Hammer Hedge Innovation Technology 
Harvard Business Review
SEPTEMBER 16, 2014
Even in the most hard-nosed of private equity firms or hedge funds you will find that people align with strategies that mean something to them, that they’re passionate about. Private equity or hedge funds through the ‘80s and the ‘90s, exactly the same story. Noble: Economies and business operate in very complex systems.
Harvard Business Review
APRIL 2, 2014
Shiller hammered away on this point in the ‘80s, and in fact Fama also published some of the same observations. That is, potentially amazing technology if you can only figure out how it works. Instead what he says is let’s have financial innovation that is actually helpful. They tend to be followed by declining prices.
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