Subject:
complexity Complexity is a term used with reference to Post Modern Security Analysis and collaborative research, indicating the problems that arise from excessive complexity in modern financial markets, including such aspects as ‘too complex to manage’, derivatives, and the myriad products of financial engineering.
Phony financial reform
By John Schroy, on July 17th, 2010 |

Unfortunately, instead of a ‘game-changing’ confidence-inspiring reform, the Obama administration presented the United States with the Dodd-Frank Act — a legislative miscarriage that has the potential to hold back recovery and impair the position of New York as a world financial center for decades — unless repealed or drastically amended.
Post Modern Security Analysis
By John Schroy, on August 26th, 2009 |

Modern capital markets have become so complex that security analysis methods of the 1930s are no longer adequate.
Excessive, daunting complexity is the reason that security analysts must move now beyond Graham & Dodd.
Complexity is not only in financial information, but in collateral issues such as institutional operations, the interaction of foreign and domestic taxation, and structural risks.
Post Modern Security Analysis
By John Schroy, on August 16th, 2009 |

Total salaries of securities analysts working for financial institutions in 2006 amounted to only 1/100 of one percent of the value of outstanding corporate equities, domestic and foreign corporate bonds, and municipal bonds in the US market.
The exceeding complexity of modern capital markets, combined with too little being spent on investment analysis, has put the savings of millions of Americans at risk.
Popular Articles