The Adaptive Model in Play:

To Cope with More Volatile Markets, Take a Lesson from Football Managers | Enterprising Investor

The Not-So-Big Picture on Financial Models

The Not-So-Big Picture on Financial Models: I’m a big fan of Barry Ritholtz’s, but one of his recent columns on the P/E model overlooks an important fact about corporate earnings.

Investors Hiring: Mathematicians and Artists Need Apply

Investors Hiring: Mathematicians and Artists Need Apply: One thing that the most-emulated institutional investors have in common: a commitment to innovation and new perspectives.

Economist Lars Peter Hansen Finds Fault with Economic Models

Economist Lars Peter Hansen Finds Fault with Economic Models: At a recent New York talk, University of Chicago economist and Nobel laureate Lars Peter Hansen called for policymakers to consider the unknown.

Bridgewater’s Ray Dalio Explains the Power of Not Knowing

Bridgewater’s Ray Dalio Explains the Power of Not Knowing: Raymond Dalio reveals how Bridgewater became the world’s largest hedge fund firm by focusing not on what its people know but on how they deal with what they don’t know.

Hedge Fund Manager John Burbank’s Investment Alchemy

Hedge Fund Manager John Burbank’s Investment Alchemy: The head of San Francisco–based hedge fund firm Passport Capital has figured out how to turn risk management into an alpha strategy.

Is Finance a Noble Profession? A Summary of the Online Forum | Enterprising Investor

Is Finance a Noble Profession? A Summary of the Online Forum | Enterprising Investor

The Top Five Accounting Mistakes Analysts Make | Enterprising Investor

The Top Five Accounting Mistakes Analysts Make | Enterprising Investor

The Great Divide over Market Efficiency

The Great Divide over Market Efficiency

Start-ups Estimize and Kensho Take Aim at Bloomberg

Start-ups Estimize and Kensho Take Aim at Bloomberg: Ambitious, young entrepreneurs like Leigh Drogen and Daniel Nadler are looking to revolutionize the way financial research is done.

Modular-Finance - Taking The Game to The Next Level...

Mathematicians, Artists, Stewards and Statesmen need Apply...

Simplifying Equity Markets Starts with Investors

Simplifying Equity Markets Starts with Investors: Equity markets have become unduly complicated and riddled with conflicts of interest, but institutional investors have the power to help change them.

Complexity, Modularity and Finance - Modular-Finance-in-Motion™

What Modulatity Does: 89*****

The concept of modularity spans an important set of principles in design theory: design rules, independent task blocks, clean interfaces, nested hierarchies, and the separation of hidden and visible information. Taken as a whole, these principles provide the means for human beings to divide up the knowledge and the specific tasks involved in complex design or constructing a complex artifact.

1- Modularity increases the range of "manageable" complexity.

2- Modularity allows different parts of a large design to be worked on concurrently.

2- Modularity accommodates uncertainty.**

Make things as simple possible, but not simpler ~ Albert Einstein

The  Goal of  Modular-Finance is to Make Complexity as Simple as possible but not Simpler.

For human beings, the only way to manage a complex system or solve a complex problem is to break it up. In the breaking apart, it is best to look for points of natural division, dividing the " idea...at the joints, as nature directs, not breaking any limb in half as a bad carver might"

Once the system or problem has been divided in this fashion, one can hide the complexity of each part behind an abstraction and an interface. The time to begin the process of breaking apart the system is when the complexity of the whole threatens to overwhelm progress toward the goal.

But how is it possible to "break apart" a complex system, without destroying it? How does one find the tightly connected modules in a welter of interdependencies? And how can the modules be separated from one another? Modular-Finance seeks to explain how individuals with knowledge can split apart a large design and task structure. 

HAT Tip ~ Design Rules, The Power of Modularity

On WALL Street - Complexity is the new opacity...Simplifying Complexity is now a required.... and That is the goal of Modular-Finance....