Here’s a quote about a program by Habitat for Humanity to try to get better results for people: By betting big on property in a down market, and with the help of a donor network, the group is creating Habitat neighborhoods. –Habitat for Humanity Tries Big-Scale Approach to Housing in Oregon That’s one point of…
Read MoreThere are plenty of examples where companies and government units borrow from their future in different ways. There are very different issues for the two actors, so we’ll split this into two posts: this one on companies and another future post on government. The traditional way that companies approach capital needs is to borrow money,…
Read MoreHere’s an interesting reference to the story about the “tech surge” to fix healthcare.gov. The story is interesting from a tech perspective, of course. It highlights interesting themes in the tech world about a discernable power law in the performance of great, versus merely good, developers. But that’s not why I’m writing this. I’m hearkening…
Read MoreWe’re continually amazed by the plethora of articles in newspapers and financial magazines that trudge over old ground, or what we thought was old ground. Short example, before we get to the article: why do otherwise wise-seeming publications continue to publish the historical results of mutual funds? Why do they ignore that whole efficient market…
Read More