Using Veritas to Construct the "Per…

29-04-2017 Hits:84626 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:79093 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:78938 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:83426 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:79991 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:82298 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:53273 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:81302 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:81304 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:81110 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:86965 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:84982 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 received a few emails about this monkeybusiness.com blog, and as it turns out - I like them.

Hears an excerpt:

 "It appears that AIG needed to post $20 billion of collateral on credit default swaps with Goldman and they didn't have the cash!

Remember when Hank Paulson did an immediate about face on lending AIG somewhere between $70 and $85 billion?  Turns out he had a meeting September 15 with Lloyd Blankfein, CEO of Goldman Sachs.  Mr. Blankfein was the only bank CEO in attendance.  Imagine that.  I'm sure he was there because as the head of Goldman, he was obviously smarter than everyone else.  Couldn't have had anything to do with Goldman going down the toilet if AIG went down right?  Of course Treasury and Goldman are completely denying it.  Richie and I have been scratching our heads for over a year now because we KNEW that Goldman was a huge player in AAA rated CDO's and they did TONS of negative basis trades (buying monoline wrapped AAA CDOs paying L+50 and then buying credit default insurance from SOMEONE and paying then L+10).  We assumed it was Ambac and MBIA, but when those guys got downgraded, nothing really happened to Goldman.  Who the hell did they lay the risk off with?  Now we know.  It was AIG!

When AIG was taken into conservatorship the Fed appointed Edward Liddy, a member of Goldman's board (he resigned upon his AIG appointment), to run AIG!!  AIG immediately drew $37 billion to meet collateral calls.  We are told $20 billion was due to Goldman Sachs.  I honestly don't think I can do another Goldman Superheroes!  What a joke.  All the talk and all the articles about how superior Goldman is and how their risk management is so fantastic.  All a bunch of bullsh*t.  They get the jump on everyone because they know the plays ahead of time."

See also "The Goldman Superheroes, parts 1 and 2", funny enough.

I have had a few readers caution me on shorting Goldman, because Goldman has effectively convinced the world that their Sh1t doesn't stink. Well, guess what my loyal readers. It smells the same as just about everybody elses. The Goldman trades are approaching one of the most profitable for this year. There is still 20 or 30 points of potential profit.

For those who don't know my position on Goldman, see:

  1. Goldman Sachs Snapshot: Risk vs. Reward vs. Reputations on the Street 
  2. Reggie Middleton on Risk, Reward and Reputations on the Street: the Goldman Sachs Forensic Analysis
  3. Reggie Middleton on Goldman Sachs Q3 2008 
  4. Goldman Sachs valuation update: Buffet's strategic investment and public offering