EIDESIS CAPITAL PDF

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From the Opalesque team: Opalesque has learned that Eidsis Capital is preparing to launch a Hybrid distressed fund which will be named Eidsesis Special. Get information, directions, products, services, phone numbers, and reviews on Eidesis Capital in New York, NY. Discover more Security Brokers, Dealers, and. SEC profile for Registered Investment Advisor (RIA) EIDESIS CAPITAL LLC including address, website, AUM, assets, growth, total accounts, advisory clients, .

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Meanwhile, people are making valuation decisions based on these bad signals. When you combine the government policies with the level of interconnectedness in markets, it creates a recipe for disaster. Lehman clients couldn’t get full value for assets they didn’t think were at risk.

For the best Barrons. It is the value of financial assets that declines. These are irreconcilable issues, and the only way they can be reconciled is by printing more money for the moment.

When you disconnect greed and fear, greed runs rampant. Based on recent precedent, it’s clear the politicians have no incentive to act unless they are faced with some sort of existential threat. If you were offered a game of chance where when you win, you win, and when you lose, you are given another chance to throw the dice, then, of course, everybody would play that game and essentially that is where the financial system is.

Capiral we step eidsis from everything that is going on in the U. So the creditworthiness is getting worse and the cost of funding is getting better.

Eidesis Capital LLC

That is a very cxpital way to allocate part of your portfolio to this sort of reserves. They thought they were simply in custody of Lehman Brothers. Debt increases the risks by increasing the interconnectedness of financial institutions and governments.

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We have just seen an example of that. As with any emergency, this requires a tremendous amount of leadership.

Investors need to examine old ideas about diversification, and to realize that both bonds and stocks have become much more highly correlated than ever. We’ve detected you are on Internet Explorer.

Interview With Simon Mikhailovich – Barron’s

We don’t know the real cost of misallocation of capital. It’s the means of production. If anybody is an expert in safe-haven assets, it is the Swiss National Bank.

However, in the current environment, gold can produce tremendous real returns because it’s an asset that doesn’t produce any cash flow. They increased productivity and they created oversupply, and that excess supply needs to capitap liquidated. Convinced the worst is yet to come, Eidesis, which also is managed by Jim Wang, now invests mostly in gold bullion in various locations around the world outside of the banking system. If this devaluation of financial assets proceeds apace and the moment of clarity comes for many investors in the West who realize they need to diversify into assets that can protect against devaluation, demand for physical gold has the potential to iedesis dramatically.

That is the endgame. Capitwl risks were manifest inbut rather than defuse them, government policies have since increased the interconnectedness.

Simon A Mikhailovich | Financial Sense

Rather than enable a quick but extremely painful deleveraging, Western governments are trying to delay it by borrowing significant amounts to supplement economic activity. Mikhailovich, who eidesiis to the U. Armageddon is a physical end of the world, financial disruption is financial disruption.

It’s silver, diamonds, Rembrandts, Picassos, real estate. Too big to fail is now too bigger to fail. They even thought they owned U.

Going for Gold in a Dangerous World

It is almost as if these disruptive financial technologies enabled overproduction of financial assets. It was a very specific bet on a very specific set of outcomes that is not panning out. We concluded such an asset is physical gold bullion—not paper or derivative instruments—held securely outside the financial system, which is potentially subject to a disruption like we saw inand geographically diversified to provide access to various markets, where the hope is that at eidesus one or some of them would be liquid.

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Our specialty is structured credit, and credit derivatives are mispriced because the rates are at zero and are subject to potential significant disruptions. That creates distortions, misallocation of capital, and mismanagement of risk, and we are seeing it time and time again. Central banks all have gold reserves, and they’ve been increasing them.

For non-personal use or to order multiple copies, please contact Dow Jones Reprints at or visit www. It’s just a matter of time.

But I try to diversify.

Gold is a store of value. Tremendous wealth was created during the Great Depression. But they cqpital not liquid during times of disruption. The effectiveness wears off over time, you need to take more and more to achieve less and less, and eventually they stop working. All Rights Reserved This copy is for your personal, non-commercial use only. Russia, Argentina, Brazil—it didn’t extinguish life in those countries.

The new firm focused on distressed CDO investing. A cardinal rule of risk management is, don’t put all your eggs in one basket.

The most important thing for the government to do is admit the truth: But there may come a moment when it doesn’t work, and then what’s a safe haven? Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.