Bowie on IP

Nathan Newman nathan at newman.org
Mon Jun 10 14:30:19 PDT 2002


----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com>

christian11 at mindspring.com wrote:
>But then again, Bowie is the one who pioneered selling his name on
>futures markets, no? Can't you trade futures on Bowie's income these
>days?

-Bonds. He securitized his future royalties in a bond sale a few years ago.

Which if he is right about those royalties being worthless in a few years would be a brilliant strategy. Sell off non-existent future earnings from intellectual property for present income to support other endeavors.

Hope he made the right bet :)

-- Nathan Newman



More information about the lbo-talk mailing list