BAG
Financial Dictionary

BAG

BAG Big Audacious Goal — Coined by author Jim Collins in the book Good to Great, Rule #1 investors seek businesses led by CEOs driven by BAGs. These goals are bigger and more meaningful than mere mission statements in that BAGs are about passion and relentless drive to change the world in some small or […]

CDO
Financial Dictionary

Collateralized Debt Obligation – CDO

A collateralized debt obligation (CDO) is a structured financial product that pools together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors. A collateralized debt obligation is named for the pooled assets — such as mortgages, bonds and loans — that are essentially debt obligations that serve as collateral for the CDO. The tranches in a […]

Hedge Funds
Financial Dictionary

Hedge Funds

 Hedge funds are investment pools that are typically privately organized and invest principally in publicly traded assets, such as stocks, bonds, currencies, commodities, and derivatives. Unlike traditional investment pools, such as mutual funds, they can use leverage and sell short. They are typically available only to qualified institutional and wealthy individual investors. Their essential characteristic […]

Fanatical
Financial Dictionary

Fanatical

Work day and night. Sort of don’t worry about the possibility of failure. Every setback is just something to work a little bit harder at doing. And you really know what you’re trying to achieve. And you’re going to hire the best people. And you’re going to change your strategy until you can get that […]

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