Seen any Black Swans lately?

I live in part of the world where black swans don’t seem that unusual, but for many the idea of a black swan was unthinkable until they were actually discovered in Australia. Somewhere, I even have a hat with 32 Black Swans on it. The metaphor of Black Swans...
Trust and Verify

Trust and Verify

It is a truism that people don’t trust companies – they trust individuals. An example of this comes from a recent Australian survey. “Trust is the way most Australians define a great brand. When asked to rate factors that defined a great brand, nearly all the...
Trust and Verify

learning from the present

Today I saw a story about the big bang at the NYSE. Electronic trading likely to wipe NYSE floor of unique character The story relates to the transition to electronic trading by the NYSE some 20 years after the London Exchange and fears that many or most of the...