The sugar-induced high from the European Central Bank’s injection of more than $1.3 trillion in three-year money into Europe’s flailing banks has begun to subside. The Euro sovereign debt crisis, unfo...
In the third and final part of a series on Bermuda‘s public debt situation, Nathan Kowalski looks at the factors that can lead to a debt crisis.
“How did you go bankrupt?”
“Two ways. Gradually, then...
In the second of a three-part series focusing on Bermuda’s public debt situation, Nathan Kowlaski looks at the the different scenarios that could unfold in the coming years.
In assessing potential ou...
“Annual income twenty pounds, annual expenditure nineteen pounds nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.”
Wilki...
IF you don’t believe in the efficient market hypothesis (the assumption that the market is essentially always correctly priced with all information factored in) you may be able to uncover some anomali...
As readers of this column know, I am a big fan of Warren Buffet and, more specifically, his writings in his annual report for Berkshire Hathaway.
I’ve read through the latest letter and it is full of...
FINANCIAL RAMBLINGS FROM THE ROCK by Nathan Kowlaski
For many cautious investors the latest rally has been painful. The often quoted reams of negative “potential” scenarios have not materialised and b...
On Thursday night I attended the CFA Society of Bermuda's forecast dinner during which Tony Boeckh gave the keynote address. What follows are a couple of key points I picked up from the address and fr...
“Never in the history of Finance was so much charged by so many for so little.” Simon Lack in The Hedge Fund Mirage: Illusion of Big Money and Why it’s Too Good to Be True
We often hear that hedge fu...
“The big money is not in the buying or the selling, but in the sitting.” Jesse Livermore, legendary Wall Street trader.
Last year marked one of the most volatile periods in the history of the stock m...
