Business
Steve Eismans Short of Canadian Banks due to Real Estate Crash
Research Links Royal Bank of Canada (RY) Laurentian Bank of Canada (LRCDF) Canadian Imperial Bank of Commerce (CM) The Big Short's Steve Eisman: Canada's bank CEOs 'extremely ill-prepared' for credit cycle. He is shorting the stocks.
Business
Rosseau Asset Management – Resource and Mining Investment
In this episode of Resource Insider Podcast, I speak to Warren Irwin, the President and Chief Investment Officer of Rosseau Asset Management, a money management firm based in Toronto, Canada. For the last 20 years, Rosseau has been outperforming the sector and was ranked the top performing hedge fund in Read more…
Business
Reason Why Lehman Brothers and Bear Stearns Were Singled Out for Destruction During the 2008 GFC Great Fcuking Crisis
Summary of Video Thesis During the 1998 Long Term Capital Management crisis the bailout was kept quiet but Lehman Brothers and Bear Stearns griped about being involved. Thus when the 2008 crisis hit they were purposely sacrificed to recapitalize JP Morgan Chase bank. Research Links Local Video BackUp:Gold-USD-and-Euro-Rob-Kirby-Bear-Stearns-Lehman.mp4 Transcript none of Read more…
Business
Book: Business Adventures by John Brooks
Warren Buffet's favorite business book. He is everyone's favorite crony capitalist. But I'll read it anyway. Research Links Archive.org: Business Adventures by John Brooks Local Copy: Business Adventures by John Brooks
Business
Mining Discovery Investing
Interview with Willem Middelkoop is the founder and fund manager of the Commodity Discovery Fund in Amsterdam, Netherlands. Topic summary: How a photo journalist becomes a mining fund manager. The tell-tale signs of a great discovery, and how information leaks can help honest investors. How the process of writing books helps Read more…
Banking
USA Yield Curve Flattening
Banks take deposits which are by nature assumed to be short term and lend longer term at higher rates. If the yield curve inverts there is no profit in this model and thus the banks stop lending. Credit thus seizes up and a recession ensues.
Arbitrage
How Commercial Traders Exploit Cash Commodities – 2019
A groundbreaking documentary investigating those behind the high stakes global commodity markets: commodity traders, from the Chicago Board of Trade to Brazilian sugarcane fields, Geneva’s headquarters and Kazakhstan pipelines. Research Links Twitter: Tres Knippa @CMETrader
Arbitrage
Reminiscences of a Stock Operator – Jesse Livermore
PDF: Reminiscences of a Stock Operator
Accounting
Understanding Double Entry Book Keeping for Engineers and Coders
Explanations of double entry book keeping by accountants lack the magic approach a good engineer uses. This explanation is by an engineer for an engineer. Research Links Wikipedia: Double-entry bookkeeping system Wikipedia: GnuCash Wikipedia: Summa de arithmetica – Luca Pacioli, a Franciscan friar and collaborator of Leonardo da Vinci, first codified the system in Read more…