From tax HAVEN to investors and creditors HAVEN, where regulations and practices matter and where don’t

From tax HAVEN to investors and creditors HAVEN, where regulations and practices matter and where don’t Failure rate matters for Investors and Creditors in their country of choice decisions Tables summarising Failure rate (F) of debt renegotiation across countries around the World. F=1 implies debt renegotiation always fails, whereas F=0 would mean a successful renegotiation always…

Robinhood, an app that lets you buy and sell stocks without a fee

Robinhood, an app backed by Snoop Dogg and Marc Andreessen that lets you buy and sell stocks without a fee, just raised $50 million Inspired by the 2011 Occupy Wall Street movement, Vladimir Tenev and Baiju Bhatt founded a no-fee trading app called Robinhood. They wanted to “democratize access to the financial markets.” Robinhood launched…

Financial humans or financial robots?

Financial humans or financial robots? The Efficient Markets Hypothesis isn’t right; fund managers can beat the market consistently (although less and less as they manage more money). In fact, the average fund manager will beat the market consistently, before fees. But when the funds are young and small, investors don’t know which ones are the…

The fintech revolution

The fintech revolution A generation of startups, fuelled by venture capital and designed by geeks, is taking on traditional finance—and changing it for the better IN THE years since the crash of 2007-08, policymakers have concentrated on making finance safer. Regulators have stuffed the banks with capital and turned compliance from a back-office job into…