
Me
Hi,
My name is Gregory, from Suriname, South-America.
I have a passion for Finance & Investing. Especially, coming from a country where there isn't a free-flow of capital, I've come to appreciate the ways that we take the western world for granted.
- We have no free currency market, as it is heavily controlled by government and the central bank. That leads to a large shadow economy and rent-seeking.
- We have no free stock market, as stockholders are mostly "insiders" who refuse to sell (and thus give up control), and is "allegedly" a haven for tax-fraud.
- We have a horribly inefficient government which incentivizes actually smart people to either participate in the corruption or leave the country.
- That government exerts massive controls over the local banks, leading investors to protect their wealth by, en masse, buying real-estate. That leads to an inflated housing market.
By the way...I'm not blaming any particular individuals for this problem, as I would probably not be able to resist the temptation to participate in that corruption if I had that same chance. It's hard to stand up for your principles when there's millions of dollars just waiting for you.
This is a system, and the system needs to change.
All of the above examples are very easily solved by implementing a free-market system of capital.
I want to help people understand that there's more to Finance than just "saving at a bank". There's more to Investing than just "buying real-estate".
I've pursued my passion got a degree in Technical Analysis from the International Federation of Technical Analysis. I'm actively trading the markets using mechanical systems and I want to help others. The goal is to end up working get a MiF degree, work in an institutional fund, and then return to Suriname to set up a Hedge Fund.
Hedge Funds are beautiful mechanisms for allocating capital to those that (they believe) deserve it.
I cannot change the system, but I can do what I can to help others change their own perspectives.
Leave Me to:
Read more #finance posts
Best Posts From Gregory Bainathsah
We have not curated any of gregg0's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.