Reaz Islam the former head of Citigroup municipal hedge funds defended his track record breaking four years of silence since he left Citigroup in August of 2008. Islam had a highly rewarding experience at Citigroup for 18 years and last 12 years he was responsible for building the largest investment management business called Citi Fixed […]
Perceptions vs. Reality, by Phin Upham
What is really out there? Why do we think that we think? Phin Upham explores some of the classic works on the topic. Ross and Nisbett argue that our perceptions of ourselves and our casual attributions for our actions are not in fact complete or correct: we are not born tabla rasa, we do not […]
A Contrarian Investment You Won’t Like
I don’t know. It’s not very often (if ever) you see a financial publication that begins with "I don’t know." The fact of the matter is, my head is spinning. It’s Sunday evening and I’ve just finished Day 2 of our Survival Summit. It would not be an exaggeration to say it’s been an […]
How to Keep Rogue Trades Out of Your Investment Portfolio
The parallels to 2008 keep piling up. Early that year, French bank Société Générale revealed $7.2 billion in losses (that’s billion with a "b") at the hands of a single rogue trader. The culprit: A 31-year-old trader named Jerome Kerviel. The Société Générale losses came on a massive $73 billion worth of positions, which […]
Governor Peter Obi: The time has come to reconstruct Onitsha
Governor Peter Obi should set up technical Committee to re-make diminishing Onitsha . Onitsha the most important commercial center in eastern Nigeria is in shambles and needs immediate attention. Governor Peter Obi and his administration must now listen to a voice of reason and logic without being defensive. This is not time to verbalize any […]
What is the World?, by Phin Upham
How do we organize and understand the world around us? In this review of seminal scholarship on the subject Phin Upham reviews some of the major theories and integrates their conclusions. Construal, the sense in which we organize our world around facts rather than facts organizing the world for us, is a crucial concept in […]
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