Month: August 2009

Design versus planning: what to do when you don’t know what to do

The scientific method has been responsible for the most extraordinary improvement in mankind’s standard of living. Since the Enlightenment and the Renaissance, it has been responsible for every major advance in human understanding and technology. The scientific method relies on a positivists worldview, which can be said to value certainty, control, objective reality, and planning. […]

Exploring the “n-dimensional” space of Narrative Inquiry

I always thought of storytelling as being of 1 kind; I am uncovering that there is something like an “n-dimensional space” of perspectives on story-telling. For instance, on just one dimension: scope.  There is a hierarchy of how “complete and of what size” the story is that includes the following categories (arbitrary right now, and of […]

Traders roundtable: how does position sizing compare to diversification as a risk management tool?

In a recent traders roundtable discussion, our talk came around to a discussion of two different risk management tools: position sizing and portfolio diversification. The question became: which one of these strategies is more effective? The discussion led us to quickly reframe that question into one which said “how do both of these strategies, and […]

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