Galit sa Gulay – A Case Study

Suppose I wanted to invest in a fancy, money-losing carinderia–Aling Maria’s Carinderia. I can either lend it money i.e. invest in its DEBT (in which case I become a creditor), or buy its shares i.e. invest in its EQUITY (in which case I become a pro-rata owner). Hmm, ano kaya? I really want to invest […]

Substance matters in an economic crisis

Equity. It is that ethereal quality of an entity — be it a person, a business, or an entire society — that spells the difference between the authentic and the pretentious, the sustainable and the fleeting, the substantial and the shallow. When you think “America” what comes to mind? Most likely it will be names […]