Waterhouse VC’s Post

A little Saturday cause and effect noodling: as larger percentages of the money in the market are invested passive cap-weighted index funds, only the very largest companies receive high growth multiples. Simultaneously, the costs of compliance as a public company are extremely high. So the entire economy is rearranged around private equity money figuring out how to dissect small companies and sell them to the big guys. It's extremely efficient, but how resilient is it? How effective can renewed anti-trust enthusiasm on both sides of the Atlantic be when the capital markets are simply set up only to reward quasi-monopolies?

The Vital Role of Capital #Markets in Driving Progress - https://jpfs.com/?p=9034 - The financial #markets industry often faces criticism from those outside its sphere, who perceive it as reckless or driven by greed—likening it to gambling with other people's money. However, for those of us who work within the capital #markets, we understand there is far more to this business than simply making risky bets and hoping for the best. - #Crypto #digitalassets #Forex #Futures #FX #Markets #TheOldMan’sViews

The first part of my interview with DigitalBusiness.kz is about the role of defensive assets in an investment portfolio. The second part will be devoted to the most elegant of them all - colored gemstones. https://lnkd.in/emTYrWgi

Wall Street Beats. A Diverse Group of Pros...continued. Paul Meeks, @PaulMeeksTech a technology analyst’s technology analyst. Paul has been covering and investing in technology since the early 1990s – not just as an analyst but as a portfolio manager... having launched and managed the world’s largest technology fund franchise. I liked quoting him when I was a journalist, because his opinions were always unvarnished and perceptive. They still are. Bob Morris, multi-time No. 1-ranked oil-and gas analyst by Institutional Investor magazine, is an expert in the sector. I know Bob by his reputation, which is beyond reproach. He has a no razzle-dazzle style, with opinions that are steeped in decades of having been the go-to analyst on energy for most serious institutional investors. Katherine Spurlock, @KatherineSpur who like me inherited the skeptical gene, but unlike me, ran a short book at a hedge fund. Don’t let her genial New Orleans manner fool you; Katherine is a tenacious researcher and digger who gets her kicks from diving down rabbit holes in a quest to find whatever piece of the puzzle is missing. (If she can’t find it, nobody can.) Nadine Terman, @NatineTerman a dynamo, who runs her own fund. To say that she is a data wonk would be the ultimate in understatements. Along with Steven, she co-founded Longbow Trade Signals and is our go-to on short-term technical trading strategies. Russell Young, @Russby68 a former hedge fund analyst I’ve known for years, who swings both ways – long and short. But once Russell’s locked in on an idea, he’s unwavering and feisty, with strong conviction steeped in deep research. He also gets the credit (or blame) for introducing me to Steven. As for Steven Lamar, his natural inclination is to shun the limelight, but he was thrust on stage thanks to his role in creating Beats headphones. But not for the reason you would think. Search Wikipedia or the history of Beats or on the Beats by Dre website – you will find he isn’t mentioned. The reason, in itself, is quite a story. Steven wound up in a series of legal disputes starting in 2006, which ultimately led to his suing Dr. Dre and Jimmy Iovine, and also… Apple. It was a multi-year legal battle, pitting Steven against the music industry’s heaviest hitters, the largest tech company in the world, and arguably one of the best legal teams in America. And guess who won? We believe Street Beats is the start of an exciting journey and will prove to be something special. We look forward to seeing you there. www.wallstreetbeats.com

The Vital Role of Capital #Markets in Driving Progress - https://jpfs.com/?p=9034 - Courtesy of our friends at @JPFServices - The financial #markets industry often faces criticism from those outside its sphere, who perceive it as reckless or driven by greed—likening it to gambling with other people's money. However, for those of us who work within the capital #markets, we understand there is far more to this business than simply making risky bets and hoping for the best. - #Crypto #digitalassets #Forex #Futures #FX #Markets #TheOldMan’sViews

Another leap forward for the tokenization movement as Franklin Templeton enables peer-to-peer transfer of #BENJI, its yield-bearing, dollar-pegged token. However, currently the ability to transfer is limited to institutional investors who already hold the token. More covered in this great article by Aleksandar Gilbert of DL News. #AltBanking We aggregate and bring the best actionable news, information and opportunities in this rapidly evolving ecosystem. Follow us to stay up-to-date! #tokenization #Web3 #fintech

**The Rise of Pump.Fun** ### The Pump.Fun Phenomenon Pump.Fun, a token launchpad, has been instrumental in driving the current surge in meme coin launches. With its user-friendly interface, it has made it possible for anyone to create a token with just a few clicks and under US$5. Pump.Fun has facilitated the creation of over 800,000 tokens since its inception, and in May accounted for a majority of new token launches on the Solana network. In this post, we'll explore the implications of Pump.Fun and what it may mean in the future for investors and regulators. ### The Impact on Market Dynamics The increasing number of tokens and the ease of creation have likely led to a shift in market dynamics. There is an increasing trend for investors to day-trade and switch between tokens, rather than being long-term investors. In this type of environment, the risks of outright fraud and insiders trading the tokens for their own gain at the expense of investors will increase. ### Regulatory Challenges This shift in market dynamics will have significant implications for financial services regulators, who will want to ensure that sufficient investor protection measures exist. Additionally, consideration will need to be given to how to educate investors on these risks. For instance, like the FCA’s InvestSmart campaign, the language and tone must be relatable for this type of investor. https://lnkd.in/gtkChdSB ### The Future? My view. The popularity of Pump.Fun is a stepping stone to future use cases. A world where the tokenisation of real world assets and 24/7 trading intersect with a cheap user-friendly interface. However, in a world where anyone can be a global token issuer and the token is only limited by imagination, there will definitely be novel regulatory issues to be addressed. ### Your Thoughts? What do you think of the rise of Pump.Fun? Share your thoughts and experiences in the comments below! #Pump.Fun  #CryptoRegulation  #Tokenisation  #Solana  

Behavioral fintech can diagnose trading biases in raw trading data. It's not futuristic, it's happening now. Not only can you gain insights into your own investment behaviors, but you can also assess the financial impact they have on your portfolio. The original motivation to develop investor-friendly tools based on behavioral economics stemmed from Terry Odean's renowned and highly-cited paper titled "Are investors reluctant to realize their losses" – if you invest, I highly recommend reading it. The technological deployment approach drew from my experience in setting up a systematic hedge fund. Today, we offer Prof of Wall Street behavioral fintech that supports you and/or your team of investors, advisors, OSJ, behavioral coaches, and client growth teams. If you'd like to experience the power of behavioral fintech, reach out here or on the website for a complimentary "upside report" that estimates how much more money you can potentially earn as an active investor. https://smpl.is/8quve #fintech #behavioraleconomics #wealthmanagement #investing

Risks of Building with GenAI, Pioneering Quant Trading, & How to Fix the Internet --- I sit down with David Magerman, Managing Partner and Co-Founder of Differential Ventures, an early-stage fund that invests on data-focused entrepreneurs building enterprise technology.   In a past life, he spent 22 years in many leadership roles at Renaissance Technologies (RenTech), a hedge fund with $100+ billion in AUM and probably the most successful fund in history.   David is also a contrarian thinker and a non-conformist, which made our conversation even more interesting. In this Fintech Leaders episode, we discuss: - Introducing quantitative data science to trading and public capital markets investing in the 80s and 90s - Why he is highly skeptical of the new wave of GenAI, particularly in fintech - The reasons why you cannot apply data science analysis to venture capital investing - A convincing argument to introduce friction in online communication processes to restore balance and reduce its negative effects on society… and a lot more! Special thanks to Kartik C.!

Are digital real estate and real-world asset tokenization the same? 🏢💻 This insightful read breaks down the differences and similarities between these two rapidly evolving concepts. Dive in to understand how each is shaping the future of investments and ownership! Read more: https://lnkd.in/gtxtVuYZ #DigitalRealEstate #Tokenization #RWAs #Investment #TechTrends #RealEstateInnovation