Que Sara, Sara.

But who knows what will be?

In the words of one visionary:

“Some of the best minds of our era are still in thrall to an older way of seeing and thinking We’ve left our future, in other words, largely in the hands of people whose single greatest characteristic is that they are bewildered by the present. Our current leaders like things as they are. The words “potential” and “threat” rhyme in their consideration. They don’t appreciate that puzzles such as the future of United States–China relations or income inequality or artificial intelligence or terrorism are all network problems, unsolvable with traditional thinking.”                                                                                                       J.C. Ramo

Imagine this is all a game, being played by three teams, The West, Asia, and “The Others”. West has a play book autographed by Knute Rockne; Asia has a play book written in Python (whatever that is). The Others don’t have a play book.

The West team don’t like each other, and they dislike, The Others, even more; but they absolutely hate Asia, who refuses to play by their rules. The West hasn’t won a game this season. Asia has won some and lost some. The Others, refuse to play until somebody pays them.

Who are you going to bet will win?

Wrong question.

Don’t you realize, we’re all in the game, but most of you are sitting on the bench and don’t know what you are watching. IT’S A REVOLUTION. A TECHNOLOGICAL REVOLUTION! The solutions will not be found by sifting through the ashes of the past. The solution begins by taking down all the stupid trade barriers.

Stop taking it personal, America, it’s only business.

About Frank Sortino

Frank Sortino is finance professor emeritus from San Francisco State University and Director of the Pension Research Institute which he founded in 1981. For 10 years he wrote a quarterly analysis of mutual funds for Pensions and Investments Magazine and he has written two books on the subject of Post Modern Portfolio Theory. He has been a featured speaker at many conferences in the U.S., Europe, South Africa, and the Pacific Basin. Dr. Sortino received his Ph.D in Finance from the University of Oregon and has carried out research projects with many institutions like Shell Oil, Netherlands and The City and County of San Francisco Retirement System.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s