Why Central Bank Losses Matter: The Case of the Hypothetical Wallpaper Bonds
Imagine we are sometime in the distant future. A company has suffered years of declining earnings, and the dividend is at risk. Then, through a stroke of luck, people come to covet the company’s bonds...
View ArticleInvestment Uncertainty Is Not Going Away: Understanding Complex Systems Can Help
An approach called complex systems can help analysts get a better handle on investment uncertainty. It does so by providing a means of pattern recognition that picks up where statistics and finance...
View ArticleThe Battle for Your Strategic Soul: Knight vs. Coase
Today, strategy adds value when it understands and exploits uncertainty better than the competition. Pure efficiency can no longer be the only way. Read more
View Article
More Pages to Explore .....