178
Thursday, May 7, 2015
7/5/15: Hedgies v Buffett Debate: It's Superficial on Both Ends
A heated, if perhaps somewhat esoteric debate has been launched by Dan Loeb of the Third Point hedge fund and Warren Buffett. The debate as to whether or not hedge funds are capable of outperforming the market and whether or not Warren Buffett is a hypocrite.
You can read on this here: http://www.zerohedge.com/news/2015-05-07/dan-loeb-slams-buffett-being-habitual-hypocrite
But what you won't read in the post above is that the debate is superficial at best. The problem is:
- Warren Buffett's investment style… setting aside his claims about it being Grahamian (aka fundamentals-driven)… is very much hedge fund-like. To see this read my post about what defines Buffett's exceptional returns here: http://trueeconomics.blogspot.ie/2014/10/28102014-buffetts-magic-cheap-leverage.html. Like a hedgie, he takes leverage. Like a hedgie (in very broad sense) he takes activist positions, often outside or beyond the secondary markets and in alternative asset classes, such as PE as well as across undefined time horizons; and like a hedgie, he has 'black box' management style; but unlike a hedgie, he has access to cheap, very cheap funding that is insensitive to time horizon of investments he takes. Finally, like a hedgie of the old, he manages risk well.
- And the concept of a hedge fund return is, shall we say… too complex to be useful for Buffett's bet/comparative. To see this, follow the thread of links from this, back, across four posts on the topic: http://trueeconomics.blogspot.ie/2015/03/hedge-funds-returns-part-4-to-higher.html
Friday, May 1, 2015
1/5/15: Three Strikes of the New Financial Regulation – Part 6: Banking Dis-Union
My latest post on the ongoing developments in financial regulation in the EU is now available on Learn Signal blog: http://blog.learnsignal.com/?p=177. This week, I am continuing coverage of the European Banking Union system.
Wednesday, April 22, 2015
22/4/15: Three Strikes of the New Financial Regulation – Part 5: European Banking Union
My latest post on Financial Regulations innovations courtesy of the European Union is now available on
Wednesday, April 8, 2015
8/4/15: Three Strikes of the New Financial Regulation: Part 3 – The Capital Markets Union
My new blogpost for @LearnSignal blog covering the Capital Markets Union regulations is now available on line: http://blog.learnsignal.com/?p=172
Tuesday, March 31, 2015
31/3/15: Three Strikes of the New Financial Regulation: Part 2: Dubious Economics of FTT
My new post on the mess that is Europe's Financial Transactions Tax is available on LearnSignal blog: http://blog.learnsignal.com/?p=169
Thursday, March 26, 2015
26/3/15: The New Financial Regulation – Part 1: The Financial Transactions Tax
My latest post for LearnSignal blog opens a new series - covering the major financial services regulatory headaches in the works. This week: it is Financial Transactions Tax turn: http://blog.learnsignal.com/?p=166
Thursday, March 19, 2015
Hedge Funds Returns: Part 4: To higher moments and beyond
My latest post for LearnSignal Blog on the topic of measuring hedge funds' returns: http://blog.learnsignal.com/?p=165
Tuesday, March 10, 2015
10/3/15: Hedge Funds Returns: Part 3: Dealing with Funds and Benchmarks Selection
My latest post on measuring returns in the hedge funds industry is now available on LearnSignal blog: http://blog.learnsignal.com/?p=163
Sunday, March 8, 2015
8/3/15: FinTech Entrepreneurs Reshaping Finance: Euromoney
An interesting article on FinTech developments as drivers for change in the financial services: http://www.euromoney.com/Article/3433436/Technology-The-fintech-entrepreneurs-reshaping-finance.html?LS=Twitter&single=true via Euromoney.com.
In recent months, I wrote about FinTech sector extensively for the LearnSignal blog here: http://trueeconomics.blogspot.ie/2014/11/25112014-fin-tech-unraveling-retail.html as well as digital disruption in retail banking sector: http://trueeconomics.blogspot.ie/2015/02/18215-digital-disruption-and.html plus fintech innovation on trading side: http://trueeconomics.blogspot.ie/2014/11/3112014-tech-innovation-in-finance.html
And here is a link to BBC coverage of the Irish FinTech scene: http://trueeconomics.blogspot.ie/2014/09/2692014-bbc-covering-irish-fintech.html
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