Now, all of a sudden, a new idea is emerging…it’s barely an audible chirp, but it will become a tectonic rumble before long: Social Media is beginning to take on the characteristics of a Financial Instrument.
Archive for the ‘bank’ Category
They Are Saying Something New About Social Media, Finally
Submitted by Dan March 9th, 2010 - 01:00. No Comments »
Balance Sheet For Knowledge Assets
Submitted by Dan March 2nd, 2010 - 01:00. No Comments »
However, in the world of social media, a huge backlog causes a serious problem – it represents commitments made that have not yet been delivered. An unfulfilled promise in a social network is a liability and not an asset.
What The Heck Is An Asset?
Submitted by Dan February 25th, 2010 - 17:25. No Comments »
To ignore the fact that all rational human behavior, intentions, decisions, reactions, conversations, relationships, education, ideology and every other state of human consciousness in a market, corporation, community, family, or social network ARE NOT characterized in the form of a quantity and a quality, is frankly, ignorant to ones market, irresponsible to one’s community, and incompetent to one’s profession.
The Valuation of Intangible Assets
Submitted by smarter companies February 25th, 2010 - 12:00. No Comments »
I was recently sent a copy of a new Statement on Management Accounting about Business Valuation (free but registration required) from the Institute of Management Accountants. But when I read the paper with my intangible capital hat on, I was struck by how much the accounting challenges of intangibles are limiting and, perhaps, distorting the work of valuation professionals. Here are a few thoughts:
It’s a great overview of the process used to value businesses. None of the information in the paper was a surprise to me. I learned …
The Interesting Thing About Interest Rates
Submitted by Dan February 17th, 2010 - 01:00. No Comments »
The problem is that risk can never be negative, therefore interest rates can never be negative – that is called “breaking he buck”. Risk is a measure of volatility, or, “deviations from what is considered normal”. While there is certainly good deviations and bad deviations, there can never be a “negative” deviation from normal – it is a mathematical impossibility, a glitch.
Social Networks And The Innovation Bank
Submitted by Dan February 10th, 2010 - 01:00. No Comments »
Literally, there is no safe place to put your money. Instead, people are investing their productivity in social media – social media is simply a storage device for knowledge assets. Soon it will become a stock exchange for knowledge assets. Investors should not take this lightly – the best place to store your money is in the productivity of people.
Alternate Currencies; Breaking the Monopoly on Money
Submitted by Dan February 5th, 2010 - 01:00. 1 Comment »
Few people doubt that the dollar has more than a a decade or so of steam left as the interest on debts mythically exceeds the amount of currency on earth. Yet banks march on, heading straight for the cliff.
Video: Balancing The Equation of Global Outsourcing
Submitted by Dan February 4th, 2010 - 01:00. No Comments »
When we outsource our knowledge economy, the innovation economy is exterminated. The Ingenesist project specifies an Innovation Economy built on social media which will capture the knowledge inventory of communities – let’s hope that we have not forgotten how to build a ….
If the State Can’t Save Us, We Need a License to Print Our Own Money
Submitted by Dan February 3rd, 2010 - 12:00. No Comments »
Money consists only of “an agreement within a community to use something as a medium of exchange”. The medium of exchange could be anything, as long as everyone who uses it trusts that everyone else will recognise its value.
Dollar vs. Rallod; A Mirror Image Economy
Submitted by Dan February 2nd, 2010 - 01:00. No Comments »
Therefore, debt and innovation are blood brothers or mirror images of the other – they are both “currencies” (means of storing value) backed by future productivity. We can build a new economy around this concept which effectively weeds out the bad parts and keeps the good parts of the institutions and infrastructure that are already in place.
