Sunday, June 5, 2022

A New Era in Energy

 Russia’s attack on Ukraine is redrawing the world’s energy map, ushering in a new era in which the flow of fossil fuels is influenced by geopolitical rivalries as much as supply and demand.

Sunday, April 24, 2022

04- 24-2022 ... This Time is Different...

 Investors have been forced to rethink nearly all of their assumptions in the past two years. In this unusually tumultuous span, the world has seen a deadly pandemic, the quickest global economic recession, and rebound in memory, unprecedented monetary and fiscal policy contortions, supply-chain disarray, armed conflict in Europe with nuclear overtones - the list goes on.

    We live in a very turbulent time; the range of possible outcomes is so much wider now.

Thursday, March 17, 2022

The Modular-Finance* Forum...: Radical Uncertainty

The Modular-Finance* Forum...: Radical Uncertainty: "Some uncertainties are resolvable. The insurance industry's actuarial tables and the gambler's roulette wheel both yield to th...

Saturday, May 23, 2020

The Forces of Change...

"An understanding of the forces driving change is crucial to comprehending the opportunities and the risks that change creates. But in our search for understanding, we must be prepared to dig deep, for the forces that matter are rooted in the very nature of things, and in the processes used to create them. What we see around us is not the result of some deus ex machina working outside of our influence or control. Human beings, working as individuals and in groups, create the new technologies, the new forms of organization, the new products and markets. To be sure, the consequences of their actions are not always intended or even anticipated. But the" things" themselves - the tangible objects, the devices, the software programs, the production processes, the contracts, the firms and markets - are the fruit of purposeful action. They are "designed."

Hat tip ~ Design Rules - The Power of Modularity, Carliss Y. Baldwin & Kim B. Clark

Saturday, May 2, 2020

Saturday ~ May 2, 2020

To live content with small means;
To seek elegance rather than luxury,
and refinement rather than fashion;
To be worthy, not respectable, and wealthy, not rich,
To study hard, think quietly, talk gently, act frankly;
To listen to stars and birds,
to babes and sages, with open heart;
To bear all cheerfully, do all bravely,
Await occasions, hurry never.
To let the spiritual, unbidden and unconscious,
grow up through the common.
This is to be my symphony.

(William Henry Channing, 1810 - 1884)