High Performance Investing

This is how the high performance investing should be – above average, despite very tough market or weather conditions. Yet, hedge funds’ performance rarely exceeds average over long term…

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    The Future Of Financial Controlling (2) – More Definitions

    Well, I decided to come back with a few more definitions abut the finance controllers. For example, the free dictionary goes for the classical way: “The corporate manager responsible for the company’s accounting activities. Sometimes referred to as the comptroller (which means the same thing).” Well, yes, it is broad and narrow in the same time, something that executive recruiters tend to like. But is a controller just the accounting steward of the company.

    Maybe in the past he/she was. The controller was the specially trained accounting marine who came in as an ex-internal auditor and started to dig around to find how the accounting processes can be fixed and upgraded with minimal costs.

    But now the role has changed dramatically. So what is primarily a controller – a finance business partner, a gatekeeper, or a super-accountant? What do you think?

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      Using Leverage with Forex

      Using Leverage with Forex

      What is leverage?  Leverage is the use of borrowed capital, such as margin, to increase the potential return of an investment.

      In Forex trading, leverage is used to significantly increase the returns on a currency pair trade. By using ‘borrowed’ money to increase the amount you can trade you can come out with a greater profit from the fluctuations in exchange rates between two different currencies. Forex brokers offer the highest leverage rates available in any investment market.

      Win Some, Lose Some

      Of course, this ability to earn profits over and above the amount of money you started out with can also work against you. If your trade goes in the opposite direction of the one you anticipated, you can lose not only the money you had on deposit in your account but the leveraged money as well, putting you in deep debt and in a bind to recoup the leveraged money.

      There are ways to safeguard against losing all your money. Read more

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        Divisional Finance Controller Role in a Multinational Company – A Presentation and Introduction to the Job Description and Speficities

        Finance controller's job is to watch the money flow.

        Finance controller’s job is to watch the money flow.

        In the last months I was approached multiple times with the same question – what is a divisional finance controller doing in his/her job in the real life? How is it to be in charge with the financial management of a line of business for a multinational complex organisation, for a specific geography? What are the responsibilities of a divisional finance controller? What are the bosses or the peer expectations from a division finance controller? How should a divisional finance manager or controller approach his new appointment when they are nominated for such a job?

        I tried to search the web and well… I was disappointed. A simple web search for the expression “divisional finance controller job description” returned no meaningful matches on multiple search engines (google, bing) etc. Then I refined my search and went directly on the websites of the recruitment agencies which specialize in commercial finance (Michael Page, Robert Half, Manpower – to name just a few). And again, I was disappointed, as these recruitment agencies had some basic information (short job description, salary ranges, some minor points from the interviews), but nothing so comprehensive.

        The question from a novice asking what is a divisional finance controller doing and what is he/she doing in the daily practice remained unaswered. Which is a bad thing, because the regional/commercial finance management jobs are not only well paid (usually Read more

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          Why funeral plans represent the shrewdest of investments

          wpid-IMAG2654.jpg It isn’t always easy to juggle the family finances, especially at times when the economy isn’t as strong as it could be. We all want what’s best for our loved ones, and to be able to provide a platform that offers security for everyone. The rising cost of just about anything from carrots to cars makes it even more difficult to remain on an even keel every year.

          One area which often stays overlooked is the provision of sufficient money to pay for a funeral. Anyone who passes away suddenly leaves their family members in an understandable state of grief, of course, but this grief is made all the harder if those who survive are unable to afford a decent send-off. The added pressure is difficult to deal with. Read more

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            The Future Of Financial Controlling (1) – Defining the Commercial Finance Controller Job

            Finance controller's job is to watch the money flow.

            Finance controller’s job is to watch the money flow.

            Looking how the commercial finance functions have developed in the last 15 years, one cannot pass easily over the ascent of a new breed: the finance controller. Nowadays almost every multinational company has one individual who acts as an interface between the business and its numbers/accounting functions. We talk here about the controller, that strange animal who is neither a finance manager nor a finance director or accounting manager, but a bit of everything.
            This controlling blog that doitinvest.com starts here tries to capture just that paradox: how has it come that controlling became such an important function in the multinational companies? What is the role of the controller? How can she or he evolve professionally and as a business partner to add better value to the employers? How can we mitigate the stress and the high turnover associated with the jobs of our finance controllers?
            Today we will start our controlling blog series with a(n apparently) small question – what is a finance controller?
            About.com, which is a dominantly US site, defines a finance controller job as the budget gate-keepers – in other words as the persons who control the financial flow of funds through the organization. As such, a finance controller is both a gate keeper (in a sense that he/she elaborates and implements the accounting and safeguarding policies of the company) as well as a master financial analyst of the relevant data flows in the corporations. Read more

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              “Global Dexterity” by Andy Molinski – A Harvard Book Review


              When you work in an international environment, it is very easy to forget how complicated is to deal with different cultures. “Global Dexterity – How To Adapt Your Behavior Without Loosing Yourself in the Process” comes to correct this forgetting – before you can do some irreversible damage to your cross-cultural relationships.

              As usually, a Harvard Business Review Press book comes with two main strong points:

              -          A highly knowledgeable expert author  -  in this case Andy Molinski, a professor specialized in cross-cultural communication and

              -          Lots of practical study cases which should illustrate powerfully each demonstrated point.

              “Global Dexterity”does not simply state some facts and then demonstrates them – it actually assumes that managing  cross-cultures is a skill which can be taught and developed into a concept of … global dexterity. As such, it offers a meta-framework – namely a conceptual framework which can be applied various cultures and help you adapt quicker and better to the new environment. This is what I actually liked about “Global Dexterity” – you can take it as a light case-study handbook or you can advance and practice the mastery of the new method to new levels. Read more

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