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Microcosm vs macrocosm
Microcosm vs macrocosm












microcosm vs macrocosm

It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees. The use of leverage can lead to large losses as well as gains. The high degree of leverage that is often obtainable in commodity futures, options, and forex trading can work against you as well as for you. You should carefully consider whether such trading is suitable for you in light of your financial condition. THE RISK OF LOSS IN TRADING COMMODITY FUTURES, OPTIONS, AND FOREIGN EXCHANGE ("FOREX") IS SUBSTANTIAL. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. The successful firms have the greatest overlap between the microcosm and macrocosm and the will to act on this overlap. There is only one macrocosm while there may be many microcosms. There is no value judgment of it being right or wrong. Culture and philosophy trump strategy, but success is whether this style microcosm can map effectively into the macrocosm. Whether a firm is successful will depend on whether their microcosm can match reality in the world macrocosm. It fell out of favor with philosophers in modern times.ĭifferences in corporate strategies will be related to each firm’s microcosm. These discussions focused on the place of the individual in the greater cosmos. The idea of the microcosm and macrocosm comes from the ancient Greek philosophers who discussed the place of the human beings in the universe. Pierre Wack, the great scenario strategist for Royal Dutch Shell, would say that that every manager or firm has a microcosm view or mindset while the world and firm operates in a macrocosm. If they are not, it requires the investor to adjust their model to eliminate the bias. They are rational because they are consistent with the mental model being employed. These mental models form their rational expectations or rational beliefs. Other will call this their belief system. Every investor has a mental model of how the world works.














Microcosm vs macrocosm