The Dividing Line of Discipline
“What is the difference between investing in the stock market and gambling?” This question was posed to me about a year ago by a friend of mine, and it has profoundly shaped my perception of the markets ever since. Obviously, there are significant differences between...Capitulating to Market Deconstruction: The March to an Unreasonable Imperfection
Plato and Hegel saw constant changes and sometimes revolutions as the seeds that forced societies to rise to the historical occasion of their times. Moreover, both of them considered evolutionary changes the ingredient that could inspire a march of Reason to...Buying the Narrative
Company valuation is one of the more recent iterations of the ancient human tradition of storytelling. Like all traditional narrative forms, it pits a protagonist (company managers) against a problem (how to generate profits) and details how they overcome the...Mess with the Bull(whip) and Get the Horns
Investors are getting a front-row seat to Supply Chain 101 during and in the aftermath of the global pandemic. Interconnectedness seems to always be unveiled amid crisis, whether that is financial contagion such as the Asian Financial Crisis or global operations, as...Canceling the Noise; Not by Bread Alone Part XIII
Whether we talk about Herodotus, Thucydides, Montesquieu, or Gibbon, the fundamental element is that history illuminates human conditions. If we take it a step further, we discover that history is not the unpeeling of the past but the breathing in of the living...Sign Up for Our Publications
