Thought Leadership

Secondary Markets

When a company wants to raise money, in addition to borrowing from traditional sources, it has the option to sell…

Competence

Back in 2002, the US Secretary of State for Defence, Donald Rumsfeld whimsically declared; “There are known knowns. There are…

Brexit – A Retrospective

Now that a little time has passed since the remarkable vote by the denizens of the United Kingdom let’s see…

Investment Products – Overview

This week MMPI launched its Escalator Plan Series 32, which is the 45th version of MMPI’s investment products, (some of…

Dash for Cash

The promise of a cashless society reminds us of the fallacy of a paperless office. The more we hear about…

Basic Economic Problem

Every generation believes itself to be more intelligent than the ones that went before, and wiser than the ones that…

Cryptocurrencies

A cryptocurrency is electronic (digital) “money” that is not issued by a government. There are no physical coins or paper…

First Principles

The term ‘first principles’ (ab initio) is primarily used in mathematics or, more pointedly, in differentiation (formerly calculus). It means…

Mumbo Jumbo

The mumbo jumbo expression crossed into English from the Mandingo tribe of equatorial West Africa. Little did they know that…

Future of Banking

Understanding banking is a topic that many people struggle with. It could have something to do with mashed brain cells…

The Potential for Illusion

We are indebted to our friends in the world of academia for highlighting the following potential financial illusion. The term…

Investment Products

MMPI has launched two new exciting investment products that will remain open for investment until early December. They are part…