Modular-Finance™

MAN and Machine BEATS Man or Machine...

MAIN & WALL U and the Asymmetrical Information Problem...

Enlightenment Now...

When Thomas Jefferson wrote in the Declaration of Independence that certain truths were held to be "self-evident", he was not recording a timeless fact, he was asserting one into being.

Combinatory Play,,,

The human mind, with its recursive combinatorial power, can explore an infinite space of ideas, and is not limited by the quantity of any particular kind of stuff in the ground. When one idea no longer works, another can take its place. This doesn't defy the laws of probability but obeys them. Why should the laws of nature have allowed exactly one physically possible way of satisfying a human desire, no more and no less?


Steven Pinker, Enlightenment Now

"WORDS"

"Information will never replace illumination." Susan Sontag asserted in considering the conscience of words. "Words are events, they do things, change things," Ursula K. Le Guin wrote in the same era in her exquisite meditation on the magic of real human communication. "They transform both speaker and hearer; they feed energy back and forth and amplify it. They feed understanding or emotion back and forth and amplify it."  But what happens when words are stripped of their humanity, fed into unfeeling machines, and used as currencies of information that no longer illuminates?

Thanks to language, ideas are not just abstracted and combined inside the head of a single thinker but can be pooled across a community of thinkers. Thomas Jefferson explained the power of language with the help of an analogy: "He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper of mine, receives light without darkening me."

Modular-Finance and the role of central banks...

Franklin D. Roosevelt

"Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort."

The Institute for Modular-Finance...

Complexity / Chaos  / Evolution / Adaptive Markets / Efficient Markets / Biomimicry / Multiple Models / Agent Based Modeling / Design Thinking / Systems Thinking / Combinatory Play / Emergence / Radical Transparency / Antifragility / Fat Tails / Fat Tony / Black Swans / Stakeholder Theory / Shareholder Value / Stationarity / Modularity / Neuroscience / Cognitive Psychology / Rethink / Unlearn / Factor Investing / Evidence Based Investing / ESG Investing / Behavioral Finance / Financial Economics / Worldly Wisdom / Systemic Risk / Nudge / Obliquity / Animal Spirits / Orgel's Rules /

The Invention of Nature / Alexander Von Humboldt's New World

Look deep into Nature and Then you Will understand everything Better....

Modern vs Modular

Modern Finance has taken a Hit...over the past 15 years...

MFiM... Combinatory Play at Work...

In The World of Finance.....

...are you part of the Problem or part of the Solution.... Set up MAIN & WALL U to be part of the Solution...

Modular-Finance ~ Context Matters!!!

Modular-Finance - Beyond WALL Street....

" I'm convinced that the finance of the future will be able to address all of these social priorities. Our human intelligence will harness our collective fear and greed to solve our global problems. After all, it would take a true believer in the Efficient Market Hypothesis to assume that markets at present are allocating money to its best uses and that no policy interventions are needed. The Adaptive Market Hypothesis tells us that we can improve a market, a method, or an entire financial system, adapting it to our needs and the challenges of our environment. The same traits that make the financial system extremely effective in gathering and deploying the wisdom of crowds.

Finance doesn't have to be a zero-sum game if we don't let it. We can do well by doing good, and if we all work together, we can do it now. I can be Harvey Lodish, and so can you.

The whole, (crowd) can be greater than the sum of the parts.!!!

We shouldn't let finance drive our goals; our goals should be driving finance.