In my many years as a derivative trader and hedge fund manager, I forged a solid and long-lasting relationship with risk. Like a beautiful but dangerous woman, risk permeated my professional life—a constant courtship leading me to many attempts at fully understanding its mysterious ways. A never-ending effort! The theoretical foundations of risk analysis were [...]
Davide Accomazzo, MBA The telegraphed day of reckoning has finally arrived and many commodity exchange-traded funds (ETFs) and exchange-traded notes (ETNs) are now finding themselves in the regulatory line of fire. I have been on the record with my MBA students and with many of my colleagues in the investment business for quite some time [...]
Can’t see the video above? Click here to watch or read the transcript. In this video interview, Davide Accomazzo, MBA, Adjunct Professor of Finance at the Graziadio School of Business and Management, discusses the dangers of high frequency trading. This interview is a follow-up to Professor Accomazzo’s essay for the GBR blog on the same [...]
Davide Accomazzo, MBA As a professional trader, you are confronted daily with all kinds of dynamics and situations that require a flexible and adaptive mind. You are faced with multiple variables constantly interacting with each other and your task is to process ever-changing information quickly and profitably. Valuations arbitrage, reflexive supply-and-demand dynamics, and structural changes [...]
Davide Accomazzo, MBA In the ongoing social debate on what kind of an economic system we should build on top of the rubble of the present financial mess, we as investors should focus less on the philosophical nuances and more on how to adjust our investment framework, expectations, and tactics. As the work of free-market [...]
The results of the second GBR poll on debt vs. savings are in! All participants said they have changed their personal financial approach due to the current economic instability 60% say they are working harder to pay down all their debt. The GBR Blog asked Davide Accomazzo, Adjunct Professor of Finance at the Graziadio School [...]
Davide Accomazzo, MBA The financial turmoil of the last eighteen months has brought to everyone’s attention the problems and dichotomy of our present monetary and financial systems. While we are now dealing with the consequences of too much credit, it is also important to note that a system without credit (and—much to the delight of [...]
Davide Accomazzo, MBA This is the second of two posts on changes I think need to be made for a new, more sustainable economic and social system. Click here to read Part I. The full article exploring these interventions was first published in August 2008 on Goldmau.com. Since the early part of the last decade, [...]
This is the first of two posts on changes I think need to be made for a new, more sustainable economic and social system. The full article exploring these interventions was published in August 2008 on Goldmau.com. Davide Accomazzo, MBA Last year, I wrote an article titled The End of Capitalism as We Know It. [...]
Davide Accomazzo, MBA Economic forecasting is never an easy task but admittedly this year is harder than usual. The deep financial and social dislocations we suffered in the last 12 months have set in motion dynamics we hardly understand in their full ramifications. Most forecasts seem to point to a difficult first half followed by [...]
