15 August 2017

Bitcoin hype - stop calling it a 'Currency'

Temple Associates: Bitcoin hype - stop calling it a 'Currency'

9 August 2017

Russia Launches $100 Million Bitcoin-Mining Operation

I may be too old, or just plain stupid, but can ANYONE really make a rational case for Bitcoin, or is it just the chain letter re-invented for the Internet Age and the 'Social' media crowd hosted by quasi-monopolistic neo-feudal lords?
Russia Launches $100 Million Bitcoin-Mining Operation

7 August 2017

Meaningless League Tables and Awards

When selecting a provider of asset management or private bank you should disregard League Tables or Awards. They are meaningless as they disregard the most important factor - past performance and the risk data that is a critical part of it. Naturally security of assets should be another factor that is essential when making your choice. Choose a neutral adviser who has no financial interest in your decision to assist you.
https://www.cnbc.com/2017/08/07/deutsche-bank-slips-down-rankings-of-worlds-top-private-banks.html

6 August 2017

'Private' Equity Performance data - how reliable?

Apart from the fact that the promoters control when and what is happening with the portfolio there is the overriding question of comparing apples (listed equity indices, based on actual real-time transactions) and oranges (prices determined in an opaque fashion, high leverage key to investment rationale).
So triumphant messages such as this one can only be considered public relations unless the data is made public (not just sold to subscribers) and the methods properly disclosed. After all, the real end investor has a right to be fully informed about what his fiduciaries are up to with his hard-earned savings!
http://www.cityam.com/269664/private-equity-investors-nab-their-highest-quarterly