|
500
years ago, a serious investment meant taking stakes in shipping trips
to distant or unknown lands to pursue commerce and development. The
voyages were fraught with risk of losses. Success depended on managing
risk well.
Ship owners and sailors will pay up for good maps.
Unlike
today, no maps then were complete or accurate. Unfortunately this is
not even the case with Investing and Strategy still. With rare exceptions,
we have not gone beyond charts and the matrix. We do not even as a matter
of best practice use maps. Financial Voyage is our small contribution
to encourage more people to do so.
Today we take for granted such sea voyages. Serious Investing and Business
still involve voyages - not over water, but in the mind and nerve, in
contests over scenarios, concepts and ideas expressed as critical uncertainties,
surprises and turing points, and constantly changing numbers in financial
instruments and indicators.
Crafting personal and corporate strategies or strategically positioning
oneself to benefit from trends and turning points in the market forces
us to grapple with issues at the edge of what we know. It is complex,
very much like a blind person trying to feel for the shape of an elephant
- a large animal. What you know is little compared to what you do not.
To add to the injury, the human mind is only capable of processing three
to four pieces of information concurrently. So we design causal and
relationship maps to help us do better. Beside helping us ovecome the
thinking barrier, it stitch together the maps from other "blind
men" who have felt other parts of the elephant that is beyond our
reach. Seeing the fuller picture help us understand the situation better,
and also reduce the uncertainty.
We talk to experts, take good articles and analysis and turn them into
NaviMaps. We organize them into bigger maps, and using proprietary
techniques (NaviThink) and software "calculate" the
outcomes. We produce early warning indicators and voyages with promising
prospects.

|
|