Subject:
complexity Complexity is a term used with reference to Post Modern Security Analysis and collaborative research, indicating the problems that arise from excessive complexity in modern financial markets, including such aspects as ‘too complex to manage’, derivatives, and the myriad products of financial engineering.
Information technology
By John Schroy, on July 10th, 2009 |

Whereas, in the days of Benjamin Graham, an analyst could count on Standard Statistics to provide the essential facts, three-quarters of a century later, this is no longer true in the case of its successor, Standard & Poor’s.
The tsunami of free financial information and increasingly complex markets, have driven up the cost of traditional security analysis. The less expensive route, technical analysis, is now favored by many. We must move beyond Graham & Dodd if fact-based analysis is to remain relevant.
Post Modern Security Analysis
By John Schroy, on July 1st, 2009 |

The old-fashioned, heroic security analyst, working alone in a dark room with a stack of annual reports, in a snow-bound house in Omaha, far from Wall Street, is less likely to solve investment riddles today, than fifty years ago.
The analyst of the 21st century must be ready to engage in collaborative research. The future lies in modern knowledge handling technology, including OSINT techniques, crowdsourcing, wiki software, and capital market taxonomy.
Post Modern Security Analysis
By John Schroy, on April 29th, 2009 |

Post Modern Securities Analysis deals with methods of collaborative research that are designed to deal with the tsunami of free, open source investment information now available, principally on the Internet.
The range of information relevant to capital markets is so vast that specialized technology is required to process data and organize collaboration with efficiency.
Capital Market Taxonomy and the use of semantic wikis are discussed in this article.
Popular Articles