-->

By

A banker turned social finance entrepreneur. Liu-Yue built and managed two social enterprises. Liu-Yue founded Oxstones Investment Club a searchable cloud-based content platform for knowledge sharing and financial education. Oxstones.com also provides global investors with direct access to U.S. commercial real estate investment opportunities and other alternative strategies. In addition, Liu-Yue also co-founded Cute Brands, Inc. Cute Brands is a cause-oriented character-based brand licensing and social impact fund that creates social awareness on global issues and societal challenges through character creations. Prior to his entrepreneurial endeavors, Liu-Yue worked as an Executive Associate at M&T Bank in the Structured Real Estate Finance Group where he worked with senior management on multiple bank-wide risk management projects. He also had a dual role as a commercial banker advising ultra high net worth clients on investments, credit, and banking needs while focused on residential CRE, infrastructure development, and affordable housing projects. Prior to M&T, he held a number of positions in emerging markets bonds and Latin American equities investment groups at SBC Warburg Dillon Read (Swiss Bank), OFFITBANK (the wealth management division of Wachovia Bank), and in small cap equities and special situation investing at Steinberg Priest Capital Management (family office). Liu-Yue has an MBA specializing in investment management and strategy from Georgetown University and a Bachelor of Science in Finance and Marketing from Stern School of Business at NYU. He also completed graduate studies in international management at the University of Oxford, Trinity College.







By Macromon, Global Macro Monitor,

Once upon a time currencies had intrinsic value.

Ever wonder where the term “buck” comes from?

As in “you owe me 100 bucks for our bet the Golden State Warriors would sweep the Cleveland Caviliers in the 2017 NBA Finals?”

Animal Skins

Animal skins have a surprisingly important history as currency in different parts of the world.

In Russia and Finland, squirrel pelts were a key medium of exchange during medieval times. Even today, the Finnish word “raha”, which now refers to money, originally meant the “fur of squirrel”.

In North America, the European settlers and First Nations tribes found skins to be one commodity they both agreed had value.

In 1748, Beaver pelts became the “standard of trade” in the north. One pelt could buy two pounds of sugar.

Lastly, the use of buck skins in trade gave rise to “buck” as a slang word for currency, which we still use to describe dollars today.  – Visual Capitalist

.

Buck_June4

Or how about the etymology of the term “salary” or the phrase “not worth his salt?”

Salt

The importance of salt to ancient civilizations cannot be understated. The first written record on salt appears in 2700 BCE in China.

Salt was highly valued for food preservation, but its production was very limited. As a result, in many places of the world, salt was used as currency.

  • As early as the 6th century, Moorish merchants in sub-Saharan Africa routinely traded salt and gold at the same value per ounce.
  • In what is now modern-day Ethiopia, slabs of rock salt were used as coins. Each coin was 10 inches long and two inches thick.
  • Salt was also used as pay soldiers in Ancient Rome. This became known as “solarium argentum”, from which we now derive the word “salary”
  • A soldier’s salary was cut if he was “not worth his salt”, a phrase that still exists today. – Visual Capitalist

Salt_June4

http://wp.me/p14UId-aed

 

Be Sociable, Share!
Tags: , , , , , , , , , , ,

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

Subscribe without commenting









Loading...
Join Oxstones Investment Club's Daily Newsletter