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Matthew Bradbard serves as a Director at RCM Alternatives & Attain Portfolio Advisors. Matthew began his career in the commodities business as an advisor to clients on asset allocation and buy/sell decisions. Matthew has devised, implemented and executed trading strategies for several firms since entering the commodity business in 2001. Matthew has also managed his own global macro CTA that traded numerous futures and options strategies and operated his own Introducing Broker for 5 years. A prolific commentator, Matthew has published subject-specific articles, market commentaries, and Managed Futures educational pieces for the last decade. Matthew is frequently interviewed for his opinion on commodities and current events as they relate to commodities and their role in an investor’s portfolios.
Mark Thoma is a member of the Economics Department at the University of Oregon. He joined the UO faculty in 1987 and served as head of the Economics Department for five years. His research examines the effects that changes in monetary policy have on inflation, output, unemployment, interest rates and other macroeconomic variables with a focus on asymmetries in the response of these variables to policy changes, and on changes in the relationship between policy and the economy over time. He has also conducted research in other areas such as the relationship between the political party in power, and macroeconomic outcomes and using macroeconomic tools to predict transportation flows. He received his doctorate from Washington State University. Visit his site: Economist's View (http://economistsview.typepad.com/economistsview/)
Mr. Roche is the founder of Orcam Financial Group, LLC, a low fee financial services firm based in San Diego, CA as well as the founder of the popular financial website Pragmatic Capitalism (some articles from Pragmatic Capitalism get syndicated on Seeking Alpha so please see the full site if you don't want to miss articles by Mr. Roche).
Orcam Financial Group, LLC (www.orcamgroup.com) is a low fee financial services firm offering asset management, personal advisory, consulting and educational services. Pragmatic Capitalism (http://pragcap.com) was founded by Cullen Roche in the midst of the financial crisis of 2008. Mr. Roche foresaw many of the events that led up to the crisis and felt that the government was slow to react and when it did finally react, responded with the wrong medicine.
Mr. Roche's primary areas of expertise include global macro portfolio construction, quantitative risk management, monetary economics and behavioral finance. Prior to establishing his own business, Mr. Roche worked at Merrill Lynch Global Wealth Management where he worked on a team overseeing $500MM+ in assets under management. Upon leaving Merrill Lynch, Mr. Roche managed a private investment partnership for 7 years generating substantial positive alpha (high risk adjusted returns) without a single negative year of returns. He has since transitioned back to retail asset management to better serve the much needed low fee retail space with sophisticated but simple asset management and financial planning services.
Mr. Roche is also a prolific writer. In addition to the daily musings on his website, he is the author of the popular book “Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance” as well as “Understanding the Modern Monetary System”, one of the top 10 all-time most downloaded research papers on the SSRN academic research network. He was named one of the “Top Wall Street Economists, Experts and Opinion Leaders” of 2011 by Wall Street Economists and was named one of the “101 Best Finance People” by Business Insider where he was described as “one of the most influential economic thinkers today.” In 2015 Mr. Roche was named one of the “40 Under 40” most influential people in finance by InvestmentNews. He is regularly cited in the Wall Street Journal, on CNBC and in the Financial Times.
Mr. Roche is a Georgetown University alumnus, growing up in the DC area and now living in Southern California with his wife Erica, troublesome collie Cal and 4 irritable laying hens. In addition to being a financial dork Cullen is an avid outdoorsman, mediocre gardener, proficient complex carbohydrate consumer (i.e., loves brownies and cake) and finisher of one of the most difficult IRONMAN races at Cabo in 2015.
Brett earned his first contrarian investing profits in 2004 when he purchased an obscure investment (at the time): sugar futures. His friends on Wall Street stopped laughing soon enough when sugar rocketed to multi decade highs, illustrating that it indeed pays to be contrary.
Brett quickly learned that the key to maximizing profits while minimizing losses is to invest against the crowd. He has since scoured the universe of stocks, commodities and options, searching for popular and tradable market misconceptions.
Brett has been featured in The Economist, Forbes, The Globe and Mail, Chicago Tribune and Seeking Alpha. He is a graduate of Cornell University, with a degree in operations research and industrial engineering.
In addition to his love of investing, Brett is an experienced technology entrepreneur. He co-founded two successful high-growth software companies, Chrometa, maker of the world’s most advanced timekeeping software, and LeadDyno, an online marketing tool for small businesses.
Dr. Chris Martenson is an independent economist and author of a popular website, ChrisMartenson.com. His Crash Course video series explores the intertwining significance of the “three E’s”—the economy, energy, and environment and offers articulate, dynamic insight into the workings of our monetary system.
Chris earned a PhD in neurotoxicology from Duke University, and an MBA from Cornell University. His background as an educator helps him animate complex material with wisdom and humor. A fellow of the Post Carbon Institute, Chris’s work has appeared on PBS and been cited by the Washington Post. He is a contributor to the Huffington Post and FinancialSense.com.
Chris is an accomplished presenter who has offered the Crash Course seminar all over the United States. The online course has been translated into several languages, and been viewed nearly a million times. His website offers ongoing commentary and rigorously factual analysis into financial and energy-related issues and events as they unfold.
I have been involved in the buy side investment world for the past 15 years. I started out down the path of becoming a quant, but with experience in the business I developed a very healthy skepticism of models and their outputs and I am now what I consider to be an interesting hybrid. Quant skills that allow me to understand and communicate with the most technical investors, yet enough qualitative skills to know that models do fail. I have experience trading fixed income securities (primarily high yield, but also investment grade corporates, treasuries, and soveriegns), stocks (primarily US traded equities), futures (almost exclusively index futures), options, currencies, and a host of other derivatives (structured products in the ABS world primarily as well as significant CDS experience). With that comes portfolio and risk management experience as well. Presently, I run a small multi-strategy hedge fund focused primarily on the US equities market.
Joel Smolen is a seasoned hedge fund manager, venture capitalist and chief executive who has been creating value for clients and investors for over forty years. He is currently CEO of Axion Capital Management, LLC and personally manages the Axion Opportunity Fund, which he founded in 2001. Joel also sits on the Board of Directors for AmpliMed Corporation, a biotech drug discovery company founded in 1989, which has multiple drugs in late phase clinical trials.
Joel was a pioneer in the metallurgy and emerging electronics industry, and consulted and worked with Intel, Apple, IBM, AMD, and National Semiconductor in the 70’s and 80’s. He founded and was CEO of Applied Molecular Technology Corporation, which was sold to Boliden AB, a billion-dollar European metals company. Prior to that, Joel was founder and CEO of MicroMetallics Corporation, which was sold to Xstrata PLC, (XTA.L) an international metals and mining company with over 20,000 employees in 2008. Joel was also Senior Vice President of LMC Corporation, now part of Sims Metal Management (SMS), a worldwide metals company. Joel also created two business parks, and built over a million feet of office space in the San Francisco Bay Area.
In 1999 Joel became a registered investment adviser and began concentrating on individual investor and private equity investments.
Specialties: Investment opportunities in the technology, commodities, metals and energy, sectors, private equity and wealth advisory services
Matt Blackman, CMT is a technical trader, author, reviewer, keynote speaker and regular contributor to a number of trading publications and investment/trading websites in North America and Europe. Blackman is the host of a trading website TradeSystemGuru.com (http://www.TradeSystemGuru.com) and writes a weekly stock market letter. As well as mentions, quotes, and articles published on such websites as Barron’s Online, Reuters, CBS MarketWatch and Trade2Win.com, his articles have appeared in publications including Technical Analysis of Stocks & Commodities magazine, SFO (Stocks, Futures & Options) Magazine, Trader Monthly Working Money, Physicians Money Digest, Laffer Economics, The Wellington Letter, Traders.com Advantage, Traders Mag (Europe), Active Trader and Investopedia.com. He has also written articles on a wide variety of international finance and e-commerce business-related topics for such publications as E-Commerce Quarterly, Offshore Finance USA, Offshore Finance Canada, Offshore Outlook, Shore-to-Shore, and Shoreliner magazine, the official membership publication for the Offshore Institute. In a September 2004 article for Offshore Investment Magazine, he was referred to as “one of Western Canada’s leading international financial analysts” by Walter H. Diamond, economist and author of more than 80 texts on international taxation and trade. Blackman is a member of the Market Technicians Association (MTA) and the Technical Securities Analysts Association (TSAA). He earned the Chartered Market Designation (CMT) and a B.Sc. (Honors) degree from Simon Fraser University. He can be reached via email (mailto:email@example.com).
Fred Wilson began his career in venture capital in 1987. He has focused exclusively on information technology investments for the past 17 years. From 1987 to 1996, Fred was first an Associate and then a General Partner at Euclid Partners, a New York based, early stage, venture capital firm founded in 1970. In 1996, Fred co-founded Flatiron Partners. He is currently the Managing Partner of Union Square Ventures (http://www.unionsquareventures.com/). Fred has a Bachelors degree in Mechanical Engineering from MIT and an MBA from The Wharton School of Business at the University of Pennsylvania. Fred is married with three kids and lives in New York City.
Visit Fred's blog: A VC (http://avc.blogs.com/a_vc/)
Barry Ritholtz is Chief Market Strategist for Ritholtz Research, an independent institutional research firm specializing in the analysis of macroeconomic trends and the capital markets. He is also President of Ritholtz Capital Partners, a New York hedge fund driven by the analysis performed by Ritholtz Research.
Mr. Ritholtz is a frequent contributor to many leading financial publications and writes The Big Picture, an insightful, popular and vibrant weblog.
Visit his blog: The Big Picture (http://bigpicture.typepad.com/)
Gary Dorsch (http://seekingalpha.com/by/author/gary-dorsch/) originally worked for Charles Schwab, and his analysis of the markets have been read for years by hedge fund managers and other professional investors. He now writes Global Money Trends (http://sirchartsalot.com/newsletters.php), a respected investment newsletter covering global asset markets. We think Gary is exceptional: he's one of the few writers who covers global markets with insight and brevity, and shows US-based investors how to invest in them. You'll find his work on ETF Investor and the international blogs.
Andy Harless is an economist specializing in macroeconomics, with particular interests in labor and finance. Since finishing his doctorate at Harvard University in 1994, he has been involved in a number of projects related to economics, including writing econometric software, developing quantitative methods to forecast US Treasury yields, and co-authoring The Indebted Society with James Medoff. He also has experience trading several types of financial futures. His occasional writing has appeared in various publications such as Barron’s and Grant’s Interest Rate Observer. Currently he is Chief Economist at Atlantic Asset Management (http://www.atlanticasset.com/). Opinions expressed in his articles (as well as any errors or omissions) are entirely his own and do not necessarily reflect those of Atlantic Asset Management or its officers.
Visit his blog: Employment, Interest and Money (http://blog.andyharless.com)
Malay Bansal is a capital markets professional with over 16 years of wide capital markets, commercial real estate, and structured finance experience. He is a Managing Director at a New York based advisory firm working on structured finance, commercial real estate , clean energy, infrastructure, and project finance. Previously, he worked at a large wall street firm for 15 years, in various roles - portfolio manager, head of advisory, trader, product head, banker, deal-manager, head of structuring & pricing. For the last ten years, the commercial real estate sector has been a major focus for him. He has been involved in all aspects of the sector including performing & non-performing loans, properties, CMBS, CRE CDOs, subordinate debt, REITs, financing lines, and securitization. Other trading desks he has worked on include treasury, mortgage, & currency options, CMOs, emerging markets structured products, non-dollar swaps, and exotic options.
Malay’s education includes an MBA, MS in Economics, and BS in Electronics Engineering.
Note: The opinions and ideas expressed in these writings are solely mine, and not of any of my present or past employers or clients.
Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets who has worked in New York and London for HSBC, Soros Funds, ABN Amro, Dresdner Bank, and J.P. Morgan Chase. He is also a New York Institute of Finance faculty member and a graduate of Columbia University.
He is the author of When Giants Fall: An Economic Roadmap for the End of the American Era (http://www.economicroadmap.com/), Financial Armageddon: Protecting Your Future from Four Impending Catastrophes (http://www.financialarmageddon.com/) and The New Laws of the Stock Market Jungle: An Insider's Guide to Successful Investing in a Changing World (http://tinyurl.com/l3zyp8). Panzner has appeared on or been quoted by CNBC, Bloomberg, The Wall Street Journal, USA Today, Barron's and other print, radio, and television outlets.
Visit his sites: Financial Armageddon (http://www.financialarmageddon.com/) and When Giants Fall (http://www.economicroadmap.com/)
Dr Pirrong is Professor of Finance, and Energy Markets Director for the Global Energy Management Institute at the Bauer College of Business of the University of Houston. He was previously Watson Family Professor of Commodity and Financial Risk Management at Oklahoma State University, and a faculty member at the University of Michigan, the University of Chicago, and Washington University. Professor Pirrong's research focuses on the organization of financial exchanges, derivatives clearing, competition between exchanges, commodity markets, derivatives market manipulation, the relation between market fundamentals and commodity price dynamics, and the implications of this relation for the pricing of commodity derivatives. He has published 30 articles in professional publications, is the author of three books, and has consulted widely, primarily on commodity and market manipulation-related issues. He holds a Ph.D. in business economics from the University of Chicago.
Edward Harrison is the founder of the blog Credit Writedowns (www.creditwritedowns.com) and is a finance specialist at Global Macro Advisors. Previously, Edward was a strategy and finance executive at Deutsche Bank, Bain, and Yahoo. He started his career as a diplomat and speaks German, Dutch, Swedish, Spanish and French. Edward holds an MBA from Columbia University and a BA in Economics from Dartmouth College. Follow him on Twitter at twitter.com/edwardnh. Contact him at edh at creditwritedowns dot com as that's the only mailbox he reads regularly.
Gregor Macdonald is an oil analyst and energy sector investor, who also focuses on the coming transition to alternatives. He has spent this decade researching and investing in the energy sector. While his focus remains on global fossil fuel supply, he has developed several models for transition to The Grid, as the world migrates from autos, to public transport. Solar, Wind, Nuclear and other sources of new supply to The Grid will also be a focus of his writing.
Don’t need to know who I am. My identity will remain anonymous. I am well educated in Economics and Finance, and I have extensive global work experience in Asia, Europe, and North America. My overall purpose for this blog is to cut through the BS, and provide an independent, unbiased, and objective viewpoint. This does mean that I am willing to “throw a punch, rather than holding back,” especially against flawed established norms.
Kurt Brouwer is the chairman and co-founder of Brouwer & Janachowski, LLC, a Tiburon, California fee only financial advisory firm that manages over $700 million for corporations, charitable groups and private investors. In this position, he has become a recognized expert in the field of investing and, more specifically, investing in mutual funds. USA Today called him, “…one of the most-respected mutual fund authorities in the nation.” Brouwer is the author or co-author of three investment books, including Kurt Brouwer's Guide to Mutual Funds and Mutual Fund Mastery, written with Steve Janachowski. He has written articles for Forbes, Barron’s, The San Francisco Chronicle, Pension World and other publications. He is also the editor of Fundmasteryblog (http://blogs.marketwatch.com/fundmastery). Brouwer & Janachowski’s web site is: www.fundmastery.com. Brouwer holds a degree in applied economics from The University of San Francisco.
David P. Goldman was global head of debt research for Banc of America Securities and earlier global head of credit strategy at Credit Suisse. He was until July 2008 the strategist for a credit hedge fund, Asteri Capital, one of the few credit funds to show a profit between July 2007 and July 2008. He is now Associate Editor of First Things (www.firstthings.com) and a columnist (under the byline "Spengler") for Asia Times Online.
Erwan Mahe is an asset allocation and options strategies adviser for the largest European Asset Management firms.
Publishing macro-economic research, he has been managing leading European financial brokers since 1987, and sold his company, Paresco Futures, to the OTCexgroup in 2005.
He is now there in charge of large institutional investors.
Marc Chandler has been covering the global capital markets in one fashion or another for 25 years, working at economic consulting firms and global investment banks. A prolific writer and speaker he appears regularly on CNBC and has spoken for the Foreign Policy Association. In addition to being quoted in the financial press daily, Chandler has been published in the Financial Times, Foreign Affairs, and the Washington Post. In 2009 Chandler was named a Business Visionary by Forbes.
Marc's commentary can be found at his blog (www.marctomarket.com) and twitter www.twitter.com/marcmakingsense
Rolfe Winkler is a columnist and blogger for Reuters. His website is http://blogs.reuters.com/rolfe-winkler. Prior to Reuters he blogged for the Implode-o-Meter at OptionARMageddon.com and his content was syndicated on RGE Monitor and Naked Capitalism.