Transformation and Disruption: Innovation and Absurdity

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Transformation and Disruption Innovation and
Absurdity (Opportunity, Irrationality,
Transformation, and Absurdity) Transformational
and Disruption Innovation and Absurdity examines
the extraordinary opportunities and risks
associated with disruptive technologies and the
global transformation they are causing. Instead
of headline-grabbing hyperbole, this edition
tries to explore these developments in a more
detailed, methodical, and disciplined way.
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Transformational and Disruption Innovation and
Absurdity examines the extraordinary
opportunities and risks associated with
disruptive technologies and the global
transformation they are causing. Instead of
headline-grabbing hyperbole, this edition tries
to explore these developments in a more
detailed, methodical, and disciplined way. Some
of the world's most important industries are
being profoundly impacted by technological
innovations and new software platforms, such as
artificial intelligence, digital
assets, blockchain-based businesses, gene
editing, and DNA sequencing, creating
unprecedented economic disruption. Investment
success requires not only understanding these
impacts but also grasping many other economic
forces and elements ranging from global
economics, game theory, competitive and
microlevel analysis, as well as human behavior
and emotions. Stable predictability is
increasingly anachronistic. Every company or
industry will either be a disrupter or
disrupted. The leading growth companies of today
stand an excellent chance to be memories
tomorrow. This new world makes stability and a
static competitive advantage less relevant.
Looking for moats is becoming a fools errand.
Investing will require more technological
expertise, knowledge of major developments, and
an understanding of the accelerating impact
permeating the worlds economy. The factors
that influence any investment's true value are
beyond a simple formula. Extraordinary returns
are generated by a combination of factors beyond
what the market understands. The total of all
market decisions does not create an understanding
of the future value of any investment. It is a
static snapshot and passive investing works for
passive decisions but is a flawed tool for any
active decision-maker. This book discusses
disruptive innovation, recent technological
breakthroughs, globalization, leadership, fiscal
and monetary policy, and other topics usually
relegated to economics or behavioral textbooks.
But, inferior performance comes from not
understanding all the elements, macro, and
micro, that influence investment choices, the
policies impacting those decisions, the
competitive environment, and management's
leadership qualities essential to
outperform. This book also avoids general
statements ("invest in creative destruction,"
"disruption and transformation will create
wealth") that sound good, and tend to be popular,
but are meaningless. I am much more concerned
with how to think about a problem and develop a
unique and better decision. Specific situations
are dynamic and quickly escape a simple formula
or any broad sweeping conclusions. General
statements are a waste of time, profoundly
inefficient and misleading, and designed simply
to make the reader feel good without giving him
or her any useful way to think more deeply about
analysis and conclusions that matter. This is
not a "how to pick stocks" book. Along with
platitudes, there are no simple formulas or any
other effortless way to outperform the market.
Deep thinking about the factors that matter is
complex, challenging, unique to each situation,
and escapes simplicity. This book is not
organized as a straightforward narrative, but in
sections addressing different topics. The
contents are a combination of a series of
articles and lectures and can seem fragmented.
But each topic and subtopic is meant to stand on
its own. It can just as effectively be read in
different chunks and not in any narrative
series. It can be a reference book, as well as a
descriptive analysis. Visit to know More
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