When a financier asked me that question recently, my first thought was how Einstein would answer that question. Not that I compare myself to Einstein, but because the reinvention of the operating system affecting the renewable efficacy of manmade practices of policy, capital, and innovation applies to all of us. So, I cannot identify a narrow target audience, nor is my discovery of nature’s truth as simple and easy as a hamburger drive-thru.
Let’s be clear we are not a think tank, for we do not derive our conclusion from regurgitating data based on events that have already occurred. We base our method on the first-principles of nature, undocumented and unused before we entered the scene. Indeed, it is astounding that the theory of relativity, as discovered by Einstein, has not found its way into the workings of a human theory, systems, and rules by which the renewal of human efficacy is expected.
To the best of proven human discovery today, everything in the universe and our planet revolves around relativity. Except for humanity thinking to know better and continuing to deploy systems of absolutism without serving collective interests falling at least one dimension short of human capacity.
Nature’s entropy dictates that sustainability does not exist. Thus any policymaker or financier in love with ESG, PRI, and the like, will have insufficient proximal development capacity to be proven wrong. Sustainability must be replaced by the relativity of renewal, which requires an understanding that the available energy is constantly declining, and new systems must be developed to reap the benefits from constant renewal rather than from growth for the sake of growth as the ideology of a cancer cell (Edward Abbey).
As Einstein said, you cannot reinvent something with the same level of thinking that got you where you are today. A new normalization of truth must be recognized to derive newfound first-principles that drive the creation of new systems in policy, capital, and innovation to recalibrate ourselves to nature. Only when we are prepared to challenge the mindless solipsism and devolving renewal of human truth and replace it with nature’s truth can we expect to live as long as humanly possible.
For asset owners and managers, my methodology is the last shot at the regenerative success they may get. Forced to reinvent themselves, except for a few smart ones, and under pressure from their governments and members, most financiers rallied around greenwashing programs fundamentally incompatible with nature.
My methodology is nature’s methodology, or our most comprehensive understanding thereof. It uses what we learned from the discoveries of nature to play nature’s game. A game we best not mess with. Investing using the first-principles of nature is not investing in nature but investing in humanity to become more compatible with nature.