Using Veritas to Construct the "Per…

29-04-2017 Hits:82209 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:77819 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:77393 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:82132 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:78726 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:81015 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:47896 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:79726 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:79243 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:79797 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:84797 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:81730 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 am a fairly open person with my finances. Hey, I even publish my personal research on the Web. I think that puts me in the minority, but there are certain things that just have to be considered trade secrets. I can' t give away the whole enchilada. In looking through WSJ.com I came across the following story - Fairfield Extended Madoff's Reach :Fairfield Greenwich is emerging as a central player in helping Bernard Madoff extend his reach and raise billions of dollars world-wide.

I can see why sophisticated investors would not have invested with Madoff if or when he failed to articulate how he made his money. I believe I am rather transparent, though. The issue is that I would no more transparent if I were running money for others. The thought came to my mind earlier today as I started preparing for my taxes. The last two or three weeks have brought a nasty drawdown to my account, one that (in retrospect) I should have traded out of. I knew it was coming but I didn't want to generate any more taxable short term gains (lord knows I have enough tax liability as it is).

So, here I am at the trough of a very, very big drawdown (the same that I warned about it in my words of wisdom to individual investors) and my brokerage account says that I have a 465% time weighted internal rate of return since January 1, 2008 (I was in the high 600% range, to give you an idea of the profits that were recently disgorged). I have averaged roughly 50% cash for the year (in a bid to dampen volatility, although it significantly dampens my return to the song of about 50%) and I have used leverage for a total of about 2 weeks throughout the year.

Any outside investors who would press me on those returns would be directed to the rich documentation that I provided via performance marking, time stamped posts detailing the research returns, and the verbose description of my investment style. Any requests for additional data would probably be denied. I could always simple produce my actual trades and account statement, but I feel that would be pushing it. I would have been willing to have an auditor audit my results and vouch for them. This way I could have some privacy, and still express a modicum of veracity expressed through a third party. The combination of all of these would have made me more transparent than any mutual, hedge or investment fund that I know of, yet still I can see potential investors pressing for more. 

Keep in mint that the much touted Warren Buffet showed very similar characteristics to that allegedly displayed by Mr. Madoff, see Warren Buffett: People Thought "I Was Doing Some Sort of Ponzi ....