Quantitative data – is it objective? Always? Just because it is a quantity?
There is this widespread belief that quantitative data is objective. Most people think that anything that is a number has to be objective.
Category: Inspired by Borges
Inspired by Borges
Capital structure strategies, the goal of corporate finance and the stock market
There are many companies for who the stock market is reduced to a wealth calculator and no longer of access to additional capital. Let me explain.
The other side of risk management is investment
Let us start with a seemingly simple observation – management of risks means that someone is willing to bear risks accruing to another.
Ceaseless innovation?
This is one of the most fashionable things to say as if this is the profoundest observation but is actually something that goes against any credible thinking. Every innovation has to be followed by a process of stabilization and standardization without which the investment made in the innovation is unlikely to be recovered.
