latest posts
Future of Energy – $100 a Barrel Oil
October 23rd, 2007
There is no question in my mind but that oil will rise to at least $100 a barrel within the next year. It is easy to see a scenario of $125 a barrel price in the same time frame. The triple digit price of oil will become the norm. Recently it has been trading in the $80-90 range, and as it approached the upper end of that range the media began again covering the story with “sky is falling†concern about what this might mean for the economy. This reminded me of the comment that James Schlesinger, the first U.S. …
The Merchant Banker of Intellectual Capital
October 8th, 2007
Intellectual Property (IP) has always been important. However, as I have written here, in the last 30 years, it has replaced hard assets as the most important part of corporate valuations. In the Shift Age IP will be the most important asset that any individual or company can own. The ability to create value, transactions, liquidity and ultimately an open marketplace of Intellectual Capital (IC) is therefore one of the most important historical developments that lies ahead for the emerging global economy.In a couple of recent columns, I have written about the efforts of one company, Ocean …
Sometimes it is Easy to See the Future – 5
September 13th, 2007
To quote from one of the four prior posts with this title:
“While in many areas it might be difficult to see into the future, in the area of technology the future can be readily seen. The speed of technological invention and innovation moves so quickly that we have barely assimilated a recent breakthrough when another shows up to knock us back on our heels again. While these innovations do provide a glimpse of our future, they can be disorienting in that they show us that the Present that we are struggling to accept and assimilate will soon be outdated.â€
Cloud computing …
The Financial Exchange for the 21st Century
August 1st, 2007
The New York Stock Exchange was founded in 1817. This was some 50 years after the beginning of the Industrial Age. The need for the NYSE was, in part, a result of the transition of the U.S. economy from one that was completely agricultural to one that was rapidly becoming industrial. During the course of the 1800s the NYSE became increasingly important to the economy as a financial market that could provide both financial liquidity to listed companies and as a way to establish valuation and worth of all companies traded.
In the 20th century the NYSE was joined by many …