Author: Byron Alley

Popcorn’s Trends in 2015

Back in the 90’s Faith Popcorn wrote The Popcorn Report, a best-selling business book on popular trends, where she made a strong distinction between mere passing fads and longer-lasting societal trends. Her analysis was so effective that even today you can see that…

Getting the Black Swan Wrong in Russia

CNBC’s article on the “three black swans” [1] that Russia’s banks are apparently facing is a perfect example of getting the entire black swan concept wrong. Herman Gref is quoted as saying that Sherbank is facing “not one Black Swan but…