Zooming to Zürich, by John SheehyI have a ticket on the 15:41 train from Hannover to Zurich and it’s a good thing I’m running 20 minutes early for my departure. For the last four days, Hannover’s usual population of around 500,000 has swelled to more than 750,000 thanks to the city’s prolific – and the world’s largest – annual industrial trade fair. It’s a busy day for intra-Europe train travel.
Samsonite suitcases and surgical masks are the order of the day. Many of my fellow passengers look like seasoned train travellers and they match perfectly with that very orderly vibe you get when travelling in Germany and other parts of Europe. Please click the thumbnail to the right for access to the full version of the Pottinger Perspective. |
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Conventional business decision-making places a huge emphasis on the short term, thanks to the mathematics that is hard-wired into discounted cash flow valuation methodologies. This approach is, however, fundamentally flawed. By lumping all risk into a discount rate - rather than explicitly evaluating each risk - the future is made to disappear. This dramatically undervalues both long-term risk and long-term reality. If you want to stress test this idea, just ask any any sophisticated futures and options trader how they assess value. For more on this, please read our white paper on how to "End Accidental Time Bias" (click image to download).
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Dawn Patrol, by Nigel LakeA year has passed since the effects of the COVID-19 outbreak first began to be seriously felt in the West. For most, it has been a challenging year both at work and at home, and plenty of uncertainties still lie ahead. Nevertheless, technological development has continued apace, not least with the development of multiple vaccines in record time.
Meanwhile, the immediate pressure on businesses and governments to deliver short-term results remains as high as ever, making it hard to find time to position your business – or country – for what lies ahead in 2022 and beyond. That said, powerful technological shifts are happening in several major industry sectors, creating opportunity for those that can find the time to think through the implications and begin to act. In Dawn Patrol, Nigel Lake share’s his perspectives on what is unfolding and how best to ride the technological waves as they build momentum. Read on>>> |
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