Archive for tag finance

Nov4 2015

Sal Gilbertie, Teucrium Trading ETF Bootcamp Corn ETF

Sal Gilbertie, President of Teucrium discusses corn and the impact the glut has had on his company’s Corn ETF

The Corn ETF’s Surprising Opportunities

ETF Trends

The global commodities glut has rocked big companies, emerging markets, and investors who looked to ride the wave through related exchange traded funds heading into this year.

Corn isn’t discussed as much as oil, gold, or steel but its reach is broader than any other commodity, save oil.

Sal Gilbertie, President of Teucrium Trading, recently sat down with us at our annual ETF Boot Camp to discuss, of all things, corn. Well, more specifically the impact the glut has had on his company’s Corn ETF.

Sal shares some fascinating facts about how the corn market works and why huge price fluctuations occur.

Like what happens when you mix constant demand with a drought? Find out below!

ETF Bootcamp

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May22 2015

CNBC Closing Bell interviews Kind Financial CEO about fast growing legal cannabis industry

Watch Stern & Co. client David Dinenberg, CEO of Kind Financial on CNBC Closing Bell discuss legal cannabis deemed the fastest growing industry by ArcView research.  Click below to watch this fast paced interview with a full panel of CNBC hosts and financial journalists asking David to explain the market and the barriers to entry and what Kind Financial will do to streamline the financial solutions for legal cannabis businesses trying to get started.

Kind Financial CEO David Dinenberg discusses legal cannabis industry on Closing Bell.

Kind Financial CEO David Dinenberg discusses legal cannabis industry on Closing Bell.

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Apr20 2015

CNBC.com Runs Kind Financial CEO Op-Ed on legal cannabis banking problems

The marijuana business is exploding but there's one tiny catch: Many businesses can't get loans. Enter David KIND BANKING 001Dinenberg.

CNBC.com logo

Why I Started A Financial-Services Firm for Pot

David Dinenberg, Founder Kind Financial

Most of us chase the American dream, so we know the drill: Think up an idea, gather our thoughts into a business plan, put our tax returns in order, then it's off to a bank.

But for the hundreds of entrepreneurs chasing the dream in what has become what some are calling the fastest growing industry in America, there is a major roadblock. Medical marijuana is legal in 24 states and Washington DC and also recreationally legal in four of those as well. At least a dozen more states have laws on the books or are about to be signed into law.

But marijuana is not legal federally. Like heroin and LSD, marijuana is classified as a Schedule 1 drug. Federally, marijuana is restricted in all forms — including medical marijuana research. So banks, which contend with interstate commerce, can't give a loan even in those 24 states. Same with Small Business Association (SBA) loans.

he bipartisan proposal in the Senate by Cory Booker (D-NJ), Rand Paul (R-KY) and Kirsten Gillibrand (D-NY) would not legalize medical marijuana in all 50 states. Rather, it would respect the states that set their own medical marijuana programs and prevent federal law enforcement from prosecuting patients, doctors and caregivers in those states.

So, for financing, even in the 24 states where it's legal, cannabis entrepreneurs either raise the initial start-up money from friends or family, or take the road show route or dig into their own pockets.

I, too, chase the legal cannabis dream. Without personal resources, I put together a business plan and pounded the pavement. Lucky for me, I found the rare investors who share my vision and provided a seed investment so I could start Kind Financial. Kind Financial is the first full-service financial solutions resource strictly for the cannabis industry.

For the past decade, we have been looking for an industry to evolve as global outsource renders as obsolete so many U.S. industries. Now we have a winner. Cannabis has already generated billions in revenue, hundreds of millions in tax generation, tens of thousands of jobs. And it's made in America. Cannabis could be — and should be — a macroeconomic solution for the United States. But when and if the U.S. removes cannabis from Schedule 1 is anyone's guess.

David Dinenberg is founder and CEO of Los Angeles-based Kind Financial, a financial-resource providing a financial solutions for the cannabis industry. A former real estate developer from Philadelphia who is no stranger to raising capital, he's using his skills to help companies in the legal cannabis industry that are being denied basic business services. David is building Kind Financial to be the "GE Capital" of the legal marijuana industry. Follow him on Twitter @daviddinenberg.

Click here to go to read on CNBC.com

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Apr14 2015

Reuters features TrimTabs Investment Research data showing record inflows

 Reuters logo grey orange

Global equity funds inflows tracking to record: TrimTabs

(Reuters) - Global equity mutual and exchange-traded funds have so far this year pulled in net inflows of $81.5 billion, putting them on track to beat a four-month record high of $86 billion set nine year ago, TrimTabs Investment Research said on Tuesday.

Global equity mutual funds and ETFs surged to a record $34.8 billion in March, edging past the previous monthly record of $34.4 billion in January 2013, TrimTabs data showed.

These funds raked in $14.8 billion this month through Friday, and look likely to have the best four-month run of inflows since December 2005 through March 2006.

“U.S. investors continue to follow the printing presses into European and Japanese equities,” said David Santschi, chief executive officer of TrimTabs.  “A record that has been held for nine years is almost sure to fall.”

Buying has been heaviest among European funds, Santschi said.

(Reporting By Michael Connor in New York; Editing by Ted Botha)

 Click here for more on Stern & Co.'s work with TrimTabs

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Dec7 2012

BNN “What’s Behind the Numbers” Best Investment Book of 2013

Click on the video below to watch John Del Vecchio discuss "Best Book of 2013 - What's Behind the Numbers?  A Guide to Exposing Financial Chicanery".  He discusses some of tips and techniques from the book for protecting ones portfolio and disabuses of some traditional investing strategies.

 

 

 

 

http://watch.bnn.ca/#clip822360

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Nov15 2012

Index Universe Q&A with Ranger’s Del Vecchio: A Forensic Indexer

John Del Vecchio, forensic accountant and co-portfolio manager of the Ranger Equity Bear ETF (NYSEArca: HDGE), has a new book out that puts indexing in a favorable light, but with a few important twists. Del Vecchio told IndexUniverse.com

Correspondent Cinthia Murphy that owning swaths of the market is the only way to preserve returns in a world full of vagaries that can torpedo the most established of companies. But that doesn’t mean he buys into traditional market-capitalization-weighted methodologies.
 
Read the entire Q&A here  - He discusses the key concepts behind that fund in his book “What’s Behind The Numbers?” (McGraw Hill) ,arguing that applying forensic accounting and focusing on earnings quality allows him to find value stocks while excluding accidents that are waiting to happen.

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