I’ve been sending newsletters for Odin River since March of 2015.
Some have requested that I share some of the thinking publicly, so below are the “Markets” sections of the newsletter for 2015.
The future will be transparent, so mission driven businesses with values based cultures are the only ones that will survive.
Why? Because technology reduces the cost of information through history and will continue to do so in the future.
There is a fundamental disconnect between the timing required for Progress to emerge — meaning long-term themes — and the noise of the day-to-day in public financial markets.
Unfortunately, I’m being drawn into talking more about the fact that #cycles matter given the delusion that some people continue to want to maintain about the idea that markets are safe and go up forever.
Markets fluctuate all the time and even face significant declines without causing systemic problems.
However, from time to time, there are big collapses, the most recent of which occurred in 2008.
I just spent time with a good friend who asked me: “Why do you believe in Progress?”
I’ve been hard at work building a firm dedicated to this deep faith in Progress for over a year now. This philosophy of Progress is absolute. I believe in the long run, Transparency…
Published a Snapstorm on the Brexit.
The election is behind us.
The new Administration will be in office soon and life will go on. Our Country and our planet will continue marching forward, regardless of how frightening the headlines might sometimes be.
Technology reduces the cost of information over time. This leads to more access to knowledge. Tools of miniaturization mean access to the computational power to harness this knowledge like never before.
