
Geoff O’Reilly
I'm an early baby boomer. Australian. I've watched the world change. I don't claim expertise in anything in particular. Yes, I have a couple of dusty old university degrees on the wall, seen big business from the inside, been a business entrepreneur for 30+ years, raised capital, employed 1000+ people in a dozen or more countries, dealt with lawyers and governments, travelled, watched TV and read a lot. I rode the IT boom/bubble that burst in 2000. Made a bit and lost half of it: so I understand risk and acquired some wisdom. Enjoy the blog.-
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Tag Archives: derivatives
Co-incidence or consequence?
Michael Lewis seems to be getting more mentions than anyone in the financial press and blogs this week. He’s clearly hit a raw nerve with his new book “Flash Boys”. Here are just a few of the things that have happened … Continue reading
Posted in financial markets
Tagged bank behaviour, derivatives, Goldman Sachs, HFT, Wall Street
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Is the stock market rigged?
Michael Lewis thinks so. On 30th March he went on CBS’ 60 Minutes in the US to promote his latest book “Flash Boys” an expose of the the dark world of High Frequency Trading (HFT). There he asserted “the US … Continue reading
Posted in financial markets, risk
Tagged bank behaviour, derivatives, investment banking, technology, Wall Street
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Good debt, bad debt and unreal debt
Governments, corporations and people borrow to pay for something they need now, but don’t have enough cash/savings to pay for now. If that something is a hard economic asset (say, a power station, or a house), part of the future … Continue reading
Posted in debt, financial markets, risk
Tagged bank behaviour, delusion, derivatives, investment banking, Wall Street
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Twitter IPO
I use Twitter every day. But not to tweet. Configured to follow the right news sources (BBC, NYT, Reuters, The Economist, RT and others) it makes a truly excellent news feed to keep up with what was going on. Today … Continue reading
Posted in financial markets, technology
Tagged Bloomberg, delusion, derivatives, Federal Reserve, Ford, market value, Twitter, Wall Street
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