Sentences with phrase «prefer dollar assets»

Not exact matches

Moreover, it is now doubtful whether the efficient market hypothesis makes any kind of sense. Indeed, a great many economists and bankers have discovered Minskyâ $ ™ s views on financial fragility and his financial instability hypothesis, according to which banks and financial markets can not be left to themselves: we need regulations even though regulating markets may not succeed in avoiding another crisis once the memory of the current crisis has faded away.As told to me by a law student recently hired by Blackrock, the largest asset manager in the world, with assets totalling more than 3,500 billion dollars â $ «thatâ $ ™ s one and a half times larger than UBS and twice as large as PIMCO â $ «many asset managers are now turning away from hiring neoclassical economists and actually prefer hiring engineers, sociologists and even philosophers.

Par value of a preferred stock is significant as it indicates the dollar amount of assets each preferred share would be entitled to should the company be liquidated.

Net Current Asset Value (NCAV) is calculated by taking the current assets less long - term and short - term debt less the dollar value of preferred stock outstanding.

No esoteric «human» decision process (no buying of oversized positions compared to other asset holdings (such as KO in the 90's), no shorting of the dollar (early 2000's), no buying of oil stocks at a $ 120 oil price, no backroom «deals» involving bonds and preferreds during times of crisis.