banks & perverse incentives Not long ago, banks required tax-payer subsidies to offset risky bets that never should have been made in the first place. These banks had leveraged their bigness into an economic life raft, paid for by the public. Many went on to profit from betting against the exact same messes they'd made… Continue reading too big to succeed
Month: January 2020
where to from here? context on my strategy bets for 2020
Context for my strategy bets have to do with localism, social infrastructure, tools and weapons, monetization of data, inequality, imperfection, education, wealth creation and law, evolution, game theory, automation, trauma, information asymmetries, misinformation, aging, attention, homelessness, hearing, American history, tap dance, poetry, debt, the Blues, the Delta, rural towns, sorting, forgetting, market failures, resilience, leaderless… Continue reading where to from here? context on my strategy bets for 2020