SaratogaRIM Blog Posts

On occasion, a topic is too complex to focus on within a single quarterly report. We will use our Blog space to publish essays that XYZ.

Our ongoing Latticework series examines today's investment environment through the lens of multiple disciplines. Previous essays explored the same broad questions through the lenses of behavioral finance and neuroscience.

The latest essay approaches those questions through the lens of microeconomics, focusing on how competition and market structure shape who ultimately captures the value created by innovation.

Complex investment problems rarely yield to a single discipline. Our objective is not to replace one framework with another, but to build a broader latticework of mental models in which each discipline contributes insights that the others simply can’t.

The next essay in this series will examine these same questions through the lens of financial statement analysis, focusing on how accounting determines when economic benefits and costs become visible to investors.