Preventing the Next “Big short”: New Novo34 Program Brings Cutting Edge Financial Analysis to the Masses

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Using technology to safeguard against the next economic downturn

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Novo34 incorporates decades of financial experience with scalable technology to provide 21st century financial analysis tools to the general population.

Though there were inklings of the rising “housing bubble” much before the financial crisis actually took hold of the U.S. economy, even the most experienced investors fell short of outlining the risks pervading the financial system.

With the benefit of hindsight, financial instruments that were devised to take advantage of the “supposed” stability in the housing sector added extraordinary “systematic” risk to the entire system. The pace and the magnitude of deterioration in the capital markets rendered most everyone an “innocent bystander.” The skills gap between the experts and the vast majority of the population resulted in a prolonged recovery, which continues to this day. The eighty million or so individual investors in the United States were not equipped to evaluate the risks associated with their investments across the different asset classes.

Given the multi-faceted nature of the industry, and the millions of different financial products, it is problematic for any one individual or organization to truly develop a mastery over all subject matters. It isn’t practical to expect all participants in the industry to have a strong foundation in finance and accounting (the two disciplines that underpin most investment decisions) or to have the wherewithal to conduct thorough analysis, which is often time consuming and complex.

Better decision making will be required to ensure the long-term health of the economy. This can be brought about by further training (impractical and expensive), more regulation (caps upside), or through incremental reliance on technology. The last element of this solution can help large portions of the population become more prudent investors. Technology can help mine data, conduct analysis, while allowing the individual to make decisions based on proven facts.

Novo34, a fully automated financial modeling software conducts advanced financial analysis on behalf of the user by incorporating “industry” best practices. Hitherto, this type of analysis would be manually developed by professionals in the industry, preventing the vast majority of the investor population from ever benefiting from the insights thus uncovered.

The program synthesizes thousands of facts and figures and provides the user with a foundation to gauge the valuation of a particular business (Apple, Google, Tesla, etc.), help predict the viability of new business ventures, and most importantly brings down the skills divide between the industry professionals and the average individual investor that has existed for decades.

Novo34 incorporates decades of financial experience with scalable technology to provide 21st century financial analysis tools to the general population.

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Jeremy Ragud
Novo34
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