Know When To Hold’em . . .

This story is from our February 2024 update newsletter that offers communications insights, and hopefully, some amusing diversion.

The charts below show the tale of two investors: one who knows when to hold them and one who doesn’t.

It should be noted both are wise investors: they bought Adobe when it went public in 1986. But investor A held their nerve in the summer of 2022 when the stock was cut in half. Investor B folded.

Investor B still did well mind you earning a return of 87,000%. But Investor A is doing better with a return of nearly 150,000%. The difference is, depending on your perspective, a large or small fortune. To wit, the $5,000 investor A put into Adobe is now worth $7.5 million. Investor B? Just $4.4 million.

Amazon Summits A Dow That No Longer Exists

At the end of February Walgreen’s Boots Alliance was unceremoniously removed from the vaunted Dow Jones Industrial Index and Amazon

Financial Institutions Feeling the Crunch in Countdown to CECL Implementation

I was retained by Big Four accounting and consulting firm KPMG to assist them in their thought leadership efforts centered on changing accounting regulations. In this case, the Financial Accounting Standards Board or FASB had instituted new rules on the measurement of current and expected credit losses, i.e. CECL, that would require massive reorganization of financial reporting for the largest financial services organizations in the world. This thought leadership piece concerned the results of a survey among C-suite executives about their state of preparedness in the final countdown to the CECL implementation.

Securitizing Structured Settlement Payment Streams: A Primer

Fall 2012. This article was written with Stefano Sola and Phil Donahue, executives at JGWPT Holdings. We were engaged by JGWPT to assist them
in publishing the article below for The Journal Of Structured Finance.

Is The Media Biased?