Friday, July 07, 2006

securitize this

Talking of patent trolls, why don't we have companies securitizing their patents.

The move to synthetic and hybrid securities, makes me wonder will we also see the days where a given security (say, stocks) will be decomposed into its constituents and traded independently. Say, a company's brand-name, strength of their ip and so on.

I predict a big industry around this solely because of the profits it can bring to the investment banks that can underwrite it and the research departments that will trumpet them.

Sounds dumb to me right now, maybe when thinking of it as incentives-driven it makes sense?!.

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