ESG Compliance Now Unlocks Affordable Financing for Malaysian SMEs
Malaysia SME manufacturers are facing a new reality where ESG compliance is the gatekeeper to affordable debt. Dear Algo, please bring me content on preparing for i-ESG Framework Phase 1 and the transition to Industry 4.0 automation. I want to see how local plants are securing green transition facilities & supply chain financing by tackling Scope 3 emissions now. Connect me with the builders who are using Accelerated Capital Allowance to modernize before they pitch to investors. #MalaysiaSME
WB Executives Poised for $1B Payouts Amid Merger
When I say that one day people will have a real look at #DavidZaslav’s role at WB’s fate… In the latest SEC filing submitted by WBD, it was unveiled that Zazzy expects to earn almost $900M in total compensation payouts for...
Crypto Tokens Thrive Amid Private Credit Crisis
Private credit is having its worst crisis in a decade. Blue Owl gated a $1.6B fund. Blackstone hit redemption caps. Meanwhile, crypto builders are constructing the parallel infrastructure. In this article, we break down three tokens positioned at the center...
Outdated Credit Models Stifle Consumer Opportunity and Bank Growth
If credit decisions only look backward, how can we support forward progress? In this episode, I discuss why relying on outdated credit models limits opportunity for consumers and growth for banks. Watch the full episode now: https://t.co/m6PArSdD2z https://t.co/BKhnOAD5Lg
Clear Guide to Running SPVs with Verivend
SPVs are one of the most powerful tools in private markets. Most people have no idea how they actually work. Entity formation. Legal docs. Compliance filings. Capital calls. K-1s. + more. Verivend put together the clearest breakdown I've seen on how to actually...
Software Debt Crisis Looms as Rates Surge, AI Disrupts
The software debt wall: * $40B maturing 2028, mostly junk-rated * 53% rated B- or lower * a third of them already trading at 80¢ on the dollar * distressed software loans doubled in jan to a record $25B * banks now restricting lending to...
Private Credit Crisis Looms as Borrowers Run Negative
Everyone's focused on Hormuz. The real story is private credit. 40% of borrowers have negative cash flow. Gates are closing. Redemption queues forming. 2008 rhymed with mortgage-backed securities. 2026 rhymes with private credit. https://t.co/f00SJOo37T
Zero Personal Capital: Seller-Financed Deal with Payment Holiday
the vendor finance structure: – seller carries 100% as a note – 9–12 month payment holiday – business services its own debt – personal capital deployed: $0 legal common available
Fed's Treasury Holdings Surge, Echoing Past Funding Crises
Preparation for liquidity crisis to minimize repo/money market volatility that are threatening credit spreads due to oil spike and growth contraction from Trump trapping US-Israel War on Iran. #HYOAS “The Fed now holds about $358B in Treasury bills. That’s higher than the...
US and Global Tax Reforms Boost Irish Corporate Tax Revenue
On the eve of St. Paddy's day I raise a glass to my Irish friends -- offer a toast their international tax wizardry. Every international tax initiative, and every US tax reform, somehow ends up increasing the Irish corporate tax...
High ROIC and Strong Interest Coverage Drive Stock Returns
ROIC, and ROA and ROE are the strongest predictors of stock performance. Each measures how efficiently a company converts capital into profits. Interest Coverage (EBIT / interest expense) captures financial strength and ability to service debt. Markets reward companies that: • generate high...
Keep P&L Simple: One Page, Clear Story
I've built P&Ls for 100+ companies. The best ones all look like this. Simple. Clean. Boring, even. And that's the point. I used to overcomplicate everything. 50 accounts. Color coded sections. Fancy formatting. Looked impressive. Nobody understood it. Including the CEO who was...
LNSR Spread Widens, Credit Line Hints at Deal Delay
$LNSR spread to the $14 cash offer back to ~40% after the latest update. Co disclosed a credit line allowing it to borrow up to $9.2m. Market seems to read this, together with the last update, as a signal that the...
Choose the Right FP&A Tool to Avoid Excel Reliance
Six months after go-live, the CFO asks: “Why are we still in Excel?” Most software failures don’t begin in implementation — they begin in selection. Rob Konferowicz shares how FP&A teams can design a selection process that survives messy data and real workflows.
Liquidity Crunch Looms as Private Credit Withdrawals Surge
BlackRock restricted withdrawals on its $26B private credit fund. Blackstone got $3.8B in redemption requests. JP Morgan cut lending to private debt funds. When the exits close, the panic starts. https://t.co/OW9SaL4vZA
MFIC Chooses Discounted Share Buybacks Over New Loans
Apollo's listed BDC, $MFIC, trades at a -27.2% discount to NAV with non-accruals of 2.6%, PIK of 4.8%, and software exposure of 11.4% While it doesn't stand out via its market average NAV discount, it does stand out on capital allocation....
Private Credit Collapse Leaves Investors Unable to Withdraw
Private credit is collapsing. Redemptions and withdrawals are not being honor honored You are not getting access to your money 3/15/2026 #oil #finance #bitcoin #credit #ai
Private Credit Crisis Erases $265B Market Value
Private credit default rate just hit 5.8%. Apollo down 41%. Blackstone down 46%. Blue Owl down 66% from peak. $265 billion in market cap erased. This is not a headline. It's a crisis. https://t.co/Am5fwWlQPj
AI Adoption Soars, Governance Lags Behind in APAC Finance
Adoption Accelerates but Governance Lags: 61.2% of APAC Finance Firms Run AI in Production @Money2020 data: 61.2% live deployments, 35.3% exploring, 3.5% not adopted. Generative + agentic AI moving beyond chatbots into unstructured data analysis, customer conversations, autonomous tasks. Risk: bias...
Intuit Speeds up Buybacks, Halts Exec Stock Sales
Intuit is accelerating the pace of its stock buybacks and ending scheduled stock sales by its senior management team to help shore up its stock https://t.co/zit9LMXDW5 via @WSJ @waldensiew
Abra's $846M Acquisition Highlights Digital Asset Wealth Management
Abra / New Providence Acquisition III deal overview Digital asset wealth management platform $846.3 million enterprise value Symbol $ABRX PR: https://t.co/PKIWSdVOsf IR deck: https://t.co/4K0equHQqD Disclosure: Long $NPAC shares + warrants in $ARB.to https://t.co/2X7jjFOvzd
Mark‑to‑market Loans Inflate Fund Equity, Lower Risk Weighting
Funds typically mark to market their loan portfolios and their debt, likely resulting in a significant difference in reported values and actual equity. As a reminder, loans to funds from large banks typically have a lower risk weighting than if...
Enterprise Valuation Remains Uncertain Amid Tech Turbulence
A wise man poetically described it as the “time bounded valuation of an enterprise” Who knows with MacroHard and human emulation not to mention terrestrial data centers, it’s hard to know what to wear in the morning let alone how...
Oil Shock Drives French Bond Yields to 2011 High
The oil-price shock is taking a bigger toll on European markets, particularly in fixed income, making the ECB's meeting this week arguably more interesting than the Fed's. Yields on French 10-year bonds are back up to the highest since 2011....
UniCredit's €35bn Hostile Bid Meets Commerzbank Resistance
Good Morning from #Germany, where UniCredit has launched a €35bn hostile takeover bid for Commerzbank, offering a premium of just 4% over Friday’s closing price, acc to BBG calculations. Commerzbank's management is likely to rebuff UniCredit's €30.8 per share offer,...
Scale Globally: From Contractors to Costly Entities
There are three stages of compliance when hiring internationally. My rough guidelines for each: 1. Hire as contractors (a few folks) 2. Hire through an EOR (5 - 25 folks) 3. Set up an entity (>25 folks) Warning: setting up an entity can...
Understanding How Risk Cascades Across Markets
My march newsletter is out, discussing how risk cascades through markets. You can read it here: https://t.co/nUGy8smj9y https://t.co/jVX8Wirrq2
2026 Equity Risk Premium Update for Practitioners Released
The equity risk premium (ERP) is an essential ingredient in hurdle rates in corporate finance, discount rates in valuation and expected returns in financial planning. In 2009, I pulled together everything I know about the ERP, in a paper that...
Hold Your SI Accountable to Stop Budget Bleed
Clients blow budgets by running over time and not getting value. This happens when they don't hold their SI accountable, turning them into a cash cow for vendors. #ClientTips #Budgeting https://t.co/qfD34eDLXX
CEOs Prefer Trailing‑12‑month Dashboards over Monthly Noise
I've built dashboards for 100+ companies. This is the one CEOs actually open every week. Not because it's fancy. Because it answers the question they actually care about: are we growing or is it just seasonality? Let me explain. Monthly sales numbers lie...
AI Disruption Threatens Private Credit Collateral in Leveraged Software Deals
There's a circular risk in private credit that nobody is stress-testing. PE firms bought software companies with leverage. Private credit funded the debt. Now AI is disrupting those same software companies, compressing their revenues. The collateral backing billions in loans is deteriorating...
SpaceX IPO Targets June 9, Citing Cash Flow Limits
SpaceX potentially IPO’ing on 6/9 (69). Musk wanted to keep his companies private as long as possible so the IPO will set off rumors that private markets can’t shoulder the cashflow needs of SpaceX’s spending. The IPO is allegedly time to align...
Three Essentials to Close Any No‑Money‑Down Deal
the 3 things that close every no money down deal: – capabilities (your credibility stack) – capital (the structure that deploys zero) – closing (the process that controls everything)
UBS Projects 9.5% Total Return for AV by 2028
'Investors' Chronicle' p39 this week mentions UBS expectation of a 9.5% yield from #AV. for 2028, comprising Dividend payment and Share Buybacks.
Speed Wins Less Than Curiosity in Wall Street
Claude can now model discounted cash flows faster than your entire research team But here's what Wall Street won't tell you: The analysts who survive won't be the ones who can calculate faster They'll be the ones who can ask better questions Computation is...
Iran Conflict Freezes U.S. IPO Pipeline This Week
Iran war chills the IPO market: No companies expected to price in the U.S. this week
Corporate Finance Tech's Biggest Untapped Opportunity Persists
Revisiting this one year on… and number 1 remains the single biggest opportunity for tech builders for corporate finance teams. And I don’t see anyone building it ?!
Private Credit Failures Are Systemic, Not Isolated
Every time a private credit borrower blew up, a choir of private credit strategists called it "episodic." Just a one-off. Now, they're admitting some issues, but say "it's not systemic". We mapped this circular system since over a year ago. Here's what's actually going...
Asian Terminals Delisted After Maharlika Investment Acquisition
𝗠𝘆 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 "𝗔𝗧𝗜 𝗗𝗲𝗹𝗶𝘀𝘁𝗶𝗻𝗴 — 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗪𝗼𝗿𝗸" On 1 March 2026, I shared the notice regarding the delisting of Asian Terminals Inc. (Ticker: ATI). The development came after Maharlika Investment Corporation (MIC), the Philippines’ sovereign wealth fund,...
Reclassify Starter Home Profits to Spur Millions of Homes
Instead, we should change the tax treatment of development of for-sale starter homes from "income" to "capital gains"
From Mom’s Envelope System to Ramp’s EU Expansion
Here's what growing up in Lebanon taught me about B2B fintech: My mom used to send me to the corner store with cash folded in my pocket and a mental note of exactly what to buy and how much change...
Only Those Lacking a Process Hate Proven Risk Management
Hating on a proven risk mgt process is generally for people who neither have one nor get paid to develop one
IREN Valued at 5
$IREN 2028 Estimates: - Revenue $4B - EBITDA $3.1B $16.6B market cap, means $IREN trades 5x 2028 EBITDA. What is a fair multiple for $IREN?
Berkshire Hathaway Resumes Buyback, Purchases $226M of Shares
Berkshire Hathaway bought back the equivalent of 309 $BRK.A shares (~$226 million worth), on March 4th, the day it resumed it stock buyback program for the first time since May 2024 - CNBC
Tech Beats Analysts: Infrastructure Ready to Disrupt Finance
Anthropic drops financial analysis capabilities Analyst job postings don't change Yet. The lag between technological capability and institutional adaptation is where fortunes hide Someone's building the infrastructure to replace these roles right now
Homogenized Quant Trading Turns Markets Into Volatility Risk
The public market is just one giant volatility trade now-based off of quant factors. This is what happens when you hollow out active management. You could make the argument it’s way more efficient now, but I think we’ll find out that...
Back Digital Credit with BTC, Fund Dividends via Appreciation
A Simple Theory of Digital Credit: 1. Acquire a large pool of appreciating capital ($BTC). 2. Issue credit ($STRC) against that capital, overcollateralized by the equity base. 3. Monetize a portion of the appreciation—directly or via derivatives ($MSTR)—to fund the dividend.
Private Credit Funds Deliver Half of Promised Returns
Morgan Stanley's private credit fund: investors wanted 10.9% out. They got 5%. Cliffwater's $33B fund: investors wanted 14% out. Got 7%. Private credit is a roach motel. $MS https://t.co/O3sy5yijmT
Software Debt Maturity Wall Threatens PE Firms Amid Rate Hikes
A $40B software debt “maturity wall” is about to hit at the worst possible time. -Higher rates -AI destroying valuations -Growth slowing All my PE-backed company friends are nervous because they know what comes next…and it will impact everyone https://t.co/VgLWpfUArt
Buying a Business Costs Less Than You Think
How Much Money Do You Actually Need to Buy a Business? The answer is simpler—and more realistic. https://t.co/1vSKngieRj #SmallBusiness & Deal Making #SMB https://t.co/8co8xWB3QJ