I guess transparency is just another word for nothing left to lose. Supporters of the Obama campaign and Obama himself continue to try and jolt the liberal base by igniting class-warfare. There are two unfortunate things about his tactic. It's inaccurate, and it seems to be working. ... Read more
FINTAG COMMENT Begging bowl. So the UK's debt is a few billion off the budgeted forecast. Like the USA, the UK has its largest ever debt since the Second World War when there was a good reason for a large amount of debt - War. This time around, the reason for the debt is ...Investment Banking. ... Read more
FINTAG COMMENT Back to ordering the last wine on the list. Why the media is so surprised at the latest stellar profits from the Investment Banks is rather bizarre. Any company that can offload its bad debts and get a decent fair value as well as pushing its hard to price illiquid assets into off ... Read more
FINTAG COMMENT Efficient frontiers. Following a Guinness day hangover on Thursday, and some decent fasting over the weekend, I am back to working, if that is what you call hassling headhunters. My quants have let me down and the 21st September has come and gone and the top of the elusive W ... Read more
FINTAG COMMENT Dear Investor Apologies for the delay in producing this newsletter, but I fell asleep in my deck chair over looking the beautiful blue sea of the Mediterranean. Last year we returned for you over 18% which was an exceptional achievement given the equity markets were tanking like ... Read more
FINTAG COMMENT Opinions. Trading the markets involves no emotion. It requires looking at all risks and finding ways to hedge them or more importantly making money from them. Having political views is fine but these must not cloud one's judgment so when we see Obama trying to fix something that is s ... Read more
FINTAG COMMENT Conferences. This time 2 years ago, the conference sector was booming. The likes of Marcus Evans and Terrapin enjoyed the fruits of over charging the "people who like people" to visit out of town hotels with stained carpets and vile tasting mints listening to supposed exper ... Read more
FINTAG COMMENT Sorry about the delay but stuck in airport. I have no idea where I am flying too, why I am going there and who I am. But not to worry for I will just follow the rest of the customers and clamber on board and go with the flow. I have been told every 5 minutes not to smoke, to carry ph ... Read more
FINTAG COMMENT Lunch. After yesterday's oof news, the current crop of press release driven media content is enough to send me back to the Cipriani for a second lunch. Or is that breakfast? Is it the Jet lag or am I losing the plot and should just throw in the towel and go fishing? There was fun ... Read more
Sitting in an unknown airport, preparing to travel to an unknown destination, FinTag laments on all the economic current events articles that make him just want to sit up and go "oof". The U.S. budget deficit, porn's budget deficit, joblessness claims, new regulations, and so much more. ... Read more