[FoRK] The World Is Not Flat

Ken Ganshirt @ Yahoo ken_ganshirt at yahoo.ca
Tue Jan 19 14:00:43 PST 2010

--- On Tue, 1/19/10, J. Andrew Rogers <andrew at ceruleansystems.com> wrote:
> On Jan 19, 2010, at 12:11 PM, Stephen Williams wrote:
> > Actual distance is a red herring now because of
> hyper-efficient shipping.  Intermediaries in many cases
> are only there when they are more efficient than the
> alternatives.  Commercial distance is a metric of time
> and money which is only loosely connected to actual
> distance.
> There are "quant" logistics companies that do not own any
> shipping assets. They make vast quantities of money by
> finding and exploiting inefficiencies in the global supply
> chains operated by "real" logistics companies and
> reshuffling the assets to (hopefully) create a profit.
> Bloody speculators...

Some are anlysts or consultants and some are arbitragers. 

Some analysts and consultants add as much value as they extract. Some are just scoundrels. 

Arbitragers are all scoundrels. 


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