Mitch Strohm is a freelance writer and digital marketing consultant. He’s been covering the personal finance and credit card industry for more than 12 years.
Previously, Mitch managed a number of niche personal finance focused sites, where he oversaw a team of experts to develop credit card, loan, and savings content. He has also held senior positions in content marketing and social media.
What Is a Merkle Root? A Merkle root is the hash of all the hashes of all the transactions that are part of a block in a blockchain network. Key Takeaways A Merkle root is a simple mathematical way to verify the data on a Merkle tree. Merkle roots are used in cryptocurrency to make…
What Is a Feeder Fund? A feeder fund is one of several sub-funds that put all of their investment capital into an overarching umbrella fund, known as a master fund, for which a single investment advisor handles all portfolio investments and trading. This two-tiered investment structure of a feeder fund and a master fund is…
Stock volatility refers to a drastic decrease or increase in value experienced by a given stock within a given period. There is a relationship between the volume of a traded stock and its volatility. When a stock is purchased in large quantities, the stock price or value goes up sharply, but if the stock is…
What Is an Escrow Agent? An escrow agent is a person or entity that holds property in trust for third parties while a transaction is finalized or a disagreement is resolved. The role of escrow agent is often played by an attorney (or notary in civil law jurisdictions). The escrow agent has a fiduciary responsibility…
What Is Inorganic Growth? Inorganic growth arises from mergers or takeovers rather than an increase in the company’s own business activity. Firms that choose to grow inorganically can gain access to new markets through successful mergers and acquisitions. Inorganic growth is considered a faster way for a company to grow compared to organic growth. Key…
Energy funds have dropped to 10-year and all-time lows in reaction to a barrage of short- and long-term headwinds. While the coronavirus outbreak and downturn in crude oil prices have generated a good portion of this selling pressure, major political and socioeconomic forces are at work as well, with climate activists putting pressure on large…