Blog Archives

Book Report: What Should We Be Worried About

“In all sorts of complex systems, this is the general trend: Increasing the coupling between the parts seems harmless enough at first. But then, abruptly, when the coupling crosses a critical value everything changes. The exact nature of the altered state

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Posted in Books, Everything, Finance, Math and Science

Book Report: Smart People Should Build Things

“That’s how we give rise to the virtuous cycle of job creation and innovation. We seed an environment with both human capital and financial capital and we engage for years. We make it so that building things is the valued

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Posted in Books, Careers, Finance, Math and Science

The false strategy of pursuing shareholder value

“Shareholder value is the dumbest idea in the world.” – Jack Welch Early in Obliquity, John Kay devotes an entire chapter to examining why profit often evades those who seek it. This chapter, The profit-seeking paradox: how the most profitable companies are

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Posted in Books, Everything, Finance, Leadership

Book Report: Flash Boys

“They truly believed that the market at the heart of the world’s largest economy had grown too complex, and was likely to experience some catastrophic failure. But they were also trying to put an end to a game they could

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Posted in Books, Everything, Finance

Book Report: The Big Short

“The line between gambling and investing is artificial and thin.  The soundest investment has the defining trait of a bet (you losing all of your money in hopes of making a bit more), and the wildest speculation has the salient

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Posted in Books, Finance

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