Sunday, January 30, 2011
We want to compete for your business - all great competitors know success is not a linear process - and often requires you reinvent yourself - Mary kay example - Baseball players go through slumps etc but they adjust because thay "have a platform to Adapt"
Posted by MainandWall™ at 9:10 AM
Sunday, July 25, 2010
Modern Finance Assumes Stationary. as well as economics. It assumes that the probability doesn't Change. But the problem is that the process is random rather than deterministic. Stationary assumes that the way you go from summer to winter and back again is always the same. All modern finance assumes stationary. But financae is all about structual changes and how we interpret them. We don't live in a world that is stationary.
Posted by MainandWall™ at 9:47 AM