With some option strategies, it’s not clear if the strategy was designed to meet a need or to justify a clever name. That’s the case with the Twisted Sister. The opposite of the equally fanciful Jade Lizard, it is a short strangle plus a long put. It offers modest premium income with relatively little risk… [Read More]
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Benin: Breaking the Maafa Chain
This novel imagines aspects of a true story. Sarah Forbes Bonetta was born into a West African tribe around 1843, orphaned, and captured with the intention of selling her into slavery or using her for human sacrifice. In 1850, she was given to Frederick Forbes, a representative of Queen Victoria who was working to stop… [Read More]
On Divestment
I recently had a letter to the editor published in the Washington Post. I submitted it for consideration as an Op Ed. You can read the version that I submitted here: In the spring of 1986, students at Northwestern University were out protesting apartheid. I was out there, protesting and wearing a red armband, as… [Read More]
Iran: Aria
The US broke off diplomatic relations with Iran in 1980, and one result is that Americans don’t know as much about the country as they could. We know it’s there, of course, and that it’s involved in geopolitical manoevers, but we don’t have friends who travel there and report back, or neighbors who emigrated from… [Read More]
ESG Investments and the Growth of GP Accountability to Their LPs
ESG reporting is evolving, driven primarily by investors in Europe. Haide Liu, head of investor relations for Ascendent Capital Partners, a private equity firm based in China, talked to Serena Tan, deputy chair of the Global Private Funds Group at Morrison & Foerster LLP about how LP demands are driving GP reporting on ESG. They… [Read More]
