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Designing the Machines That Will Design Strategy

Harvard Business Review

LTCM was founded, in 1994, by some of the best minds in finance theory, including two Nobel Prize winners. Within this machine, people and technology must each play their particular roles in an integrated fashion. Beyond its predictive power, this approach also achieves speed, scalability, and evolvability.

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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

And Icahn, like Buffett, no longer has to worry about what is probably the biggest barrier to value-investing success — clients who abandon you when value falls out of fashion. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money.

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Business Should Focus on Sociality, Not Social "Media"

Harvard Business Review

They're — yes — touted this year by the fashion cognoscenti as the latest sartorial must-have. In short, sometimes, fashion is the opposite of style, and falling victim to its whims is a cringe-worthy error of vanity. Now, let's talk about meggings , and their even less fortunately named cousin, mantyhose. In a word: life.

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Is Economics Ready for a New Model?

Harvard Business Review

Summers, meanwhile, is the second most powerful economic official in the U.S. Chaos — and the broader catch-all, complexity — became an enormously fashionable economic topic for a few years.The physicist-founded Santa Fe Institute in New Mexico was the center of this work. — at least for another couple of weeks.