The Pervasion of Pseudo-Hedge Funds By definition, hedge funds are instruments that hedge market risk. In reality, however, there are very few authentic hedge funds that manage to hedge … 2016-03-14 Noriyuki Morimoto Buridan’s Ass and Innovation in Management Jean Buridan was a 14th century French philosopher whose name remains in the famous philosophical paradox called Buridan’s Ass. Imagine two identic… 2016-02-29 Noriyuki Morimoto Stamps as an Investment Asset Not everything becomes an investment asset. Even if something qualifies as investment for individual investors, the same cannot always be said for ins… 2016-02-15 You can’t Understand Japanese Stocks if You Stay in Japan Japanese stocks cannot, or rather must not, be seen from a domestic perspective. The value of Japanese stocks can no longer be understood unless you l… 2016-02-01 Noriyuki Morimoto Don’t Predict Human abilities have their limits. We may be able to make a rational assessment of probabilities, but we cannot tell what is going to happen in the fu… 2016-01-18 Noriyuki Morimoto A Palate for Asset Management Skills for asset management are not the same as those of a sushi chef: considering money, it is not taste but quantity that matters. But is quantity t… 2016-01-04 Noriyuki Morimoto Punished Capital April Evil (1956) is a novel written by John D. MacDonald. Its main story line is about a vicious robber breaking into a millionaire’s house. The v… 2015-12-21 Noriyuki Morimoto The day the rate of profit falls to zero Needless to quote Marx, the capitalist economy system entails a fundamental dilemma: capital accumulation itself brings down the rate of profit. This … 2015-12-07 Noriyuki Morimoto The French are the winners of the ukiyo-e trade It is well known that Japanese ukiyo-e woodblock prints had a strong influence on the history of French art. Ukiyo-e is said to have arrived in France… 2015-11-24 Noriyuki Morimoto The Philosophy of Fukushima On 11 March 2011, a massive earthquake and tsunami hit the Tohoku region. Did this an open a chasm beyond the reach of human reasoning? Is it a chasm … 2015-11-09 Noriyuki Morimoto «1…21222324»
