Author Archives: Luke Ford

About Luke Ford

I teach Alexander Technique in Beverly Hills (Alexander90210.com).

The Jurisdictional Wars: BlackRock, Global Infrastructure Partners, and the Hybrid Vigor of Private Markets

BlackRock enters private markets through endosymbiosis. It swallows Global Infrastructure Partners to gain new material. The firm moves from the thin-margin niche of indexing to the thick-margin niche of infrastructure. This is niche construction. The firm modifies the environment to … Continue reading

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Applying My Favorite Tools To The Hottest Issues Of The Day

Get them while they’re hot! Don’t burn your eyes. Please use this information responsibly. This telecast is copyrighted by Fordy University for the private use of our audience. Any other use of this telecast or any pictures, descriptions, or accounts … Continue reading

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BlackRock Is A Narrative Selection Engine

BlackRock is not just an asset manager. It is also a narrative selection engine operating at a scale that defies human intuition, managing delegated agency across heterogeneous clients under conditions of high capital mobility and political scrutiny. The legitimacy gap … Continue reading

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The Jurisdictional Wars: Alliance Theory and the Battle for Vanguard

Executives, division heads, and portfolio managers at Vanguard do not compete for authority by saying they want power. They compete by invoking languages of investor-first fiduciary duty, low-cost indexing discipline, client-ownership stewardship, or responsibility for stewarding trillions in ordinary investor … Continue reading

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The Jurisdictional Wars: Alliance Theory and the Battle for Authority at BlackRock

Executives, division heads, and portfolio managers at BlackRock do not compete for authority by saying they want power. They compete by invoking languages of fiduciary duty, long-term value creation, sustainable investing, Aladdin-enabled risk management, or responsibility for stewarding trillions in … Continue reading

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The Jurisdictional Wars: Alliance Theory and the Battle for Authority at Wells Fargo

Executives, division heads, and career bankers at Wells Fargo do not compete for authority by saying they want power. They compete by invoking languages of what is right for the customer, Vision and Values, conservative risk management, community stewardship, or … Continue reading

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The Jurisdictional Wars: Alliance Theory and the Battle for Authority at Citi

Executives, division heads, and career bankers at Citigroup do not compete for authority by saying they want power. They compete by invoking languages of Responsible Finance, global client stewardship, prudent simplification, or responsibility for sustaining a systemically important institution inside … Continue reading

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Elites Hate Power & Discretion In The Hands Of Non-Elites

Michael O’Hanlon is “chair in defence and strategy at the Brookings Institution and the author of ‘To Dare Mighty Things: US Defense Strategy Since the Revolution’.” He writes for the FT: “Congress must not give Trump a blank cheque for … Continue reading

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The Jurisdictional Wars: Alliance Theory and the Battle for Authority at Bank of America

Executives, division heads, and career bankers at Bank of America do not compete for authority by saying they want power. They compete by invoking languages of Responsible Growth, consumer-first stewardship, regulatory prudence, or responsibility for sustaining a systemically important institution … Continue reading

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The Camouflage Imperative

Biosocial scientists and anyone who takes the heritable, evolutionary component of human behavior seriously are operating in an environment engineered for asymmetric punishment under uncertain evidence. Modern elite institutions, especially academia but also large segments of media, foundations, NGOs, and … Continue reading

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