Thoughts
- ETFs and voting power
Smoking gun: There are N shares of QQQ, which represent a portfolio of $V, with a vector of stock quantities and companies.
At the end of the day, Black Rock votes for its interests and since it has a different investment horizon than a Retail investor or even other large agents, their interests are not maximized.
Solution: Transmit the will of holders through representative voting
Background:
Simple math:
Investors seek to maximize ?
See if it’s achieved better with a vote
- Perpetual derivatives wtf!
- Smart contracts and efficient market hypothesis.
Smoking gun: Grupo Homex caused a value loss of XXXX for XXX Mexicans due to the lack of transparency in their accounting reporting standards.
What to do? Program the NIFs and report in real time
See if it’s cost-efficient to implement it
Thoughts
1. ETFs and Voting Power
Smoking gun: There are N shares of QQQ, which represent a portfolio of $V, with a vector of stock quantities and companies.
At the end of the day, Black Rock votes for its interests and since it has a different investment horizon than a Retail investor or even other large agents, their interests are not maximized.
Solution: Transmit the will of holders through representative voting
Background:
Simple math:
Investors seek to maximize ?
See if it’s achieved better with a vote
2. Perpetual Derivatives wtf!
3. Smart Contracts and Efficient Market Hypothesis
Smoking gun: Grupo Homex caused a value loss of XXXX for XXX Mexicans due to the lack of transparency in their accounting reporting standards.
What to do? Program the NIFs and report in real time
See if it’s cost-efficient to implement it
These thoughts were shared with Guillermo Zamarripa as material to evaluate the direction of the thesis. See Smart Financial Contracts for the full context and the BYOB proposal for the idea of “being your own bank”.