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Fourth, this artificially expanded opportunity will favor general bigness and concentration in finance itself.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
His power was real, grounded in his unique role in channeling the ballooning trove of American savings. One way or another, through control of boards, investment partnerships, or just implicit understandings that a bank’s or an insurance company’s investment committee would follow Morgan’s lead, he and his partners disposed of perhaps 40 percent of
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
probabilities attach themselves to the descriptions of events and not to events themselves.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Mario Gabriele • The Future of Solo Capitalists | The Generalist
focusing the collective efforts of the firm’s principals around carefully chosen areas of experience would…
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David H. Maister • Managing The Professional Service Firm
Competition in the market for the firm’s services will, over time, require the firm to seek out lower costs for projects of a particular type, and there will often be opportunities for an increasing proportion of juniors to be used on projects that, in the past, required a high proportion of senior
David H. Maister • Managing The Professional Service Firm
Divorce compensation (both