This author has not written his bio yet.
But we are proud to say that Doug Howarth contributed 20 entries already.
Perfect is the enemy of good – Voltaire Suppose you have the task that fell to Cristina (C): Find the Demand Frontier slope for flat-screen TVs. Her sister, Sheila, charged with estimating their value, had it easier, as she found the features and prices for these devices on many sites (see the post three months […]
“Simple can be harder than complex.” – Steve Jobs Suppose you analyze a market and find four features that help describe a product’s value or sustainable price. Your power form equation reads Price = constant * feature 1^a * feature 2^b…feature 4^d. How can you simplify each expression so that more people can grasp its […]
“The more you learn, the more you earn” – Warren Buffett In this true story, we hide the names to protect the players and don’t tell you the venue, either. In 2014 (A), we ran three market Y value equations (not shown). All showed that Project X was under-priced. We find validation of these projections […]
Everything counts in large amounts – Depeche Mode It’s hard to be flawless in human endeavors. You can bowl a perfect game, throw one in baseball, or get the equivalent in the NFL if your quarterback rating hits 158.3. Athletes who reach high performance levels get rewarded handsomely. Hypernomics finds there is money in approaching […]
Irony is wasted on the stupid. Oscar Wilde In his 9/1/2021 article, Jon Hemmerdinger discovered Aerion, a company tied to its AS-2 supersonic business jet (C), was going to put its assets up for sale (E). He further found Aerion had hired Development Specialists (DS) to manage the process, and DS had “not set a […]
“Everything must be made as simple as possible. But not simpler.” ― Albert Einstein In the last post, Paul Samuelson said equilibrium prices exist where supply meets demand. While prices for simple products work that way, Value analyst Sheila (A) suspects markets for more complicated products behave differently. She knows she can account for mountaintops […]
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” Josh Billings Paul Samuelson (A) wrote, “the equilibrium price, i.e., the only price that can last, is that at which the amount willingly supplied and the amount willingly demanded are equal. Competitive equilibrium must […]
“Price is what you pay, value is what you get” – Warren Buffett In the last post, as we studied the Aerion AS2, we found out how Hypernomics could help avoid losses. Someone asked me how Hypernomics could be used to make money. A stock fund is one good example. Value analysis is a critical […]
“Everybody funny, now you funny too” – George Thorogood This is sad. In December, I showed how the Aerion AS2, A, had a 1 in 40 chance of making its sales goal of 300 supersonic business jets at $120M in 10 years. They shut down Friday. Crucially, all 55 aircraft over $80M that sold over […]
Things don’t turn up in this world until somebody turns them up. James A. Garfield In the mid-1900s, there was a race to find the mechanism that passed on genetic instructions. The double helix structure of DNA that James Watson and Francis Crick discovered was a simpler solution than many biologists thought possible and caught […]