O International Accounting Standards Board (IASB) publicou um documento respondendo a perguntas relacionadas à aplicação da IFRS 16 'Leasing' durante o período de maior incerteza econômica decorrente da pandemia do COVID-19. Em sua próxima reunião, o IASB discutirá mais o assunto e também considerará datas efetivas, períodos de consultas e datas de publicação em geral.
Link aqui. O Iasb pode discutir a postergação da data de vigência de alguns pontos. Via aqui
11 abril 2020
Negociar ações é perigoso para o seu patrimônio
Resumo:
Individual investors who hold common stocks directly pay a tremendous performance penalty for active trading. Of 66,465 households with accounts at a large discount broker during 1991 to 1996, those that trade most earn an annual return of 11.4 percent, while the market returns 17.9 percent. The average household earns an annual return of 16.4 percent, tilts its common stock investment toward high-beta, small, value stocks, and turns over 75 percent of its portfolio annually. Overconfidence can explain high trading levels and the resulting poor performance of individual investors. Our central message is that trading is hazardous to your wealth.
“Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors," with T. Odean, Journal of Finance, vol.55, no.2, pp.773-806, April 2000.
Individual investors who hold common stocks directly pay a tremendous performance penalty for active trading. Of 66,465 households with accounts at a large discount broker during 1991 to 1996, those that trade most earn an annual return of 11.4 percent, while the market returns 17.9 percent. The average household earns an annual return of 16.4 percent, tilts its common stock investment toward high-beta, small, value stocks, and turns over 75 percent of its portfolio annually. Overconfidence can explain high trading levels and the resulting poor performance of individual investors. Our central message is that trading is hazardous to your wealth.
“Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors," with T. Odean, Journal of Finance, vol.55, no.2, pp.773-806, April 2000.
Barça e superfaturamento
Uma grave crise está ocorrendo no clube de futebol Barcelona. Recentemente, o presidente do clube (fotografia) foi acusado de contratar uma empresa para divulgar notícias negativas de alguns jogadores. O presidente disse, depois, que a empresa contratada não está agindo a mando dele.
Agora, seis diretores renunciaram. E pediram que o presidente saía do cargo. O motivo é desvio de dinheiro. A empresa PwC foi contratada para fazer uma auditoria:
Os seis demissionários pediram por uma investigação sobre o caso, que foi chamado de Barçagate. Uma auditoria chegou a ser feita pela Price Waterhouse Cooper e os demissionários exigem que o trabalho seja concluído e divulgado. Esperam que a empresa conclua quem errou e que o dinheiro seja devolvido aos cofres do clube.
O ex-vice-presidente do clube sugeriu que o próprio contrato com a empresa de mídia estava superfaturado.
O antigo presidente do clube, Sandro Rosell, chegou a ficar preso quase dois anos.
Agora, seis diretores renunciaram. E pediram que o presidente saía do cargo. O motivo é desvio de dinheiro. A empresa PwC foi contratada para fazer uma auditoria:
Os seis demissionários pediram por uma investigação sobre o caso, que foi chamado de Barçagate. Uma auditoria chegou a ser feita pela Price Waterhouse Cooper e os demissionários exigem que o trabalho seja concluído e divulgado. Esperam que a empresa conclua quem errou e que o dinheiro seja devolvido aos cofres do clube.
O ex-vice-presidente do clube sugeriu que o próprio contrato com a empresa de mídia estava superfaturado.
O antigo presidente do clube, Sandro Rosell, chegou a ficar preso quase dois anos.
Nudismo em tempos de Covid-19
Com o crescimento do número de pessoas infectadas, as autoridades tchecas passaram a exigir que as pessoas usassem máscaras de proteção. Mesmo aqueles adeptos do nudismo estão sujeitos a regra e podem ser punidos se não estiverem com a boca protegida. Nudismo ainda pode ser praticado, mas com máscara de proteção.
10 abril 2020
Imprimir dinheiro não é solução para o Brasil
Neste momento de crise, muitos, no Brasil, têm defendido que o Banco Central expanda a quantidade de moeda para enfrentar os problemas. Essa...
Leia mais em https://braziljournal.com/nao-podemos-transformar-esta-crise-numa-longa-depressao
Leia mais em https://braziljournal.com/nao-podemos-transformar-esta-crise-numa-longa-depressao
Covid-19 e o monopólio da Amazon
The home confinement forced on most Americans by Covid-19 has created a new dependency on internet-based services for work and for play. Although using a variety of applications gives many users the sense that they are supporting many different companies, this is a façade.
This new normal represents a near-total dependence on Amazon’s cloud-computing operation, Amazon Web Services (AWS), and places a substantial portion of our professional and social lives in the hands of a private monopolist.
The internet-based services enabling remote work and play have experienced unprecedented growth because of Covid-19 restrictions. Netflix’s new subscriber growth increased by 47 percent over the past month. The communications platform Slack added 2.5 million additional users in just one week, and the videoconferencing software Zoom was downloaded by more than 600,000 new users in one day last week and has recorded a 21 percent increase in users since December.
But these three booming applications—and many others like them—all depend on the cloud computing power of AWS. In essence, AWS lets any company outsource its computational and storage needs, to save it the expense of buying its own equipment.
And the coronavirus outbreak has made AWS more indispensable than ever. Zoom, Slack, Netflix, Reddit, and Twitter all depend on AWS for their operations. Furthermore, General Electric, Apple, and Yelp also significantly depend on AWS, paying Amazon what are essentially digital rents for the use of the AWS computer infrastructure. Apple alone pays Amazon $30 million per month for AWS. Even government agencies rely on and utilize AWS for critical aspects of their services.
The success of AWS has made the division Amazon’s most profitable operation. The most critical sector in the cloud computing market is the Infrastructure as a Service (IaaS) sector, which supplies clients with computer servers, data storage, and networking hardware.
This new normal represents a near-total dependence on Amazon’s cloud-computing operation, Amazon Web Services (AWS), and places a substantial portion of our professional and social lives in the hands of a private monopolist.
The internet-based services enabling remote work and play have experienced unprecedented growth because of Covid-19 restrictions. Netflix’s new subscriber growth increased by 47 percent over the past month. The communications platform Slack added 2.5 million additional users in just one week, and the videoconferencing software Zoom was downloaded by more than 600,000 new users in one day last week and has recorded a 21 percent increase in users since December.
But these three booming applications—and many others like them—all depend on the cloud computing power of AWS. In essence, AWS lets any company outsource its computational and storage needs, to save it the expense of buying its own equipment.
And the coronavirus outbreak has made AWS more indispensable than ever. Zoom, Slack, Netflix, Reddit, and Twitter all depend on AWS for their operations. Furthermore, General Electric, Apple, and Yelp also significantly depend on AWS, paying Amazon what are essentially digital rents for the use of the AWS computer infrastructure. Apple alone pays Amazon $30 million per month for AWS. Even government agencies rely on and utilize AWS for critical aspects of their services.
AWS is the dominant market leader in the industry, with a 48 percent market share in the IaaS sector, more than triple that of its closest competitor, Microsoft.
Amazon has used its dominant market share in various anti-competitive ways that choke competition. Amazon’s computer infrastructure provides it the ability to essentially spy on its competition.
Amazon has used its dominant market share in various anti-competitive ways that choke competition. Amazon’s computer infrastructure provides it the ability to essentially spy on its competition.
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