• Member Statistics

    • 751,184 Colleagues-to-Date [Sponsored by a generous R&D grant from iMBA, Inc.]
  • David E. Marcinko [Editor-in-Chief]

    As a former Dean and appointed Distinguished University Professor and Endowed Department Chair Dr. David Edward Marcinko MBA was a NYSE broker and investment banker for a decade who was respected for his unique perspectives, balanced contrarian thinking and measured judgment to influence key decision makers in strategic education, health economics, finance, investing and public policy management.

    Dr. Marcinko is originally from Loyola University MD, Temple University in Philadelphia and the Milton S. Hershey Medical Center in PA; as well as Oglethorpe University and Emory University in Georgia, the Atlanta Hospital & Medical Center; Kellogg-Keller Graduate School of Business and Management in Chicago, and the Aachen City University Hospital, Koln-Germany. He became one of the most innovative global thought leaders in medical business entrepreneurship today by leveraging and adding value with strategies to grow revenues and EBITDA while reducing non-essential expenditures and improving dated operational in-efficiencies.

    Professor David Marcinko was a board certified physician, surgical fellow, hospital medical staff Vice President, public and population health advocate, and Chief Executive & Education Officer with more than 425 published papers; 5,150 op-ed pieces and over 135+ domestic / international presentations to his credit; including the top ten [10] biggest drug and pharmaceutical companies and financial services firms in the nation. He is also a best-selling Amazon author with 30 published academic text books in four languages [National Institute of Health, Library of Congress and Library of Medicine].

    Dr. David E. Marcinko is past Editor-in-Chief of the prestigious “Journal of Health Care Finance”, and a former Certified Financial Planner® who was named “Health Economist of the Year” in 2010. He is a Federal and State court approved expert witness featured in hundreds of peer reviewed medical, business, economics trade journals and publications [AMA, ADA, APMA, AAOS, Physicians Practice, Investment Advisor, Physician’s Money Digest and MD News] etc.

    Later, Dr. Marcinko was a vital recruited BOD member of several innovative companies like Physicians Nexus, First Global Financial Advisors and the Physician Services Group Inc; as well as mentor and coach for Deloitte-Touche and other start-up firms in Silicon Valley, CA.

    As a state licensed life, P&C and health insurance agent, SEC registered representative Marcinko was Founding Dean of the fiduciary and niche focused on-line CERTIFIED MEDICAL PLANNER® chartered designation education program; as well as Chief Editor of the 3 print format HEALTH DICTIONARY SERIES® and online Wiki Project.

    Dr. David E. Marcinko’s professional memberships included: ASHE, AHIMA, ACHE, ACME, ACPE, MGMA, FMMA and HIMSS. He was a MSFT Beta tester, Google Scholar, “H” Index favorite and one of LinkedIn’s “Top Cited Voices”.

    Marcinko is “ex-officio” and R&D Scholar-on-Sabbatical for iMBA, Inc. who was recently appointed to the MedBlob® [military encrypted medical data warehouse and health information exchange] Advisory Board.



  • ME-P Information & Content Channels

  • ME-P Archives Silo [2006 – 2019]

  • Ann Miller RN MHA [Managing Editor]

    USNews.com, Reuters.com,
    News Alloy.com,
    and Congress.org

    Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners(TM)

    Product Details

    Product Details

    Product Details


    New "Self-Directed" Study Option SinceJanuary 1st, 2018
  • Most Recent ME-Ps

  • PodiatryPrep.org

    Lower Extremity Trauma
    [Click on Image to Enlarge]

  • ME-P Free Advertising Consultation

    The “Medical Executive-Post” is about connecting doctors, health care executives and modern consulting advisors. It’s about free-enterprise, business, practice, policy, personal financial planning and wealth building capitalism. We have an attitude that’s independent, outspoken, intelligent and so Next-Gen; often edgy, usually controversial. And, our consultants “got fly”, just like U. Read it! Write it! Post it! “Medical Executive-Post”. Call or email us for your FREE advertising and sales consultation TODAY [770.448.0769]

    Product Details

    Product Details

  • Medical & Surgical e-Consent Forms

  • iMBA R&D Services

    Commission a Subject Matter Expert Report [$250-$999]January 1st, 2019
    Medical Clinic Valuations * Endowment Fund Management * Health Capital Formation * Investment Policy Statement Analysis * Provider Contracting & Negotiations * Marketplace Competition * Revenue Cycle Enhancements; and more! HEALTHCARE FINANCIAL INDUSTRIAL COMPLEX
  • iMBA Inc., OFFICES

    Suite #5901 Wilbanks Drive, Norcross, Georgia, 30092 USA [1.770.448.0769]. Our location is real and we are now virtually enabled to assist new long distance clients and out-of-town colleagues.

  • ME-P Publishing


    If you want the opportunity to work with leading health care industry insiders, innovators and watchers, the “ME-P” may be right for you? We are unbiased and operate at the nexus of theoretical and applied R&D. Collaborate with us and you’ll put your brand in front of a smart & tightly focused demographic; one at the forefront of our emerging healthcare free marketplace of informed and professional “movers and shakers.” Our Ad Rate Card is available upon request [770-448-0769].

  • Reader Comments, Quips, Opinions, News & Updates

  • Start-Up Advice for Businesses, DRs and Entrepreneurs

    ImageProxy “Providing Management, Financial and Business Solutions for Modernity”
  • Up-Trending ME-Ps

  • Capitalism and Free Enterprise Advocacy

    Whether you’re a mature CXO, physician or start-up entrepreneur in need of management, financial, HR or business planning information on free markets and competition, the "Medical Executive-Post” is the online place to meet for Capitalism 2.0 collaboration. Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds. ******************************************************************** THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
  • OIG Fraud Warnings

    Beware of health insurance marketplace scams OIG's Most Wanted Fugitives at oig.hhs.gov
  • Advertisements

Brexit: What to Do About It?

Join Our Mailing List


Michael Zhuang                              

By Michael Zhuang

Shortly, there will be a referendum in Great Britain to determine if the UK should stay in EU or should leave for good. A mere month ago, the stay vote still won by a comfortable margin. Just showing how political wind can shift, the odds are now 50/50 that the leave vote might win.

Here are some consequences I believe a leave vote would entail:

1. Copycat referendums in other EU states, and within a few years, EU might not exist.

2. London’s reputation as world financial capital on par with New York may be diminished.

3. Disruptions to trades and investments, since UK’s relationship with Europe and the rest of the world, will have to be renegotiated.

4. Pound Sterling, London stocks, and property prices might go south. Potential capital flights from the UK.

5. More volatility in global stock markets.

As an investor, what should you do about it?

Well, all of the above can be called informed speculations. They are not actionable intelligence. In other words, when it comes to investment, we should never base our decisions on speculation about future events.

There is a mountain of academic evidence that the more investors react to events, the less the returns they get from stock markets. If you don’t believe me, go read “Trading is Hazardous to Your Wealth”, by Berkeley professor Terry Odean, published in Journal of Finance in April 2000.

I know it’s the reverse of a popular belief, but I will follow this mantra “Don’t just do something, sit there!”

If it should come to pass that the market drops significantly following the Brexit vote, then we rebalance and pick up shares cheap! Who doesn’t like a big discount?




PS: As I was finishing up this article, news broke that a pro-stay MP was shot and killed by a pro-leave fanatic. The murder has the potential of shifting the political wind again!


Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.

Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com


Risk Management, Liability Insurance, and Asset Protection Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™8Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™



5 Responses

  1. Brexit

    On the eve of a fateful British EU referendum, rivals race for final votes.




  2. A Cliff Hanger

    After a very poisonous campaign, the British vote on EU ties, shapes up as a real cliffhanger.




  3. Bye-Bye,
    Good move, UK.


  4. What should you do after the “Brexit” vote?
    [28 – 1 = 27 EU members]

    Now that U.K. citizens have held their referendum and voted that the United Kingdom should leave the European Union, what’s going to happen next?

    It’s likely that this vote will have a global economic impact. But, because it may take time before the full impact is felt, there could be continued uncertainty in the financial markets; and that uncertainty could lead to volatility. So, focus on what you can control.

    Even during times of global uncertainty, I still believe in the merits of a well-diversified portfolio that includes both domestic and international assets. Making changes to your plan based on market movements could derail your efforts to reach your goals.

    Although it’s difficult during times of market volatility, I also suggest you stay focused on the things you can control: creating clear goals, developing an appropriate asset allocation, minimizing investing costs, and maintaining a long-term perspective.

    IOW: Nothing special.

    Dr. David Edward Marcinko MBA


  5. 5 Things Investors Must Consider On Brexit

    There’s been no shortage of commentary today on the impacts of the United Kingdom’s vote to leave the EU last night. Global capital markets have witnessed a profound “attitude adjustment” as the run up to the vote was dominated by institutional investor confidence in the remain vote. All kinds of volatility and price records have been set in the overnight and into this morning. From our standpoint, this represents a pretty material change in the world order and the global economy.

    Privately, we did put in place a speculative short position based on the possibility of a LEAVE vote and you can read about how to structure such a “catastrophe hedge” here. We don’t typically talk about such speculation because it is outside the scope of the valuation-based process we preach, but these kind of tools can be useful to have in your tool box in times of perceived distress.

    On Brexit, here are 5 things an IOI investor must consider in the face of this macro change / market risk increase.

    1. Stop, relax and think. I give this very same counsel to my children when faced with a problem. The media is paid to make the biggest deal possible out of any event it latches onto. Best to take a walk, think hard about what’s happening for ourselves and then come back to our investments.

    2. Look at your portfolio and think about your investments’ direct exposure to an interruption in the relationship between Britain and Europe. This is all about understanding revenue impacts for the businesses you own.

    For example, British and European banks will likely be harmed, as well as industries associated with travel and expatriate services. The going relationship of British based firms selling significantly into the EU and vice versa will change and this uncertainty should concern shareholders. Bottom line, take a hard look at what you own.

    3. Consider the implications of increased cross border trade frictions globally, as well as a stronger US dollar on your portfolio. The number and severity of populist, anti-free trade movements is growing in developed markets around the world. Frustration with perceived ineffective political leadership is causing the populous to chuck long standing associated institutions in favor of an uncertain outcome.

    In this case, it would appear the devil we don’t know is preferred to the devil we do. Increased costs from reduced trade and dollar strength are likely outcomes to check your portfolios against.

    4. Global central bank / central planning policies are beginning to fail under the weight of “human” economics and this will add further uncertainty to capital markets. Developed markets’ central banks have attempted, with some success, to step into a policy gap created by stalled political leadership. Instead of acting to reform fiscal policies that create an environment for growth, growing sovereign debt positions have constrained politicians ability to act. Low to negative interest rates here and abroad have not inspired economic recovery because our human minds are not behaving the way economic textbooks would have led policy makers to believe. Indeed we are smart enough to see that the little growth we’ve seen has come from the smoke and mirrors of debt increases vs. durable growth led by investment. Productivity growth has slowed and the businesses that drive our developed market economies are struggling to keep up margins. This weak period of expansion can best be described as “fake growth” driven by financial engineering.

    5. Understanding and applying disciplined valuation principles is more important than ever right now. As we talked about in a recent seminar (as the gravity of the Brexit decision was taking shape), understanding how a company makes money is our anchor for knowing what to do with individual investment positions and a total portfolio. Brexit will impact some companies greatly and others very little or by indirect effects on consumption. If we understand the make up of our investments’ revenue, we can immediately see which might be durably impaired and which, while the stock price falls, may have little to no durable effects. Then we adjust our holdings and exposure accordingly. Most important, we stop running around asking, “do I sell everything?”.

    So, Brexit has happened and the implications will likely be far reaching and unknowable, so as thoughtful investors, we must start by stopping, (turning off the babble box), relaxing (this can be done by working out what you think your worst case outcome is and getting comfy with that or not) and then thinking carefully about how to go forward.

    Invest Intelligently…

    Erik Kobayashi-Solomon


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: