PRODUCTS
MARENGO CAPITAL
Kurt Smith is a prolific creator of content. This website contains some content, curated into written, audio and video media. It is also curated by access levels. Clients and members have unrestricted access, consumers can unlock specific restricted material with a product payment, and visitors can access unrestricted material.
PODCASTS
THE POD IS CAST
Kurt is the creator of The Pod is Cast show. Episodes are coming soon and will drop bimonthly, with a common theme of unlocking enterprise value.
Entrepreneurial commercial enterprise is the engine-room of the economy, providing employment, opportunities, innovation, collaboration, and returns on capital which can be reinvested in the business or distributed to shareholders for commerce, family, pleasure, or philanthropy. The cornerstone of commercial enterprise is long term enterprise value.
PUBLISHED ON THE FOLLOWING PODCAST CHANNELS
YOUTUBE
SPOTIFY
APPLE
GUEST APPEARANCES
EPISODE 140
FROM SUPPORT FUNCTION TO BUSINESS PARTNER – WITH DR KURT SMITH
EPISODE 141
WHY TREASURY DEPARTMENTS NEED TO SHIFT THEIR FOCUS – WITH DR KURT SMITH
EPISODE 142
ROIC, WACC AND CCC EXPLAINED IN TREASURY TERMS! – WITH DR KURT SMITH
EPISODE 143
WHAT DOES THE ACTA – AUSTRALIAN CORPORATE TREASURY ASSOCIATION DO? – WITH DR KURT SMITH
EPISODE 145
STRATEGIC TREASURY – WITH DR KURT SMITH
BLOG
TALKING MY BOOK
Kurt is the creator of Talking My Book blog. Blogs drop bimonthly. He delights in deconstructing prevailing wisdom, volunteering two-minute missives on a range of topics. Soap-box alert!
CASE STUDY:
CAPABILITY DEFICIT MASQUERADING AS A CAPACITY PROBLEM​
CASE STUDY:
DESIGN & EXECUTION OF REFINANCING & HEDGING PROGRAMS​
CASE STUDY:
CREATING A BEST-PRACTICE STRATEGIC TREASURY
CASE STUDY:
DESIGNING A BEST-PRACTICE INVESTMENT FUND
REBOOT THIS!
Kurt is the creator of Reboot This! blog. Blogs drop when he has value to add. It is a blog by a technically challenged AV Tech user who discovers solutions after hours of frustration and volleys of expletives.
You’re welcome!
SETTING UP RØDECASTER PRO II TO ATEM MINI PRO ISO​​​
CANON EOS R7 FOR CLEAN VIDEO FEED BEYOND 30 MINUTES
USING THE TESMART TO SWITCH PC & LAPTOP BETWEEN MONITORS
NETWORK SWITCHER PLUS NAS FOR PRIVATE CLOUD
KURT'S TECHNOLOGY STACK
Kurt’s expertise is in creating and managing for long term enterprise value by leveraging advanced technical skills and commercial acumen gained in corporate treasury, corporate finance, financial markets, and FinTech. He is not an expert in technology.
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However, founding and growing a consulting business has required considerable investment in his technology stack to improve productivity, production quality, and data security to professional grade. It took a lot of effort to identify needs and find solutions, and get solutions integrated seamlessly with each other.
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Kurt’s technology stack is listed below as a service to reduce this time-consuming and frustrating process for anyone embarking on, or part way through, upgrading their technology stack to professional grade. I have provided product links for your convenience, and because if you purchase via my affiliate links, I receive a small commission (from the seller not you!), which is my reward for helping you and which helps me to continue to provide this service to others.
Pay it forward without paying!
RODECASTER PRO 2 INTEGRATED AUDIO PRODUCTION STUDIO CONSOLE
RODECOVER 2
RODE PODMIC MICROPHONE
RODE WS2 POP FILTER WINDSHIELD
RODE PSA1+ PROFESSIONAL STUDIO ARM
RODE NTH100 PROFESSIONAL OVER EAR HEADPHONES
CANON EOS R7 MIRRORLESS CAMERAS X 2
CANON EOS R7 AC ADAPTER AND CORD
ZOOM Q2N 4K HANDY VIDEO RECORDER
ZOOM MINI TABLETOP TRIPOD
LILLIPUT 4K 7 INCH CAMERA ASSIST MONITOR
ELGATO PROMPTER
ELGATO KEY LIGHT AIR X 2
ELGATO COLLAPSIBLE CHROMA KEY PANEL
SIRUI TRAVELLER 7C CARBON FIBRE TRIPOD X 2
BLACKMAGIC DESIGN ATEM MINI PRO ISO VIDEO SWITCHER
INUX3D ATEM PK1 3D PRINTED STAND
UBIQUITI UNIFI USW-LITE-8-P NETWORK SWITCH
TESMART 2 PORT DUAL MONITOR KVM SWITCH HDMI 4K60HZ WITH USB HUB
LENOVO THINKPAD LAPTOP AND DOCK
APPLE MACBOOK AIR LAPTOP
APPLE IPAD AIR 5
APPLE IPAD PRO 11 MAGIC KEYBOARD
APPLE PEN
AFTERSHOCK CUSTOM COMPUTER WORKSTATION
27 INCH LENOVO MONITORS X 2
HERCULES DG400BB DESKTOP STAND
GRAVITY GHPHTC01B DESK MOUNT HEADPHONES HANGER
SYNOLOGY NAS
LACIE RUGGED SSD 1TB
CABLES, CABLES, AND MORE CABLES!!
WEBINARS
NATIONAL WEBINARS FOR ACTA
Kurt regularly hosts national webinars for ACTA, on a diverse range of topics. Examples are listed below.
EFFECTIVE TRADE EXECUTION FOR HEDGING​​
2024
STRATEGY AND EXECUTION OF FINANCIAL PRODUCTS​​
2023
DEBT CAPITAL MARKET ISSUANCE – THE DEFINITIVE GUIDE​​
2023
WRITTEN
Kurt has written on a wide variety of topics over a long period of time. The following is a snapshot of his work.
PRICE MYOPIA DOES NOT DELIVER VALUE​​
Wilmott, vol. 2024, iss. 133, 2024.
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'Any Sale is a Good Sale’ burns repeat business but margin-mania is still pervasive and does not deliver value to corporate clients.
EVOLUTION & REVOLUTION: ENHANCING TREASURY VALUE​​
Exchange Magazine, 2024, p3-5
WHAT DIFFERENTIATES STRATEGIC TREASURY FROM OPERATIONAL TREASURY​​
treasuryXL, 2024
WHAT’S IN A PREFIX?​​
Exchange Magazine, 2023
This article considers the impact on corporate treasuries of changes in the general level of prices, such as deflation and inflation, and, just as importantly, of the policy responses of central banks and Governments who are trying to manage price changes to modest inflation targets. The author concludes that corporate treasuries should differentiate between transitory and persistent drivers of inflation and adopt a strategic perspective to cut through the noise of day-to-day transactional volatility in interest rates, FX rates and commodity prices. The author also makes the case that the current implementation of ESG is inflationary and will remain so until ESG transitions from enterprise risk to enterprise value frameworks.
AN INTROVERT’S INTROSPECTIVE ON NETWORKING​​
Exchange Magazine, 2022
NORMAL, NEW NORMAL, NEXT NORMAL – A CORPORATE TREASURY PERSPECTIVE​​
ACTA, 2022
PUTTING THE ‘STRATEGIC’ IN STRATEGIC TREASURY​​
ACTA, 2022
NEDS AND NED ASPIRANTS – IGNORE TREASURY AT YOUR PERIL​​
ACTA, 2022
EXPERT INTERVIEW - NINE QUESTIONS FOR KURT SMITH​​
treasuryXL, 2022
THE FINANCIAL ECONOMIC RISK IN FINANCIAL ENGINEERING MODELS​​
Wilmott, vol. 2015, iss. 79, p. 50–55, 2015
Current models for valuing and hedging exotic FX options under the smile still exhibit, as their counterparts did a decade ago, widely dispersed predictions of market value that are disarticulated from traded market hedging costs. Since fitting to ever-expanding calibration sets and implying model hedges has not solved the problem, this paper considers the possibility that fitting and implying are the problem. It finds that financial engineering does not closely reflect the financial economics of intermediation that is fundamental to the creation of, and price making in, derivative products. By not reflecting the economics of intermediating market risk, financial engineering has difficulty in accurately predicting the value of market risk to an intermediary.
UNIVERSITY OF WESTERN AUSTRALIA PHD​​
American Binary FX Options: From Theoretical Value to Market Price