I am a physician, currently practicing as an Anesthesiologist. My other passions are finance and investments. As of 2013, I have passed all three levels of the Chartered Financial Analyst (CFA) exams, all in my first attempts. I received my Masters of Business Administration degree in 2008. I received my certification as a securities specialist from the Philippine Stock Exchange in 2009.
Imitation is the best form of flattery. I’m sure this does not apply to trademarks and other intellectual properties. The Comme Des Garcon “GDG” Play line of apparel and accessories – specially the ones with the “heart face” – has been around for many years (since 1999 actually). However, it is only in recent months when I have seen a heavy presence of these CDG Play shirts.
In the years following the financial crisis of 2008-2009, due mostly to quantitative easing (or QE… most people know QE as “bailout”), stock prices became highly correlated. This made it difficult for investors to gain alpha through stock picking. Since the US Federal Reserve announced the end of the QE programme, stocks are starting to become less correlated. Analysts expect stock correlation to drop even more and stock volatility to increase in 2015. Stock pickers (the good and the lucky) may be picking up alpha as well.