Wednesday, February 1, 2017

Who owns half of the cash Americans firms hold abroad?

Who owns half of the cash Americans firms hold abroad?

Microsoft and Google.

Wednesday, January 11, 2017

How to get something?

How to get something?
Working towards it for decades.

Sunday, January 8, 2017

How to be more judicious than anyone?

How  to be more judicious than anyone?

Having skin in the game more than anyone.

Wednesday, January 4, 2017

What is the first priority?

What is the first priority?

The first priority is to figure out what would be required to do what we want to do , followed by whether we can carry out the mission.

Friday, December 30, 2016

How to run a succesfull experiment?

How to run a succesfull experiment?

First, take two or three risky strategies.
Next expose them to a series of shocks.
Then wait several years to see which strategy survives.

Wednesday, December 7, 2016

Why does the banker get the bailout and the merchant goes bankrupt?

Why does the banker get the bailout and the merchant goes bankrupt?

Because systemic risk is not a justice-based possiblitity and the amount of debt determines on who the sky will fall (the bigger the debt the less chance to fall).

Wednesday, November 2, 2016

Why we are in an unknown environment?

Why we are in an unknown environment?

Because the whole society has turned into a "perfect" system
in hands of an alien power that has nothing to do with you.