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Designing the Machines That Will Design Strategy

Harvard Business Review

It’s not implausible to imagine that one day a “strategist in a box” could autonomously develop and execute a business strategy. LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners. If all you have is a hammer, then everything will look like a nail.

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Why Those Guys Won the Economics Nobels

Harvard Business Review

The prizes were awarded “for their empirical analysis of asset prices,” but what the three had been doing looked from the outside less like a common endeavor than a not-all-that-coherent argument. Campbell’s work has also made liberal use of the analytic tools developed by Hansen. Still, Campbell is a great explainer.

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