Friday, June 20, 2008

The future of capitalism?

This is the work environment of the most powerful allocators of capital today.

Where are the reams of business plans and financing proposals? Where are the rolls of market and feasibility studies?

Large amounts of capital now flow freely throughout the world based primarily on market momentum, which is what the trader above mostly checks for.

If you are a businessman looking to raise new capital, good for you if you are in their radar for the moment. They will cause you to get more money than you know what to do with. But you might want to dissolve your business as soon as your sector or industry becomes their next fallen angel. They can make life hell for you by making the cost of your capital fluctuate more than a diabetic’s blood sugar on a feast-hunger diet.

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