Nick Gogerty: Part 1 of an interview by Bob Morris

First Friday Book Synopsis

Nick is the author of The Nature of Value: How to Invest in the Adaptive Economy (Columbia University Press 2014) and involved in a technical confidential project with one of the world’s largest global macroeconomic hedge funds. He lectures in Columbia University’s MBA value investing program on innovation, macro-economic portfolio, and scenario risk management.

Hedge 86

Nick Gogerty: Part 2 of an interview by Bob Morris

First Friday Book Synopsis

Nick is the author of The Nature of Value: How to Invest in the Adaptive Economy (Columbia University Press 2014) and was involved in a technical confidential project with one of the world’s largest global macroeconomic hedge funds. He lectures in Columbia University’s MBA value investing program on innovation, macro-economic portfolio, and scenario risk management. […].

Hedge 77
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

Should they make a big bet, hedge their position, or just wait and see? We tend to see situations in one of two ways: either events are certain and can, therefore, be managed by planning, investment, and reliable budgets; or they are uncertain, and we cannot manage them. Our instinct for determinism may well have been an evolutionary innovation. Probabilistic risk managers will think about the future of how they work.

4 Models for Using AI to Make Decisions

Harvard Business

At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word. Elite MBAs (Management by Algorithm) are the new normal. The implications of success scare them more than the risk of failure. Top management would have to trust its computationally brilliant bidding software. McKinsey, Bain, and BCG are the management models here.

CAPEX 44

How Blockchain Is Changing Finance

Harvard Business

But the solution to this innovation logjam has emerged: blockchain. To be sure, blockchain may enable incumbents such as JPMorgan Chase, Citigroup, and Credit Suisse, all of which are currently investing in the technology, to do more with less, streamline their businesses, and reduce risk in the process. Menlo Park venture capital firm Andreessen Horowitz joined USV in investing in Polychain Capital , a hedge fund that only buys tokens.

Calculating the Market Value of Leadership

Harvard Business Review

To gain more insights into a specific firm, investors have shown more interest in intangibles like strategy, brand, innovation, systems integration, collaboration, and so on. Organizational refers to the systems these leaders create to manage leadership throughout the organization and the application of organization systems to specific business conditions. People manager: To what extent do leaders build competence, commitment, and contribution of their people today and tomorrow?

GAAP 12

A Remedy for Soaring Executive Pay: Focus Less on It

Harvard Business Review

For example, they could require boards to disclose or explain the link between pay arrangements and strategy and risk management, how pay levels in other parts of the firm are taken into account when devising executive pay programs, the rationale for any significant divergence in the growth rate of compensation between top executives and front-line employees, and amounts clawed back from executives when performance deteriorates.