Using Veritas to Construct the "Per…

29-04-2017 Hits:82213 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:77822 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:77395 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:82135 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:78729 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:81017 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:47899 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:79729 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:79245 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:79799 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:84800 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:81733 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'm going to try to have post with a quick, off the cuff revaluation of Goldman posted for subscribers within the hour. A few quick thoughts and highlights...

We have incorporated sensitivity analysis of haircuts on the distressed assets sold by GS to Fed and GS 3Q-2008 earnings information (Based on press release) in our current financial model.  However we have not incorporated the entire effect of bank holding company since it would require entire model to be created in line with a bank financial model, which will take time, but which I may do by the end of next week, contingent upon how much the market believes Paulson's "the worst is behind us,again" mantra. Also since there is lack of clarity and information about the same, building the model will be even more difficult. I have some very bright people working for me, and I have my trusty calculator by my side, so I believe we can pull it off. However since GS would be subject to more regulation in lieu of Federal Reserve's lending facilities we will build the de-leveraging effect and increased NII, and decreased trading / brokerage income. Although transformation into a bank holding company would make GS more financially sound (by significantly reducing its leverage) but will it also significantly limit its profits and result in higher regulations resulting in contraction of GS multiple in line with other bank holing companies like Cti, BAC and JPM. GS and Morgan are both up sharply in pre-market trading. This is potentially another opportunity for me to take profits from the fact that significant capital is being thrown around by the "smartest people in the room" (mostly institutions) who delve deeply into the maket but can't count. Reference the just announced investment by the Japanese from AFP: Japanese megabank Mitsubishi UFJ Financial Group Inc. said Monday it will buy between 10 and 20 percent of the shares of troubled US banking giant Morgan Stanley."MUFG will obtain between 10 and 20 percent of common shares in Morgan Stanley based on book value of the shares," the Japanese bank, the world's largest by assets, said in a statement. and WSJ: Mitsubishi UFJ said it plans to buy as much as 20% of Morgan Stanley, sending shares of Morgan Stanley up 13% in pre-opening trading.

It appears as if the Chinese tire of throwing good money after bad in regard to money managers and investment banks past the nadir of the business and stock market cycles.

I can't make fun of the inherent confict of interest leading to subpar results of the bulge bracket sell side anymore, since technically there aren't any left, but if the supermarket banks start putting out numbers before I release mine to suscribers (doubtful, but you never know) let's keep things in perspective. I called for a strong short on Morgan when it was in the mid 50's, and the same for Goldman when it was in the mid 180's, and Lehman in the 50s and Bear Stearns in the 100's. Everybody else, and I mean everybody else, had buys and market performs on these guys. Just keep that in mind as Morgan bounced off of $11, Goldman bounced off of $85, Lehman went bankrupt, and Bear got bought out at $10.

See: The Riskiest Bank on the Street and Reggie Middleton on the Street's Riskiest Bank - Update, Lehman Brothers (Is Lehman a Lying Lemming?), and Bear Stearns (Bear Fight - A most bearish view on Bear Stearns in a bear market and Is this the Breaking of the Bear's Back?), Goldman Sachs Snapshot: Risk vs. Reward vs. Reputations on the Street and Reggie Middleton on Risk, Reward and Reputations on the Street: the Goldman Sachs Forensic Analysis.