Chang’s Jottings

Chang’s Jottings

About

Hey. This is Chang — a CFA and CPA with years of experience spanning investment, fund finance, corporate banking, and financial operations. At heart, I’m a researcher and entrepreneur, always curious and driven to explore new ideas. When I’m not deep in analysis, you’ll often find me on a run, or playing board games.
Chang’s Jottings

Rebalancing U.S. Trade: Buffett’s Import Certificates Meet Blockchain

On May 3rd, at the annual Omaha meeting — a kind of capitalist pilgrimage — an old idea re-emerged like a ripple from the past: Import Certificates, or ICs.
Warren Buffett proposed it back in 2003. It was quiet then, ignored even. But now, two decades and a few trade wars later, it is beginning to sound wise — less like policy and more like a compass pointing north.

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