E. M. Murray

ICI Argent Enters Philippine Venture Capital Arena

In INTELLIGENT Investor, VENTURE Capital on May 6, 2010 at 6:52 PM

Striving for a Better World

ICI Argent LLC, South East Asia’s first environmental technology focused venture capital firm, is scouting for extraordinary entrepreneurial talent in the Philippines and nearby countries.

“What are we looking for?” cites group representative Paris Murray.  “In a nutshell:  ground breaking, game-changing, and economically compelling technologies and business ideas which are socially responsible, improve the quality of life, and mitigate the adverse effects of climate change.”

On Modern Finance Theory: It Pays to Ignore Your Professors

In DEEP Investing on December 12, 2009 at 3:10 PM

"So, theoretically if I had any money, here's how I would invest it..."

When it comes to wading through the tsunami of academic contributions to Modern Finance (or the fund and banking destruction left in its wake) I cling tightly to the maxim be careful who you listen to.*

Mind you, there are a number of academics I greatly admire for their analytical prowess and explanatory power with regards to the present and past financial crises, for instance  Richard Epstein of the Hoover Institution, Martin Feldstein of Harvard, Simon Johnson and Ricardo Caballero of MIT.

However having something meaningful to say about the national or global economy is one thing; having a clue about generating competitive returns amidst the harsh realities of investment management is another thing altogether.

When Genius Failed by Roger Lowenstein

In BOOK Review on February 16, 2010 at 12:08 PM

RECOMMENDED.

If ever you were thinking of investing in accordance with popular academic wisdom, you’d better read this first.

Lowenstein dramatically illustrates what happens when you take high brow academics out of the ivory tower, complete with Nobel Prizes of Economics in tow, and turn them loose on a billion-dollar hedge fund.