(New) No growth without innovation, no growth even with innovation Karl Marx argued that the self-propagation of capital is the growth engine of the capitalist economy. He predicted that as capital accumulates, the ra… 2025-06-23 Noriyuki Morimoto The futile attempt to put a price on work There are jobs for which the price of the work is objectively fixed. A typical example is contracting for simple tasks, but there are also many cases … 2025-06-09 Noriyuki Morimoto Art banking and the art of investment Art banking is a financing method where art is the collateral: essentially high-end pawning. At the end of the day, art collection is a kind of hobby.… 2025-05-26 Noriyuki Morimoto Limitations of risk management by selling In investment, the most simple and basic way to manage risk is to immediately sell assets when you sense danger. This is risk management by selling. … 2025-05-12 Noriyuki Morimoto Creation is a shift in values The source of creation in modern society is desire. The capitalist economy has grown with desire as its fuel, and has developed dramatically through t… 2025-04-28 Noriyuki Morimoto Long-term investment is to solve short-term issues from a long-term perspective Pension funds are corporations that are assumed to exist permanently. As long as the pension system is expected to continue, the fund’s assets will no… 2025-04-14 Noriyuki Morimoto A simple and thorough method of fulfilling fiduciary duty In the Anglo-American legal system, fiduciary duty is at the basis of the investment management business. Fiduciary means to fulfill responsibilities … 2025-03-31 Noriyuki Morimoto The absurdity of a promotion-above-all value system Once upon a time in Japan, corporate employees destined to end their careers without attaining executive positions were called the “window-side tribe.… 2025-03-17 Noriyuki Morimoto Don’t cut back on spending, invest in the future The government is encouraging working people to build up assets for a comfortable retirement. However, the contradiction of this policy is that, as lo… 2025-03-03 Noriyuki Morimoto Sophistication of finance and sophistication of housing In a super-aging society, we can no longer afford to take a consumer-centric approach in housing, allowing homes to be discarded after single use as d… 2025-02-17 Noriyuki Morimoto 123…26»
