✒ This brings back the memories of using an academic approach to value different classes of preference shares, taking into account the liquidation preference of each class. Those were the days.
Finance & Economics
How to Make Negative Interest Rates Work
✒ Central banks are getting ready to make negative interest rate a reality.
Auditors’ Reports Get a Makeover
✒ Adding information on “critical audit matters” to describe the complex issues about an audit that keep the auditors up at night.
Audit firms scrap ‘clients’ to work with ‘entities’
✒ Does that bring about any behavioural change?
FDR Weighs In on the Buyback Debate
✒ Complex problems seldom have simple solutions, as even FDR discovered.
Patisserie Valerie auditor was ‘not looking for fraud’
✒ What are audits for?
Saudi Arabia slashes exposure to Tesla via hedging deal
✒ A collar deal that involve buying a put and selling a call, effectively contains PIF’s gain / loss on Tesla’s share price in a defined range. Whatever the reason was, this hedging arrangement came at a good timing, just shortly before the company announced a 7% cut of it workforce which sent the stock … Read More
Finding Value in a Sea of Debt
✒ “If you normalize interest rates they’re stuffed.” “If you have a recession they’re stuffed.”
Burgernomics – The Big Mac index
✒ Back to basic.
Make The Most of Your Failed Bitcoin Gamble
✒ The title caught my attention, but it is actually about smarter tax planning.