A Way Forward Infinite planet, infinite human growth and development. Not a good combination. We’ve got to leave a green footprint, or at least a greener footprint. How? Well, if you can’t eat it, drink it, breathe it, bathe in it, if it hangs around for hundreds of...
No accident that “current” and “currency” are nearly identical. Both evoke a sense of flow. Electricity, air, water, money do no work, have no impact unless they move, unless they flow — from place to place, machine to machine, business to business, person to person....
Don’t get burned by the alphabet soup of financial instruments If money only makes a difference when it moves, financial instruments are the working parts, the circling water wheels that convert flowing water into energy and power, the navigational locks that regulate...
CryptoCurrency and the Weird World We Live In Money. Whatever the form, it is at the core simply a medium of exchange. For millennia, people have used some form of this medium for the conduct of transactions from everyday commerce to, more recently, complex financial...
When venture capital rains down, the smallest seed of an idea can become a beanstalk to the sky. They talk about burn rate and clawback and deal flow and exit velocity. They work in nondescript buildings, undersized companies of 10 to 20, yet capable of generating...
(Well, mostly risk) For our readers who’d like to brush up on A(c) = -u”(c)/u’9(c) or R(c) =-cu”/(c)/u’(c) or even portfolio theory as methods of determining one’s level of risk aversion, with apologies, that’s not what we’ll be doing here. As much as we’d like to get...