This is the fifth article in a series about Post-Modern Security Analysis. The challenge of complexity In part three of this series, I wrote: … the first step of Post-Modern Security Analysis is simply to identify issuers or instruments that are too complex to analyze and move on to more worthy objects of analysis. […]

This is the fourth article in a series about Post-Modern Security Analysis. The analysis of corporate governance The term “corporate governance” came into vogue in the 1990s and now dominates discussion of ethics and morality in investment markets. For five essays on “corporate governance” on this site, go here. […]

This is the age of once-in-a-lifetime events. Just as the last quarter of 2008 witnessed the greatest financial crash in most people’s lives, the Northern-hemisphere Summer of 2009 presented a political happening on a similar order of magnitude to President Nixon’s exit from the White House in 1974. […]