Suitability is not a Competitive Standard of Excellence...

The reason banks are lobbying so hard to protect the suitability standard is that's the only way the can stuff your portfolio with high margin crap...

The Next Level...

The Apple Factor is Mountain #2.

The Tiger factor is Change by Competition....at The Arena Level...not Consulting Level...

What Institutional Investors Desperately Need: Two Letters

What Institutional Investors Desperately Need: Two Letters: Two letters seem to be missing from the world of pensions, sovereign funds and Giants generally: ‘R’ and ‘D.'

The Folly of Modern Finance Theory...

The notion that markets incorporate all known information and are thus efficient - logical and rational is Ridiculous.....Markets incorporate multiple modules of "hidden/unknown information"...Hopes and fears that can't be quantified...Context Matters..

Top Five Articles from April: Equity Exposure and Margin of Safety | Enterprising Investor

Top Five Articles from April: Equity Exposure and Margin of Safety | Enterprising Investor

The Most Important Money Question, According to Carl Richards | Enterprising Investor

The Most Important Money Question, According to Carl Richards | Enterprising Investor

The ModularWorld* ~ A Parallel Universe...: The Financial Meltdown - A Darwinian View of an In...

The ModularWorld* ~ A Parallel Universe...: The Financial Meltdown - A Darwinian View of an In...: While some were sleeping and others at work.......The Financial System was Rewired... .. After all was said and Done: 1) The Ethical Lev...

Investment Uncertainty Is Not Going Away: Understanding Complex Systems Can Help | Enterprising Investor

Investment Uncertainty Is Not Going Away: Understanding Complex Systems Can Help | Enterprising Investor

Noahpinion: Economists don't have "physics envy"

Noahpinion: Economists don't have "physics envy": I hear all the time that economists have "physics envy". This doesn't seem even remotely true. I'm not sure whether &quo...

A View to the Future: Changes in the Investment Industry | Enterprising Investor

A View to the Future: Changes in the Investment Industry | Enterprising Investor

Applications Doubled YOY and Goldman Sachs Announced as our Eighth Corporate Partner - Grand Central Tech

Applications Doubled YOY and Goldman Sachs Announced as our Eighth Corporate Partner - Grand Central Tech

Is Your Portfolio Ready for an Invasion of Disruptive Technologies? | Enterprising Investor

Is Your Portfolio Ready for an Invasion of Disruptive Technologies? | Enterprising Investor

Democracy, Culture and Capitalism - Context Matters

The pull of value, mediated by valuation, contracting, and guidance technologies, influences the paths of development of design and artifacts. The promised reward to those seeking value will be greatest along the paths that correspond to high perceived market value. For their part, the technologies of contracting and guidance will affect both what designers can see and how they seek value. As a result, the artifacts that arise in an advanced market economy will be different from those realized in primitive or planned economies. That is why the organization of the economic system is important to us as we attempt to understand the evolution of complex designs of artifacts like computers.
     Thus we need to look at the economic system as a whole, using three technologies - valuation, contracting, and guidance - as our lens. The major force in this system is value, and so it is appropriate that we begin there.

Hat Tip ~ Design Rules, The Power of Modularity