Between the founding of the East India Company in 1600 and the post-subprime world of 2011, the idea of the corporation was born, matured, over-extended, reined-in, refined, patched, updated, over-extended again, propped-up and finally widely declared to be obsolete. Between 2011 and 2100, it will decline — hopefully gracefully — into a... See more
Why write in public? “The ability for smart, useful observations to get into the hands of people with fewer ideas but lots of capital has never been better. You can build both a reputation and balance sheet this way.”
Here’s an even crazier article from 1984 denigrating calculators and claiming that slide rules were just as effective and quick, with the added undeniable advantage that your slide rule would never run out of battery power.
By extending patronage into an asset class, not only would you be able to support projects & earn social status, but also earn a potential profit from trading it. Since these collectibles are tradable at any price, traders can make a profit whilst supporting their favourite projects. If they make a loss from trading the asset, they at least... See more