Posts Tagged ‘Financial Crises’
WealthTrack’s Great Investors: A Conversation with Andrew Lo
Monday, August 24th, 2009
This week in WealthTrack’s series on Great Investors, Consuelo Mack delves into the world of hedge funds with MIT Professor and hedge fund investor Andrew Lo. A student of investor behavior, Lo explains how human psychology plays a key role in financial crises, including the most recent one.
Lo is one of the up-and-coming stars of the investment world both as a financial thought leader and investor. The late, great financial historian Peter Bernstein, among others, highly recommended him as one of the best minds in the world of finance.
Note: The transcript of this interview is not available yet, but will be posted here as soon as it arrives.
Source: WealthTrack, August 21, 2009.
Tags: August 21, Finance, Financial Crises, Fund Investor, Hedge Fund, Hedge Funds, Historian, Human Psychology, Investment World, Investor Behavior, Investors, Key Role, Mack, Mit, Peter Bernstein, Plays, Thought Leader, Wealthtrack
Posted in Markets | No Comments »
Niall Ferguson: The Ascent of Money
Tuesday, February 3rd, 2009
Just in case you missed the airing of “The Ascent of Money,” on PBS a few weeks ago, here it is in its entirety. This is a profound, well produced, and very well-informed look inside the history of money, the history of credit, banking and markets. Ferguson is the best-selling author of the book of the same title and Harvard professor.
The Ascent of Money, narrated by it’s author Niall Ferguson
One week before a new President who campaigned on a promise to fix the economy takes office, public media provider WNET.ORG is putting the meaning of money into context – where it came from, where it goes, and why it has always been (and always will be) the fulcrum of civilization. THE ASCENT OF MONEY, a two-hour documentary based on the newly-released book The Ascent of Money: A Financial History of the World (Penguin Group USA), will premiere on Tuesday, January 13 at 9 p.m. (ET) on PBS (check local listings). The film is written and presented by the bestselling author, economist, historian, and Harvard professor Niall Ferguson. An expanded, four-hour version of THE ASCENT OF MONEY will air on PBS later in 2009.
In THE ASCENT OF MONEY, Ferguson – whose series War of the World garnered critical attention last summer – traces the evolution of money and demonstrates that financial history is the essential back-story behind all history. “Everyone needs to understand the complex history of money and our relationship to it,” he says. “By learning how societies have continually created and survived financial crises, we can find solid solutions to today’s worldwide economic emergency.” As he traverses historic financial hot spots around the world, Ferguson illuminates fundamental economic concepts and speaks with leading experts in the financial world.
Source: www.PBS.org
Tags: Ascent, Bestselling Author, Critical Attention, Economic Emergency, Evolution Of Money, Financial Crises, Financial History, Fulcrum, Fundamental Economic Concepts, Group Usa, Harvard Professor, History Of Credit, History Of Money, History Of The World, Hot Spots, Media Provider, Money, New President, Niall Ferguson, Solid Solutions, War Of The World, Wnet, World Source
Posted in Credit Markets, Economy, Markets | 1 Comment »
Hugh Hendry: Commodities Stocks to Remain Weak?
Tuesday, December 16th, 2008
Hugh Hendry, the eloquent and outspoken CIO, Eclectica Asset Management, in an appearance on CNBC’s PowerLunch (Dec. 10) shares his thoughts on agriculture commodities stocks such as Potash, and Syngenta.
Among other things, Hendry makes a forthright confession that he was wrong earlier this year to make the call to be long commodities stocks. He continues on to say that when he realized he was wrong, he promptly sold them too. Hendry runs a long-only Agriculture fund, as well as his primary hedge fund, and has been controversial in some of his choices to oppose his funds’ mandates at times in favour of cash or government securities.
His main quid pro quo is his caution that although commodity stocks could revisit highs, we could be waiting as many as 10 years for it. Its a must watch.
In a 7-minute segment earlier the same day, Hendry discussed the idea that as the financial crisis deepens, civil liberties are curtailed by governments eager to put an end to falls in share prices and economies. This is an insightful discussion, a must-watch.
“The government has gone to war, it is an economic war. And in a war the government takes a larger and larger role in the society. That’s fine, you have to accept that,” Hendry said. “What is concerning is the erosion of civil liberties.”
The ban on short-selling financial securities in the UK is one example of erosion of civil liberties, another is a statement made in parliament last week which opens the way to silencing the press during financial crises.
The Treasury Select Committee said that it will look at the role of the media in financial stability and whether financial journalists “should operate under any form of reporting restrictions during banking crises”.
“We’re only a year into this and suddenly, already, our liberties are being brought back, brought in,” Hendry said.
Tags: 10 Years, Agriculture Commodities, Array, Asset Management, Caution, Choices, Civil Liberties, Cnbc, Commodity Stocks, Confession, Economic War, Erosion, Favour, Financial Crises, Financial Crisis, Financial Journalists, Financial Securities, Financial Stability, government securities, Hedge Fund, Hugh Hendry, Mandates, Minute Segment, Potash, Powerlunch, Role Of The Media, Share Prices, Syngenta, Treasury Select Committee
Posted in Commodities, Markets | No Comments »
