The Cynefin framework was created as a tool to be used in “sense-making”, a term broadly incorporating common sense into decision-making, something that we and all of our policymakers in Washington should certainly do more often. Fifteen years ago, David Snowden and a team at IBM came up with this new framework for looking at problems and assessing situations accurately so as to arrive at solutions and respond appropriately. They began by identifying four types of problems: simple, complicated, complex and chaotic, and moved on from there.
Continue reading2023 LeadingAge New York Annual Conference & Exposition
2023 LeadingAge Texas Annual Conference & Solutions Expo
Market Commentary: Consistency
Edgerton “Ketchie” Welch, a lifelong resident of Chillicothe, Missouri began his career at his family’s Edge-Mar Dairy but later came to run the local Citizens Bank & Trust Co., serving for a total of 55 years. At various points in his role as CEO, he reported an investment performance that beat the nation’s biggest banks and insurance companies. When interviewed by Forbes on his exceptional success, he admitted that he was not smart enough to play the stock market and never even heard of modern portfolio theory.
Continue readingSearstone (March 2023)
HJ Sims Completes 3-Step finance plan for North Carolina life plan community, Searstone, including nearly seventeen-month forward refunding.
Continue reading2023 LeadingAge Arizona Annual Conference
2023 LeadingAge Pennsylvania Annual Conference
2023 LeadingAge Michigan Annual Conference
2023 LeadingAge Maryland Annual Conference
2023 LeadingAge Georgia Annual Conference: The Greater Good
2023 LeadingAge Iowa Spring Conference and Solutions Expo
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Building Hope 2023 IMPACT Summit & Awards
2023 LeadingAge North Carolina Annual Conference & Expo
Market Commentary: Banking On It
Recency bias is a term used in behavioral economics that describes the tendency of people to believe that recent events will occur again soon, that the current state of being will continue indefinitely, that headlines which feel ominous and immediate necessitate urgent action. Lacking the wider-angle lenses of history and mathematical probability, this type of bias affects trading and other short-term decisions that people make — panic selling, bubble buying – fueled by fear or greed in volatile moments.
Continue readingCapital College & Career Academy (February 2023)
HJ Sims successfully closes on $13.9 million Series 2023 Bonds for Sacramento, CA start-up public charter high school, Capital College & Career Academy.
Continue readingMarket Commentary: Where Everyone Knows Your Name
The Goosebumps books are written at a third to seventh grade reading level, unlike the minutes of the Federal Open Market Committee which cater to the ivory tower crowd. They feature no violence or death, unlike the trade press which has been reporting on the past year’s devastating market losses in brutal detail, and the mainstream media which has documented pandemic casualties for the past three years. A common theme in Stine’s writing is the use of wit and imagination to escape horrendous situations. This is an approach that we all cling to in this second decade of the third millennium as we wrestle with all our grown-up fears.
Continue readingSims Mortgage Funding, Inc. 2022 Year in Review
Have you ever heard the saying may you live in interesting times? That was the watchword for Sims Mortgage Funding, Inc. last year, as higher interest rates and increasing construction costs posed a significant challenge to their deal pipeline.
Continue readingHJ Sims Market Commentary: Goosebumps
The Goosebumps books are written at a third to seventh grade reading level, unlike the minutes of the Federal Open Market Committee which cater to the ivory tower crowd. They feature no violence or death, unlike the trade press which has been reporting on the past year’s devastating market losses in brutal detail, and the mainstream media which has documented pandemic casualties for the past three years. A common theme in Stine’s writing is the use of wit and imagination to escape horrendous situations. This is an approach that we all cling to in this second decade of the third millennium as we wrestle with all our grown-up fears.
Continue readingCommunity First Solutions (January 2023)
HJ Sims advises Community First Solutions, Ohio-based owner and operator of three senior living communities, on accretive independent living expansion.
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