Posts in Finance

The Oligopoly and Crony Employeeism

I posted this chart because my friend Arnold posted it on his Facebook. But, it’s a metaphor for everything in America these days.  Massive companies dominate every industry.  I’d urge everyone to read Professor John Cochrane’s essay on economic growth. …

Fees on Accounts-The Government Is Enabling A Shake Down

The Department of Labor recently changed regulations on how brokerage agencies can charge fees to accounts.  Remind me again why the Department of Labor is stepping into the relationship between a broker and customer again?  It’s another example of government …

Central Banks Buying Public Stocks Is A Really Bad Idea

Janet Yellen runs the Federal Reserve.  She is a central banker.  She said that the Federal Reserve is looking at using money outside of normal monetary machinations.  They are looking at going into the stock market and buying public equity. …

Putting On An Event-The Business Blockchain

I don’t put on very many events.  One reason we think they are important is to further develop the Chicago Fin Tech network.  As we continue to raise our fund, we are going to start trying to do more events …

Where Is The Next Big Short?

Steve Eisman was in the news again.   People asked him where the next big short is.  I remember when I had to explain to people what shorting the market was-now thanks to Michael Lewis it’s part of the lexicon. …

VC Returns; What To Expect.

Yesterday, they published Andreessen-Horowitz venture fund returns. a16z shook up the VC world a bit when it started. They have done a lot of things differently, and other VC’s weren’t too happy. I don’t care too much about all that …

What’s The Right Tax Rate For Carried Interest?

There’s a debate going on over carried interest.  Both Trump and Clinton have said they are going after hedge funds. Clinton has even advocated for a transaction tax, which is one of the stupidest taxes of all time.  Taxing the …

The Blockchain Expands, But It’s in Asia

Saw two separate articles today about the blockchain.  I am pretty excited about the blockchain, and in cryptocurrency.  It took me awhile to come to that conclusion.  However, I had a leg up because I lived my life in a …

Competition Is Healthy For International Trade

In the age where everyone gets a trophy, we lose site of why competition is truly a healthy thing.  In Fin Tech, I think we are going to find out.  One thing the EU does is try to stamp out …

World Events and Fintech

A lot of folks are trying to figure out what Brexit means for Fin Tech.  London is a huge financial center and has a great Fin Tech community.  I think it’s a waste of time trying to figure out the …

StreamLink Software Can Save Governments Big Money

A while ago I invested in Streamlink Software via Bill Campbell.  He is a member of Hyde Park Angels and was the deal lead.  HPVP also invested in the deal.  Streamlink is based out of Cleveland, OH.  I am sure …

Internet Trends

Mary Meeker’s annual presentation of internet trends is always interesting to look at.  Sometimes you can pull out some great insights into things you want to do, or things you think will happen.  Especially when you layer other information over …

Bitcoin and Anarchy

A lot of people think that if Bitcoin is adopted it means anarchy.  I don’t think that is correct.  I was reading “Is Bitcoin The World’s Next Major Currency?” in Chicago Booth’s Capital Ideas magazine. Sorry, no link to the …

Taxing Trump

There are a lot of inconsistencies in the American tax code.  Anyone that pays taxes knows it.  Some are put there because the writers of the tax code want to be “fair”.  What I have found in my life is …

The Business Blockchain

My friend William Mougayer wrote a book called The Business Blockchain.  It’s a great book for anyone looking to understand what the whole Bitcoin thing is about.  I have blogged about Bitcoin in the past.  It’s highly interesting to me …

Let The BlockChain Go

Wednesday evening I was on a Fin Tech panel at 1871 in Chicago. One of the reasons I love investing in Fin Tech is because innovation can smooth the speed bumps that exist in the system which stop people from …

Do You Think Bitcoin is A Fad or Fraud?

My friend William Mougayar has been researching Bitcoin for a long while now. He is coming out with a book on it. In the meantime, here are some snippets of what he has learned. I think that Bitcoin could be …

How Can The US Win the Corporate Tax Battle?

An attorney friend of mine sent me this video.  It’s recent testimony from a tax attorney who works with corporations.  In many ways, it’s heartbreaking. It’s slightly edited for brevity, but here is a link to the entire testimony. I …