Richard Green is a professor in the Sol Price School of Public Policy and the Marshall School of Business at the University of Southern California.
This blog will feature commentary on the current state of housing, commercial real estate, mortgage finance, and urban development around the world. It may also at times have ruminations about graduate business education.
If we're to believe informed experts, all of us are cousins! That's a lot of links {smile}
Sorry to stray from the topic of the post: was curious about your thoughts on "econophysics" and its role in a recession or depression if we are due for one in coming months or years.
I noticed that, for instance, Goldman Sachs employs some physicists-by-training to guide their investments. I also noticed that they are one of the few companies that have benefited from a melt-down. Are they onto something, or just cognizant of the fact that physicists tend to be very bright folks. Seems that part of building an entity that can command markets is to present the image of a having a deep understanding of how markets work. But smart folks come from all walks of life. Do you think they have the physicists there to simply enhance their credibility? Something along the lines of: "We are using the latest lessons from quantum mechanics to model future inefficiencies... etc." -- as a way of obfuscating the fact that Wall Street is all about perceptions, and the biggest moneymakers are the ones who understand greed best?
Sometimes you cannot instantly tell if a neighborhood is excellent or bad. When the periods comes to offer or lease out, this becomes fairly obvious. David lindahl anti scam noted in a few aspects that impact the neighborhood you purchase Business model Exit strategy Location within neighborhoods
If we're to believe informed experts, all of us are cousins! That's a lot of links {smile}
ReplyDeleteSorry to stray from the topic of the post: was curious about your thoughts on "econophysics" and its role in a recession or depression if we are due for one in coming months or years.
I noticed that, for instance, Goldman Sachs employs some physicists-by-training to guide their investments. I also noticed that they are one of the few companies that have benefited from a melt-down. Are they onto something, or just cognizant of the fact that physicists tend to be very bright folks. Seems that part of building an entity that can command markets is to present the image of a having a deep understanding of how markets work. But smart folks come from all walks of life. Do you think they have the physicists there to simply enhance their credibility? Something along the lines of: "We are using the latest lessons from quantum mechanics to model future inefficiencies... etc." -- as a way of obfuscating the fact that Wall Street is all about perceptions, and the biggest moneymakers are the ones who understand greed best?
Sometimes you cannot instantly tell if a neighborhood is excellent or bad. When the periods comes to offer or lease out, this becomes fairly obvious.
ReplyDeleteDavid lindahl anti scam noted in a few aspects that impact the neighborhood you purchase
Business model
Exit strategy
Location within neighborhoods