Entering cycle upturns and downturns with the right amount of inventories and employees can spell the difference between success and failure for a business. ECRI clients improve the tactical timing of their decisions on these and other items, leading to strategic opportunities unavailable to their competitors who were surprised by cycle turns.
The institutional knowledge housed at ECRI about business and inflation cycles simply does not exist anywhere else. So, while asset managers certainly have access to a large amount of forecasting options, they are very unlikely to obtain better cycle forecasting and analysis elsewhere.
Now that the value of information has gotten to be about zero, there's an overload, and I think what's gonna be the end result is the value of expertise is gonna go to infinity. Because it's harder and harder for people to digest all these inputs, let alone make sense out of them, let alone translate them into investment decisions.
- Wilbur Ross, CNBC, Dec. 1, 2009
More Information >Read this jewel of a book and start your own personal cycle upturn.
Jim Grant