I have always loved the study of economics recently this is all I have been reading. While most of the concepts were somewhere in my head, it took a while for them to come back to me.

However, validation came to me listening to Ben Bernanke this morning, his talk was lucid and his economic theory makes sense in fact often through his testimony, I felt as if he is a professor explaining economic concept to the congress men and women without being condescending like a regular prof.

Wonder if Greenspan will make sense?

 This is something new, that I will be doing with my blog now, linking to other interesting blogs that i subscribe to and read ona regular basis. And adding my commentary.

Quote

How to Change the World: Ten Questions With Michael Raynor

By contrast, Microsoft built a series of strategic options that positioned the company for success under a variety of different outcomes. Microsoft had what turned out to be a better strategy only because it didn’t commit itself to a single strategy. For example, when IBM began aggressively creating a competitor to MS-DOS and Windows, OS/2, Microsoft collaborated with IBM. The Windows development effort is evidence of Microsoft’s belief in GUI OS’s, but Microsoft was also getting a foothold in applications development for GUI-based systems by writing Excel and Word for...Apple! Corporate customers seemed to think that UNIX had a promising future, and so Microsoft was investing in UNIX too even as it released new versions of the by-then venerable menu-driven MS-DOS.

Shola's Commentary:

This tells me that what Microsoft will do about our current threats like Google and new quests like unified communications is deeply understnad the strategy of the current players and come up with a strategy that will enable us to win, irrespective of the randomness factors i.e. upredictable future and external shock.