Innovation

Happy Birthday, America: 250 Years And Still Going Strong

The Founding Fathers knew they were putting their lives on the line when they signed the Declaration of Independence in 1776. While we get to say happy birthday, I suspect they are all smiling now, as the country has become the largest economy in the world. The Gross Domestic Product (GDP) measures this. It is… Continue Reading: Happy Birthday, America: 250 Years And Still Going Strong

Why Creative Destruction Can Be a Good Thing

Creative Destruction was a term coined by Austrian Economist Joseph Schumpeter in 1942.  This term essentially describes the dismantling of current processes and procedures to make room for improved methodologies. However, for investors creative destruction really matters as capital does not disappear, it moves, typically from what is not working to what is working. An… Continue Reading: Why Creative Destruction Can Be a Good Thing

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