Capitalism 2.0: Value Creation vs. Value Destruction

In the Creator vs. Speculator debate, there is also the need to deal with the issue of when speculation becomes a way of value destruction as opposed to value creation. One of the problems that we have with Wall Street compensation is that traders make money both as the market goes up and as the

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Financial Crisis & Short-Selling

I am not an expert on financial markets. To the extent I write about stocks and markets, I stick to what I know and understand: technology, products, business, and strategy. However, I have often wondered what good does short-selling bring about as a financial tool.

Rakesh Khurana’s Business School Mission Critique

I read an interesting piece in the WSJ this week called Business Schools Forgetting Missions. :: Business-school professors are masters at critiquing everyone else’s work. They pick apart Microsoft Corp.’s strategy; they rebuke Enron-era companies for ethics breakdowns. They are so busy gazing outward that it’s unthinkable for them to rip into their own institutions.

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