David Tweed is an Australian businessman who conducts a business of offering to buy securities at either below market value, or at a price that is above market value but via installments. Paying in installments can disadvantage the seller due to the time value of money. Tweed's business practices are controversial in some quarters and his success has attracted criticism from the media and ASIC. The Federal government has introduced legislation to regulate Tweed's activities.
Read more about David Tweed: Early and Personal Life, Investment Strategy, Investment History
Famous quotes containing the word david:
“Some have asked if the stock of men could not be improved,—if they could not be bred as cattle. Let Love be purified, and all the rest will follow. A pure love is thus, indeed, the panacea for all the ills of the world.”
—Henry David Thoreau (1817–1862)