“I conceive that the great part of the miseries of mankind are brought upon them by false estimates they have made of the value of things.” – Benjamin Franklin
- The source of all economic value.
- Why some investments and companies grow while others wither & die.
- Why the internet bubble burst in the same way that the railroad bubble and the radio bubble did before it.
- How the money “belief system” works.
- Why traditional economic thinking about prices misses the mark.
Our economy is an adaptive selective process that evolves just like nature. A deep understanding of this truth helps investors gain a special perspective on innovation, gain competitive advantage, and create economic value.
The Nature of Value shows how and why economic value adapts and changes. Detailed analyses illustrated with 110 charts & diagrams show how value is created, lives, and dies through an evolutionary adaptive selective process.
Whether you are an experienced “value” investor, a new investor, or just intrigued by fresh thinking about our lives within the economy, The Nature of Value will prove to be a fascinating and potentially profitable read.
Praise for The Nature of Value
—Guy Spier, Managing Partner, Aquamarine Capital,
—Paul Johnson, Columbia Business School
—Steve Waite, author of Quantum Investing and Boomernomics
Congratulations to R. Miller of San Diego, winner of the i-pad mini pre-order drawing.
is the founder of Thoughtful Capital Group, a value research and portfolio allocation consultancy firm based in Greenwich, CT USA.
His past work and research includes:
As a software entrepreneur he was featured in the documentary Venture Town USA where his firm tied for 2nd place in the Southern California Venture Capital Association competition.
He delivered risk research to the US Senate on the World’s largest technology problem. His applied investing research work beat the S&P 500 by over 90% during the global financial crisis 2007-09 outperforming 99% of all hedge and mutual funds.
His lifelong interests have been in studying large interesting problems and sustainable economic development for poverty reduction.
Born and raised in the US, he has lived and worked in 6 countries, studied cultural and economic anthropology and art history at the University of Iowa and received an MBA from the École Nationale des Ponts et Chaussées in Paris, france. Nick holds the CAIA Chartered Alternative Investment Association designation. He has held series 3, 7, 63 and UK FSA registrations.