Leather and Suits

tetw:

by Venkat Rao

It is a sort of grim privilege for the generations living today to watch the slow demise of such a spectacularly effective intellectual construct. The Age of Corporations is coming to an end. The traditional corporation won’t vanish, but it will cease to be the center of gravity of economic life in another generation or two.  They will live on as religion does today, as weakened ghosts of more vital institutions from centuries ago.

(via emergentfutures)

visualoop:

Via

For the less financially trained among us, here is what classical portfolio theory will teach you.

That is of course, assuming that all possible information regarding risk and returns is well known and already priced into securities.