Thursday, September 16, 2010

Sunday, July 25, 2010

A cyclical Phase or an evolutionary Phase

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.

Tuesday, July 20, 2010

Tuesday, July 13, 2010

Globalism 4.00

Globalism 3.0 - the fall of the Berlin wall
The EU etc etc

Globalization 4.0 - The Formation of the G-20.

Globalism 2.0 and Capitalism 4.0

Government and Markets are the Components

Culture plays a part MAINTAIN the CULTURE

Gettysburg Address.
Government of the people by the people and for the people shall not perish from the earth... gives us our edge let's not lose it.

In our model Wall Street is about people, day to day life, the culture and their behavior.

Wall street is about Markets, their purpose their contribution to the civilization. When they work hand in hand its a powerful force.

The Difference between the micro and macro level is blind faith in the rational man

When every thinks that way there is no "Evolution" - The Macro Man doesn't it only works a market only works when every body is doing their homewor and their part IE. Equity research. A business man worries about the changing Environment An index player doesn't. Financial planners and the age of Mutual Fund Investing.

Monday, July 12, 2010