Sunday, January 31, 2016
Tuesday, January 26, 2016
Street Smarts - The Purpose of Economics...
The purpose of Economics is not to acquire answers to economic questions... but to learn how to avoid being deceived by economists......
Carl Sagen's Baloney Filter...
Carl Sagen's Baloney Filter...
It's All Correlation Baby!
Markets Unhinged: Bifurcated - Evolution Theory and Modularity
1- High Yield Market
2- Emerging Marlets
3- Energy Market
1- High Yield Market
2- Emerging Marlets
3- Energy Market
Perception and Reality
My illusion is more real to me than reality. And so do we often build our world on an error, and cry out that the universe is falling to pieces, if anyone but lift a finger to replace the error by truth.
( Mary Antin, 1881 - 1949 )
( Mary Antin, 1881 - 1949 )
Monday, January 25, 2016
Emergent Systems are neither Top down nor Bottom up....
...They are both... Simultaneously... That is the Essence of Modular-Finance and Integrative Thinking...
DISINTERMEDIATE THE FLOW OF NEW IDEAS TO THE MARKET...
https://twitter.com/MainandWall/status/690899305742385152
Modular-Finance / Design Thinking and The Search for Value...
"Human beings have an innate ability to improve artifacts by changing their designs. Value-seeing and -seeking are what ultimately cause designs - hence artifacts - to improve and to become more complex."
Sunday, January 24, 2016
Saturday, January 23, 2016
Complexity and the Art of Portfolio Management....
Using the Power of Modular-Finance to Build a Competitive Advantage in The Red Queen Race of Investment Strategy...
MFiM™...Modular-Finance~in~Motion...
MFiM™...Modular-Finance~in~Motion...
Wednesday, January 20, 2016
The Role of Economics....
Maybe there is in human nature a deep-seated perverse pleasure in adopting and defending a wholly counterintuitive doctrine that leaves the uninitiated peasant wondering what planet he or she is on.
~ Robert Solow
~ Robert Solow
Tuesday, January 19, 2016
Monday, January 18, 2016
In The ModularWorld...Quants are Quaint... But StreetSmart They Ain't... Context Matters... Transdisciplinary Thinking is The Bomb......
The 21st Century is the Age of COMPLEXITY...The paradigm shift is in fullswing...Don't get let behind.....
Saturday, January 16, 2016
Human Nature, Animal Spirits and Modular-Finance™....
The ideas we will present to you are decades in the making but fundamental in nature:
Let's start with a fundamental human problem, and I don't mean race or religion or origin. I mean fear. Fright, my young friend, may be the first serious enemy you have to face in our society. It's the most destructive emotional bogeyman there is. Cold feet, panic, depression, and violence are all symptoms of fear - when it's out of control. But this feeling, ironically, can also trigger courage, alertness, objectivity. You must learn not to try to rid yourself of this basic, human emotion but to manipulate it for your own advantage. You cannot surrender to fear, but you can use it as a kind of fuel. Once you learn to control fear - to make it work for you - it will become one of your best friends.
( Jose Torres, 1936 - 2009 ).
Let's start with a fundamental human problem, and I don't mean race or religion or origin. I mean fear. Fright, my young friend, may be the first serious enemy you have to face in our society. It's the most destructive emotional bogeyman there is. Cold feet, panic, depression, and violence are all symptoms of fear - when it's out of control. But this feeling, ironically, can also trigger courage, alertness, objectivity. You must learn not to try to rid yourself of this basic, human emotion but to manipulate it for your own advantage. You cannot surrender to fear, but you can use it as a kind of fuel. Once you learn to control fear - to make it work for you - it will become one of your best friends.
( Jose Torres, 1936 - 2009 ).
Wednesday, January 13, 2016
~ Capitalism 4.0 ~
"A third clear difference between Capitalism 4.0 and the preceding versions of the system will be an understanding that markets and governments are both imperfect and prone to error. Acknowledging this inherent fallibility will not be paralyzing, but empowering, provided the new model of capitalism encourages experimentation and proves able to adapt to unexpected events. This capacity for institutional adaptation and ideological flexibility should be one of the distinctive features of the mixed economy of Capitalism 4.0. Competitive markets operate through trial and error and quickly correct small misjudgments. In politics, democratic competition plays a similar error correcting role. But markets can magnify errors instead of correcting them when herd instinct overtakes investors - and the same thing can happen in democracies when one ideology overwhelms all political debate. In a fast-moving, interdependent, and inherently unpredictable world, skepticism, experimentation, and flexibility are crucial. Adaptability and the willingness to admit errors will become a cardinal virtue in politicians and central bankers, as well as in businesspeople and financiers, in the world of Capitalism 4.0."
Hat tip ~ Anatole Kaletsky, CAPITALISM 4.0
Hat tip ~ Anatole Kaletsky, CAPITALISM 4.0
Tuesday, January 5, 2016
Good Bank / Bad Bank... MFiM™ ~ Modular-Finance~in~Motion...
Citi Group / Citi Holdings
Good Bank / Bad Bank
Good Bank / Bad Bank
Friday, January 1, 2016
The Allegory of the Cave... The Big Short... The Sell Side... and The Story of Modern Finance Theory...
Plato’s Allegory of the Cave - Alex Gendler https://t.co/gZDqwdBoff via @YouTube
— MainandWall™ (@MainandWall) January 1, 2016
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