|· What is Karma?|
Karma - from the root Sanskrit kri, "to do"- is the means by which you become the architect of your own destiny. The word karma literally means deed, but implies the entire cycle of cause and its effects. According to the law of karma, every human action -in thought, word, or deed - inevitably leads to results or consequences, good or bad, depending upon the quality of the action.Top
Karma Banque hopes to bring karmic justice to socially irresponsible companies. What goes around, comes around.
|· Is Karma Banque a bank?|
Karma Banque is virtual bank. Before Karma Banque, dissent had no way of being 'monetized' in the modern capitalist system. Thanks to Karma Banque's unique method of reorganizing popular stock market metrics such as price to sales, and price to earnings; new yardsticks of comparison and analysis have been created such as Karma Banque's Boycott Profitability Ratio (BPR), and KbQ Index. Top
Virtual securities and currencies make their presence known in the 'concrete' world of Wall Street when anarchists, and activists act in accordance with the guidelines created by Karma Banque.
Real world corporations who suddenly discover huge short-sale positions accumulating in their stock quickly enact policies that reward Karma Banquers back in dollars and cents for their participation in Karma Banque's virtual, and virtuous economy.
|· Are you guys against capitalism?|
Nope. In fact, KbQ is very much pro-capitalist. We feel the current free-market capitalist system, especially as it is practiced in the United States, does not go far enough in promoting fairness, openness, democracy, and freedom. KbQ believes that by monetizing dissent risk, a rebalancing of risk and reward can take place in the markets that more fully embodies the principals of fairness upon which free market capitalism was founded.Top
|· What is Karma Capitalism?|
Practicing Karma Capitalism means you are willing to take the risk of taking a short-sale position in the market place, with the intention of giving most or all of any after-tax profit away to the activist groups that you feel make a positive impact on society.Top
|· What is dissent risk?|
|· Do you attempt to manipulate stock markets?|
|· Can this actually work?|
|· What is Corporate Irresponsibility Arbitrage (CIA)?|
|· Why would hedge fund managers donate their money to activist groups?|
The relationship between the hedge fund managers and the activist groups is symbiotic in that the activists help the hedge funds by creating good short sale opportunities with their boycotts. The hedge funds in return help the activists by funding their causes -- incentivizing them to continue launching boycotts. Everyone wins.Top