In part 1 we talked about how the US basically invented private equity. Now the question is: can everyone else just copy the homework? Demaria’s answer is basically “it’s complicated.” Europe tried to adapt the American model. Emerging markets are still figuring things out. And the results are… mixed.
Book: Trading Fixed Income and FX in Emerging Markets Authors: Dirk Willer, Ram Bala Chandran, Kenneth Lam Publisher: Wiley (2020) ISBN: 978-1-119-59905-0
Book: Systematic Fixed Income: An Investor’s Guide Author: Scott A. Richardson, Ph.D. ISBN: 9781119900139 Publisher: John Wiley & Sons, 2022
Chapter 4 of The Swiss Secret to Optimal Health is where Dr. Rau lays out his entire dietary philosophy. And he does it with one of the best analogies I’ve come across in a health book.
In the second half of Chapter 3, Larry Harris dives into the different types of markets and the rules that keep them from turning into the Wild West.
I just finished reading “Hedge Fund Analysis: An In-Depth Guide to Evaluating Return Potential and Assessing Risks” by Frank J. Travers, and I want to break it down for you in a series of blog posts.
This is post 5 of 23 in a series on Systems Thinking: Managing Chaos and Complexity by Jamshid Gharajedaghi (ISBN: 978-0-7506-7973-2).
This is Part 2 of our coverage of Chapter 3 in Trading and Exchanges. Part 1 covered the players, trade facilitators, and instruments. Now we get into where trading actually happens and who makes the rules.
Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5
Every January since 1986, Peter Lynch sat on a panel of investment experts at the Barron’s Roundtable. They’d meet for eight hours in the Dow Jones offices in Manhattan, under spotlights and hanging microphones. Very serious stuff.
Book: Atlas Shrugged by Ayn Rand (35th Anniversary Edition, ISBN: 9781101137192)
This chapter is where things start to get real. Rand stops setting the stage and starts pulling the rug out. People disappear. Alliances form. And the world gets a little worse in a way nobody can quite explain.