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The Aleph Blog » Blog Archive » Pandora and the Fair Value ...
Almost every moderate-to-large life insurance company has a variety of illiquid privately placed bonds for which there is no market. What is the fair value? ...
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The Aleph Blog » Value Investing
There are close substitutes though: for growth investing there is price momentum, and for value investing there are behavioral finance anomalies. ...
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The Aleph Blog » Blog Archive » The March FOMC Statement
Latest. At Assurant Investor Day · The March FOMC Statement ... Below you will see my summary of the FOMC Statement and how it changed. ...
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The Aleph Blog » Blog Archive » The Venn Diagram Method for ...
At my blog there are two main purposes: teaching investors about better investing ... What are their Greatest Common Factors and Least Common Multiples? ...
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The Aleph Blog » Structured Products and Derivatives
You are currently browsing the archives for the Structured Products and .... Thinking about Citigroup and Bank of America — Given to Finacorp Clients 3/4/09 ...
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The Aleph Blog » Blog Archive » We Have a Debt to Discharge
Arthur, anon — Debt liquidation can’t be avoided. Hoover and FDR prolonged and intensified the pain of the Great Depression. ...
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The Aleph Blog » Blog Archive » My, but the Left Tail is Large
My, but the Left Tail is Large. Credit bets are asymmetric. Leveraged bets more so. ... With corporate debt instruments, it is the corporate credit cycle. ...
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The Aleph Blog » Blog Archive » Opportunities in Bank Bonds, Part 2
Opportunities in Bank Bonds, Part 2. Thinking about Citigroup and Bank of America — Given to Finacorp Clients 3/4/09. When the government gets involved in ...
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The Aleph Blog » Blog Archive » GE Does Not Bring Good Things For ...
holding-company-only.gif. Okay, Price-to-sales indicates that GE could be ... David encourages you to do your own independent "due diligence" on any idea ...
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The Aleph Blog » Blog Archive » Banking on Continued Risk in ...
Banking on Continued Risk in Lending Markets. I like to think that I have a pretty strong stomach for risk. I am used to losses. I have my sell disciplines, ...