Former mortgage company owner who used to write about the nuances of a rigged system, until I left that world to do something productive. I'm now part of a team that has built a total IT solution that obsolesces the need to ever buy hardware, software, or IT services again. Regarding a fractional reserve banking system, the Rothschild brothers once said "The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." I am that rare individual they didn't account for. I tutor graduate level economics, have read the original works of Smith, Marx, and Keynes for fun, and probably understand more about economics than is healthy for any person to. But most of what I have learned has not been from a textbook or a classroom. Most of what I have learned has come from trying to eek out a living as a small business owner, starting from scratch, in a heavily anti-competitive, almost mercantilist industry that is overtly hostile to the new or little guy. The following are my 10 principles of economics: The Path to Prosperity Many of the policy decisions that impact our lives are made based on mistruths about and misunderstanding of what it takes to create prosperity. I’ve compiled a list of the truth antidotes to some of the most notorious of these. Some of my principles can be found in textbooks. Some cannot. Some directly conflict with what is in most textbooks. Nevertheless they are all based on sound theory, on historical evidence, on common sense, and on independent critical thinking to answer the key question: “How do we create the most prosperity for the most people?” 1. Falling prices are natural; falling prices are good. Fighting this steals from the working class and gives to the investor class. 2. Your contribution to society is what you produce, not what you consume. Paris Hilton is not the model citizen for creating prosperity. 3. Paying a man not to work does not create wealth; it only transfers it. 4. Business regulations help big business and big government at the expense of small business, consumers, and workers. 5. A tax cut on another man helps you when compared to no tax cuts for anyone. But when compared to a tax cut for yourself, the choice is clear which is better for you. 6. Tomorrow’s prosperity comes from today’s savings, regardless of who is doing the saving. 7. Central planner policies that help sellers and producers do so by hurting buyers and consumers. 8. Public money should not be spent on private consumption. 9. To privatize profits but socialize losses is to steal. 10. There is no shortage of jobs. There is only a shortage of money to pay for those jobs. To cure this shortage we need to stop wasting money on jobs that do little to no good for us, and we need to allow more people to do what the bottom-up power of the free markets want as opposed to what the top-down power decree of government wants. For every young man fighting an unnecessary war, there is one less man who can teach 3rd grade and coach little league. For every MVA worker, there is one less worker available to pickup trash or plug potholes. For every genius who goes into accounting to demystify our tax code, there is one less genius to go to engineering school. We will never hit our goals if we keep aiming at the wrong targets.
I am presently a PhD Candidate in marketing at the Schulich School of Business in Toronto, Canada (is.gd/weO3eP). I've been investing since 2005 and am an avid reader of (and occasional commenter on) Seeking Alpha. I think Seeking Alpha and its contributors offer great ideas on and insights into both how and where to invest.
From a research perspective, I am Interested in how investors - on forums such as Seeking Alpha - work together to make sense of and understand (and give sense about) the uncertain and ambiguous movements and signals of the market.
If you would be willing to help out with this research, I would be appreciative of your assistance. I'm interested in interviewing contributors (authors and commenters, such as yourself) to the site about how and why they use, contribute to and benefit from Seeking Alpha (e.g. What role does SA play in your investing? What contributions do you benefit from the most? What goes into making a contribution on the site?). Any interview would occur at your convenience (over Skype or phone) and would last approximately 60-90 minutes. Your responses will be instrumental in the development of research that will be targeted towards a top-tier academic journal (and will help me out with my dissertation!). In order to maintain anonymity, unless you specifically indicate otherwise, any direct quotes reported from your interview will be attributed to a pseudonym.
If you're interested in assisting with this research (or just finding out more about it), please send me a note here or at email@example.com. Thank you for your consideration!
I have over 20 years experience in finance, accounting and auditing, consulting, teaching, and research. My primary area of expertise is in financial modeling and econometric analysis. I've been engaged in such matters by firms in the manufacturing, wholesale and distribution, technology and e-commerce, healthcare/pharmaceutical, real estate, and financial services industries, as well as by financial institution regulatory agencies. My financial models and econometric analyses have been used in a wide variety of contexts including:
● Development of private debt and equity placement memoranda
● Merger and acquisition analysis and structuring
● Asset valuation and price negotiation in debt and equity placements
● Investment portfolio design and management
● Strategic planning, product pricing, and supply chain strategy
● Management control systems and performance measurement
● Commercial damages litigation consulting
I've taught at Michigan State University, University of Illinois at Chicago, Purdue University, Indiana University, and most recently at Steinbeis University's Stuttgart Institute of Management including a wide range of courses including financial accounting and analysis, managerial accounting and decision-making, auditing and corporate governance, asset pricing theory and business valuation.
I was graduated from Indiana University with a B.S. in Business (Accounting concentration), and from Michigan State University with a Ph.D. in Business Administration (Accounting and Econometrics concentrations). I was licensed as a Certified Public Accountant in Indiana (USA).
Strategic business market plans for the thoroughly experienced. Organize property development for developers. Analysis and evaluation that begins at the beginning. Can find a business in just about anything.
Pessimistically optimistic. Free enterprise will work. Government can't help us. Lead ourselves and get back into the community.
Economics univ. grad. Some Graduate stuff. Semi-retired, working full time. Golf pro during university days [odds making, psychology] and after. Business owner after school, never had a job. Cyclical asset class investor. Asset classes seem to run in, say, 20 year cycles - 4-5 year run up then 15-20 years playing stand still/catch up football. Self serving corruption of executive man sets in It takes generational time to get it out.
I don't have the ability to profitably trade in a zero sum environment. Some do. I left the stock market in '98 with a couple of brief buy backs on the exreme lows.
Areas of interest include financial regulation, monetary policy, debt, corruption, and taxes. I lean libertarian on most issues, political and financial. I briefly worked as a Financial Advisor (series 6 and 7), and handle my own investments. Check out www.bearishnews.com for more.