Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Tuesday, June 15, 2010

Financial Innovation

The practice of inventing increasingly complex and obscure ways to add leverage, abet accounting fraud, hide risks, and skim enough off the top to give fat bonuses all around until you blow up the whole economy.

Did I miss anything?

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