Investor’s Moods

Abstract from Investment Madness by John R. Nofsinger In order to operate in the financial markets, it is crucial to understand the investor’s psychology. Every human being is influenced primarily by his perception of things at a given moment. Human memory stores some images of this perception, even if it is imperfect, altered by emotions … Read more

Investment Exit or Disinvestment

Everyone talks about investing in private equity, especially the entrepreneur and the venture capitalist. But, the problem for the investor is less to invest than to answer those two essential questions: How will the enterprise give back the capital? When will that restitution take place? To answer the first question, the investor verifies the crédibility … Read more

Imaginary International Trade

Imaginary International Trade

The Grand Hotel Palace shone under the sun in the late afternoon. There was no crowd at that hour. The man who went there with a habitual step did not look at the grand spectacle which unfolded before his eyes. Mr Alfred Von Müller was obviously a regular visitor and it seemed obvious to him. … Read more

Perpetual Corporation

In this time of crisis, we systematically wonder about its causes, which are many. These include the low margins of the corporations arising from laws promoting competition. The thin margin creates a lack of reserves, therefore a privilege of short-term over the long term. The reasoning is simple: there is no reason to think long … Read more

How to get Financing ?

Financing is the act of finding solutions to bring to completion. By extension, the solution most often used being money, it represents the act of making a capital available for a project. Funding is mostly gathered from Investors by a Financier or an Investment Bank distributing securities on behalf of a company called Issuer because … Read more

Gentlemen’s Agreement

A gentlemen’s agreement litterally agreement among gentlemen is an informal agreement between two or more parties. It can be written, oral, or implicit by communicating a non-verbal agreement, through an agreement or mutual benefit. The essence of a gentlemen’s agreement lies in the fact that it rests on the honor of the parties in relation to its … Read more