Wednesday, October 27, 2010

Finance requires a purpose other than it's own to evolve and every worthy purpose needs to be financed

It's the Ying and the Yang - The Purpose defines and frames your strategy.A Purpose beyond yourself - PTJ - Bill Gates - etc  The Question is how far does your purpose extend

A new Model, A new culture, a new direction ...It's about Time

Alpha Matrix Matrix Wealth Management

Define the model - then to imatated is what it is an imatation

READING LIST

Capital 4.0
Complexity and chaos
The road to serfdom
The origin of Wealth
The big short
The myth of rational markets
The (mis)behavior of markets
This time is different
Modern Times
The last man and the end of history
The clash of cultures
The Alchemy of finance
the world is flat
the world is curved
21 laws of leader ship
thriving on chaos
the ascent of money
what got you here won't get you there

macro finance and micro finance

Optimize what is... first...... and strucrure yourself to manage change as i happens because as Fg said it happens

Until you get the two working in tandem you  do not have a model for peak performance ie Virginia pension system and harvard endowment.

Unless you can say life is fully funded go for it Buffet another dimension - Maslow - Gates
Micro - finance the role of Planning

Macro the integration of main & Wall

In a capitalist system, these are parallel universes not a homegenous world. complexity

Like the harvard model one feeds the other and they both grow together. when interest oustrips groeth you know where you are in the evolutionary cycle MASLOW

Sunday, October 24, 2010

Complexity theory and strategy

Complexity theory has been used extensively in the field of strategic management and organizational studies, sometimes called "complexity strategy" or "complex adaptive organization" on the internet or in the popular press. Broadly speaking, complexity theory is used in these domains to understand how organizations or firms adapt to their environments.The theory treats organizations and firms as collections of strategies and structures. When the organization or firm shares the properties of other complex adaptive systems - which is often defined as consisting of a small number of relatively simple and partially connected structures - they are more likely to adapt to their environment and thus survive. Complexity-theoretic thinking has been present in strategy and organizational studies since their inception as academic disciplines.

Friday, October 22, 2010

the Science of complexity, chaos and competition

Modular Stories

WINNERS
Dell
Microsoft/windows
Morningstar
ebay
Computer Software

LOSERS
CitiBank / One stop selling vs Sears
Merrill Lynch / Total Merrill

Endogenous Growth Theory

From Wikipedia

In economics, endogenous growth theory or new growth theory was developed in the 1980s as a response to criticism of the neo-classical growth model. The endigenous growth theory holds that policy issues can have an impact on the long-run growth rate of an economy. For example, subsides on research and development or education increase the growth rate in some endogenous growth models by increasing the incentive to innovate.

In neo-classical growth models, the lon-run rate of growth is exogenously determined by either assuming a savings rate (the Harrod-Domar model) or a rate of techical progress (solow model).

Wednesday, October 13, 2010