279 reputation
19
bio website
location New York, New York
age 57
visits member for 2 years, 5 months
seen 12 hours ago

I am a former Latin American equities portfolio manager. In the year 2000, my duties were expanded to include most of the Southern Hemisphere, including South Africa, and Australia/New Zealand.

I am also the published author of "A Modern Approach to Graham and Dodd Investing" (Wiley, 2004). The backdrop of the book was how the industrial and agricultural "overfarming" of America in the 1920s, that brought about the stock market crash of 1929 in the first instance, and the "Dust Bowl" of the 1930s in the second. The book also warned of a modern version of the same thing, caused by the "disruptive" technologies of around "Y2K." The "modern 1929" crash occurred in 2008-2009, seventy-nine years after the original.


Sep
5
answered How to calculate burnrate?
Aug
18
comment Why would a 9% dividend payment halve the stock price?
It's probably the other way around. The stock was yielding 4.5% before, say a $4.50 dividend on a $100 stock price. Some piece of bad news (probably calling in question the safety of earnings and/or the dividend cut the price of the stock in half, so it is now yielding 9$, e.g. $4.50/$50.
Aug
7
revised Difference between a warrant and an option?
specified parties
Aug
7
suggested suggested edit on Difference between a warrant and an option?
Jul
30
comment Why is the equity premium not arbitraged away?
@BobJansen: Thank you That was out of my 2004 book "A Modern Approach to Graham and Dodd Investing" (Chapter 14). Except for the 2010-present part, which came after 2004.
Jul
30
comment Why is the equity premium not arbitraged away?
@BobJansen: Good salvage.
Jul
30
answered Why is the equity premium not arbitraged away?
Jul
24
answered What happens when bond price is less than the recovery rate
Jul
15
answered Why does the minimum variance portfolio provide good returns?
Jun
27
awarded  Citizen Patrol
Jun
26
answered economic facts that causes the financial time series to be heavy tailed
Jun
23
awarded  Yearling
Jun
22
answered Do quants need to know Accounting?
Jun
22
answered Why can sometimes stock prices rise when interest rates rise?
Jun
21
awarded  Student
Jun
19
comment Microstructure effects for a market maker?
I have recast the question as one of pricing, portfolio valuation and "compliance" generally, as opposed to trading strategies, and wonder if it can be reopened in its current form.
Jun
19
revised Microstructure effects for a market maker?
Gave the question applicability beyond "trading strategies/"
Jun
19
suggested suggested edit on Microstructure effects for a market maker?
Jun
19
answered How to work out weights for a portfolio based on an inverse ratio with positive and negative values?
Jun
17
asked How do derivatives affect capital structures?