By Hazel Henderson Remember the old Wall Street adage, “Bulls make money; bears make money; pigs go broke!”? Today, not so much. Pigs often win, particularly those armed with computers and algorithms. Speed and complexity are the tools of those seeking alpha, hiring quants to create ever more complex derivatives …
GMI Ratings in the News: Corporate Governance, Forensic Accounting
In the News Executive Compensation, Combined CEO/Chair 5/3/13 — 1 Way This Company Squanders Your Investment — Motley Fool “Want to destroy billions in shareholder value and still get 75% of your bonus? Consider working at AT&T (NYSE: T), or another company with combined CEO and chairman roles.” 5/1/13 — …
Book Review: ‘Dark Pools’ By Scott Patterson
Dark Pools is a page-turning, fascinating account of how computerized algorithmic high-frequency trading (HFT) and electronic platforms evolved, took over financial markets and turned the NYSE floor into a mere “puppet-show for TV.” Author Scott Patterson, a reporter for theWall Street Journal, is a consummate observer. Dark Pools is a …
Book Review: ‘Reinventing Fire’ by Hazel Henderson
For over 35 years, the world has counted on veteran energy expert Amory Lovins to guide humans through the great transition from the fossil-fueled Industrial Era to today’s Information Age and beyond. Read the book review on Seeking Alpha…
Book Review: David G. Victor’s ‘Global Warming Gridlock’
Review by Hazel Henderson, originally published on SeekingAlpha.com This book, “Global Warming Gridlock,” Cambridge University Press 2011, by a deeply knowledgeable expert on all aspects of climate change, is an indispensible roadmap for the global debate about how to move beyond the Kyoto Protocol’s expiration in 2012. For full review, …
Book Review: ‘The Sixth Wave’
Review by Hazel Henderson, originally published on SeekingAlpha.com The Sixth Wave by James Bradfield Moody and Bianca Nogrady, Vintage Books Australia 2010 Using the analogy to the famous waves of technological change modeled by Nikolai Kondratiev, these authors, both Australian experts, look at the global technological future. The tragic life …
Book Review: The Globalization Paradox
Review by Hazel Henderson, originally published on SeekingAlpha.com Dani Rodrik in his latest book moves much further outside the perimeter of conventional economics than before. He describes the battle within the economics profession between the “hedgehogs” (who know one big thing) and the “foxes” (who know many things). For full …
Book Review: World 3.0
Review by Hazel Henderson, originally published on SeekingAlpha.com This book provides a look inside the global corporate mindset through the eyes of a leading business school academic and consultant. Ghemawat’s World 3.0 is not seen as a living planet with human societies within its biosphere. Rather his World 3.0 is …