Using Veritas to Construct the "Per…

29-04-2017 Hits:87187 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:81109 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:80951 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:85424 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:81924 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:84112 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:55172 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:83364 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:83107 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:83000 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:89250 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:86970 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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I have received a few emails inquiring about the new strategy testing we have implemented and as a result I have decided to release the Q1 document to the public free of charge so everyone knows exactly what it entails. See pdf  Direction Neutral Strategy - S&P 500 2009-08-06 05:37:27 1.38 Mb as well as the backtesting results spreadsheet - pdf  Direction Neutral Strategy - S&P 500 Backtesting results addendum Q109 2009-08-06 05:36:31 184.00 Kb . Be aware that this is not for beginners and only encompasses Q1 2009 which had a decidedly bearish bias. I am now releasing the direction neutral strategy and back testing results for the entire first half of 2009 with a special addendum for the May to August bear market rally (or bull run, depending on which side of the fence you are standing).

The strategies implemented and tested above largely gain from volatility and since the S&P 500 on June 20, 2008 was almost at the levels as Jan 2, 2009, some of the strategies resulted in negative pay-offs at the expiry although they proved to be very profitable along periods throughout the life of the trade. This emphasizes the need for prudent stop placement and monitoring of the Greeks. I will be implementing a greek monitoring service as part of the professional subscription than is planned to illustrate the possibility of adverse and/or beneficial change in the greeks of the illustrated positions. Each strategy exhibited significant and substantial gains throughout the course of the first half of the year, but these gains (if not locked in) evaporated into losses by the end of the 6 month period. These gains would have been locked in (at some time, but not necessarily at maximum profit) with a prudent cash management system and greek monitoring which would have illustrated the source and extent of position profit deterioration.

As readers who were short during the bear rally would be happy to know, the market neutral strategy proved to be very profitable throughout the rally of the spring, turning in a significant return on investment. I would presume that this strategy, properly tweaked moving forward would position an investor to profit from both bullish and bearish moves for the fall.

For paying subscribers,

here are the position papers and backtesting results for all of 1H09 and the spring through summer market rally.

pdf  Option Strategy for the Rally of May-Aug 09 2009-08-10 03:26:14 574.26 Kb

pdf  S&P 500 Options Strategy Backtesting results_May-Aug 09 Addendum 2009-08-10 02:48:52 170.00 Kb

pdf  Option Strategy 1H09 2009-08-10 03:51:33 698.21 Kb

pdf  S&P 500 Options Strategy Backtesting Results 1H09 Addendum 2009-08-10 03:47:24 189.50 Kb

Comprehensive, market neutral option strategy analysis for CAT, JPM and LRN using actual market data will be released shortly, as will a forensic look at ACC's latest earnings report.