Not exact matches
If there's not a single buyer that will take on both the
assets and liabilities without the government assuming private default risk, Bear's
assets should be put
out for bid, Bear's bonds should go into default, and by the unfortunate reality
of how equities work, Bear's shareholders shouldn't get $ 2 - they should get
nothing.
Our greatest
asset is our youth who created Nollywood
out of nothing and an entertainment industry that is second to none in Africa.
There's
nothing the matter with doing it... but also no reason to slavishly worry about small changes...» In other words: Rebalance if your
asset allocation is way
out of line but don't worry about small changes — especially if you'd end up paying a lot
of fees by rebalancing.
If you strip
out the «returns» from its merchant banking (it spun off with
assets with book value far below actual value and slowly reported profits when these discrepancies were recognized) and just look at the free cash flow
of its operating businesses, the returns have been ok but
nothing phenomenal.
I realize that gold and silver are
assets that produce
nothing (one
of the reasons I don't like it) but it does offer some diversification and offer a little peace
of mind if things really get
out of control.
If there's not a single buyer that will take on both the
assets and liabilities without the government assuming private default risk, Bear's
assets should be put
out for bid, Bear's bonds should go into default, and by the unfortunate reality
of how equities work, Bear's shareholders shouldn't get $ 2 - they should get
nothing.
We found the do -
nothing portfolio produced slightly better results than from either investor returns or a straight average
of returns in every
asset class except for fixed income, where investor returns came
out on top.
Even though it has been said that Bitcoin has
nothing to do with economics, it can boldly be pointed
out that the digital
asset is showing signs
of diminishing marginal returns.