The paradox of index investment The market index is the average price of securities traded on the market. The average price is the aggregate of the results of price fluctuations of i… 2020-08-03 Noriyuki Morimoto The appeal of buying a bad company with a good business in Japan Companies are acquired because they are worth buying. A good company is fully worth buying, so it can only be acquired at a price above its value, or … 2020-07-20 Noriyuki Morimoto The Achilles and tortoise paradox The impossibility of Achilles to catch up with the tortoise, or the arrow to reach its target, represents a well-known paradox in the history of philo… 2020-07-06 Noriyuki Morimoto Banking regulation as the culprit of economic crises No matter how many banks exist on the planet and seem to compete with each other, as they basically engage in the same business, they tend to make man… 2020-06-22 Noriyuki Morimoto The S-curve is the key of investment In Otemachi, a prime location in the center of Tokyo, the land price is extremely high, and so is the rent. Meanwhile in Jimbocho, a neighboring town … 2020-06-08 Noriyuki Morimoto The Three Rs of Human Resources The tasks of human resources can be summarized into three Rs: the first R is Recruit (attracting personnel), the second is Retain (keeping them), and … 2020-05-25 Noriyuki Morimoto The nonsense of “special consideration based on company rules” When companies decide how to treat people, they must be able to justify the treatment. People accept the treatment only because they have agreed on it… 2020-05-11 Noriyuki Morimoto Is settlement of funds a financial function? If a commercial transaction is settled by transferring hard cash, that settlement does not constitute a financial function. However, settlement of fun… 2020-04-27 Noriyuki Morimoto The dilemma between macroprudence and collective idiocy When individual financial institutions engage in business activities based on their own rationality, the accumulation of actions taken by all the fina… 2020-04-13 Noriyuki Morimoto The Meaning of Corporate in Corporate Finance Finance typically means finance for corporations, or corporate finance. Now, a company that raises funds has a purpose, or an object, for using those … 2020-03-30 Noriyuki Morimoto «123»
