THE FUTURE OF ASSET PERFORMANCE MANAGEMENT REQUIRES A FOUNDATION IN TODAY'S REALITY

摘要

Fortune tellers in ancient China used heated metal pokers to create cracks in bones or empty turtle shells. They would use the patterns in the cracks to predict the future, and by recommending actions they affected the fate and fortunes of states and their people. We now laugh at these primitive, superstitious methods of prediction, but we should recognize that even in their primitive form, fortune telling practices had an important benefit for these early civilizations: namely, organizing people around a common course of action in the face of uncertainty. In this age of big data, we should not forget that collaboration and alignment are still vitally important outcomes of our predictions.