Disclosure and Media Development Background: Parish & Company maintains no speculative investments in the health care companies discussed and does not collaborate with any private equity or hedge funds. It's goal is to identify high quality health care opportunities suitable for long term oriented investment. This effort includes providing high quality news material to leading … Continue reading Private Equity and Hedge Funds Employ Enron’s Tricks to Manipulate Health Care Grid
Disclosure: This post is the first of several regarding the 2016 Presidential candidates. One post will be done on each major candidate and the focus will be their primary financial backers and their respective foundations. Bill Parish maintains no ties to any candidate nor does he have knowledge of any client owning positions in private … Continue reading Blackstone’s Tony James and Renaissance Technologies Jim Simons, Top Financial Engineers, Back Hillary Clinton Campaign
Note: Analysis of Bain Capital Profit Sharing Plan in Separate Post A leading reporter recently asked me to take a look at Mitt Romney's 502 page tax return. What resulted was a fascinating journey that will hopefully initiate a common sense dialogue on needed tax reforms. Newt Gingrich's return was also analyzed, yet revealed no substantive tax policy issues. To be clear, I am a strong critic of large private equity and hedge fund "buyout" firms. To me they are clearly no more than sophisticated tax deduction pyramid schemes. Others might argue they are the very definition of crony capitalism and via "club deals" are creating abusive monopolies that are destroying open markets. That said, it is also true that these large private equity firms pay very close attention to my work and jokingly refer to me as Sherlock's Sherlock when it comes to financial analysis. So here we go.
Note: Mitt Romney Tax Return Analyzed in Separate Post As an investment advisor I have found reviewing a company's pension plan to be a good indicator of the sponsoring company's quality of management. These pension plans are all available for viewing at http://www.free5500.com via required annual 5500 ERISA filings. The filings show not only show … Continue reading Bain Capital Profit Sharing Plan Likely Reveals How Romney Built IRA