The Times They are a'Changin Part 3 - Dow 8300....First Stop...,.....

To be continued.....

It's All About Feed Back Loops.....

Saving and Investing are Two Different Things.....MLMOFO

Saving is Modern Finance - One Dimension

Investing REquires Modular Finance - MultiDimensional

RELAX - Evertyone Is Wrong - We alll Make Mistakes......

When Genius Fails

The Harvard Misstep

A Colossal Failure of Common Sense

The Billion Dollar Mistake

In the Modular World.....

Sports is a Metaphor for Life and Financial Markets are a Reflection of it......

The Trick is of the Matrix is to get M2 to Mirror M1

Equity Markets Operate in a Modular World....

The Financial Realm is Modular in Nature - The is a Time and  Place for Everything....

Wall street is Where the NYSE is Located - This is Where Stocks Are Traded.

Money is not managed Here it is Traded...MLMOFO...

Greenwich is in Connecicut it is the Hedge Fund Capital of The World

Omaha is in Nebraska - It is Where Warren Buffet Lives...

Fidelity is in Boston...

Vanguard is In Pa.

London

Modular Finance - An Evolving Interdisiplinary Field

Modular Systems....Financial and Non- Financial

The Financial Markets ar A Reflection of  The Human World....

Financial Markets are the invention of Human Beings and a reflection of them and their behavior....

They work when they are tough but fair...

Modern Finance Describes the World in A bell Jar.....

Modular Finance Adds the Friction encountered in The Real World to The Equation.......To take it to the next Level....

Using Orgel's Rules To Make Investment Decisions....

The Limitations of Modern Finance - Some get it Some don't and Some will get Trapped By It.

The Modular World is About Complex Adaptive Systems....

Robust Systems Are Loosely Coupled - They Can WithStand Deviation

From the Big Bang to the Fall of The House of Lehman....

The Modern World of Finance and The PC World...
- 10.27.1986 - 09.15.2008 -

It was the Best of Times, It was the Worst of Times.....


.....it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we were all going direct to heavan, we were all going direct the other way...

From Modern to Modular and Desktop to the Cloud.....The next Level......

Optimization and Portfolio Construction.....A Changing World....

A Time and A Place - When Your Time is Now - This is the Place

In The Financial Realm - Making It too Simple - Simply Makes it Wrong....

Missing The Macros will be dangerous........

People who Don't do the Macro Work are vumerable to the  Conventional Wisdom being wrong - Which is Dangerous - Because in Financial Markets it is Usually wrong .... by definition.....

Believing in MPT is Similar to Believing in the tooth fairy, the wizard of oz and the Flux Capacitor

For Your retirement Plan,,,,,,,

Built to Play an Evolutionary... Up and Running and Ready to Go....

There is no Velocity of Money , Hence no Multiplier

Finance and the Financial World Is Not One Industry.....It is a MultiVerse.....

MLMOFO.......Monet Lost Mistaking One For the Other

The Game of Three card Monty ana Liars Poker.....

"We do That" No you Don't

The Next Level Is About the Future -

Concepts in Modular Finance - Complexity helps to construct and manage a more Robust and Reliable/Predicable Process/Forecast

Multi-Period Planning

Adaptive Rolling Forecasts

Complexity Finance Requires a Modular Framework....

Turbulence

Complex Adaptive Systems

Adaptive Rolling Forecasts

Non-Linear Systems

Complexity Economics

Evolutionary Theory

Finance and Financial Markets are a reflection of Life......

Likewise it has three dimensions

The Past - is History
The Present -is Real
The Future - is Complex and uncertain...

Modular Finance is A function of all Three

Modern Finance - Deals with the past and the present
Complexity Finance - Deals with the Future and Emergence

The Bifurcation of Modern Finance......

The Department Store and The Shopping Mall

Modular Finance deals with the Ability to Adapt To Change

If Modern Finance is the Ring - Modular Finance is the Arrow

Investment Management is the Domain of Modular Finance......

Banking and Brokerage  is the domain of Modern Finance......

The Modular World is about a World in Transition.....

From modern Finance and the PC to the Modular World and the Cloud

Why Modular.......

The Stupidity Of Commentators basing this recovery on the performance of the Stock Market




Globalization has also made the world a more Competitive Place and thus things evolve  faster.....

China is no longer Just The Worlds Sweatshop in the Global Food Chain...

Remember when made in Japan meant Junk???
That was just the ante

Remember when Hundai was a cheap of junk....
IBM

Income for life

systems Thinking

Modularity of the brain

Economist

Evolution is Modular

A Paradigm Shift

 A door like this has cracked open five or six times since we got up on our hind kegs. It's the best posible time to be alive, when almost everything you thought you knew is wrong.

- Tom Stoppard, Acadia

Endosomatic Evolution vs exosomatic Evolution and thermodynamics

Complex Systems are Modular.....The more Complex the more Granular....

The Only way to protect the wisdom of the Crowd is to Protect the Independence of the individual.

Markets work the same way....

The Anthropocene

The Reason there is no Loan Growth is Because banks don't have to Make Loans to make money....

In the ERA  Deregulation (repeal of Glass-Steagal)  ....this Activity is now incidental to their business Model....

Adaptive Systems are Complex, Fractal and Modular - It's That Simple...

Portfolio Management is a Modular System

The Modular World - A Publication of MW/Financial - Specialists in Modular Portfolio Consruction and Management

The Song of the Nightingale.......

A System of Systems - A Modular Concept - from IBM's asmarterplanet.com

Systems Thinking

Perhaps the most successful learning technique we are taught as we are growing up is the method of analysis by decomposition, in which we break complex things down to the level where we can understand the individual parts.This works for many things, but for dynamic systems, particularly those that involve humans, the usual effect is to squeeze out some of the most important features.

Systems thinking is an approach that draws attention to connections among the parts, particularly focusing on how the elements of a system feed back to one another, both creating extraordinary patterns of growth (amplifying feedback) and providing ways to control the system (regulating feedback).