Equity Paybacks as Patronage and Stewardship

Innovations in Fiduciary Finance for Financing the Alpha and the Omega of the Social Contract between Enterprise and Popular Choice.

Patronage is the unique investment thesis of Private Money set aside by others to provide for their own, and aggregated through Family & Friends and allocated to enterprise, for its use in doing its work, for a time, at a cost and on terms.

Enterprise is:

• a social organization of physical Knowledge + Networks + Routines
• for doing the work of paying cost-for-value in order to exchange value-for-price
• by creating a surplus of unique artifacts as the expression of technology as knowledge of the way the world about us works, in some specific way, and how it can be make to work more a way we choose to make it, in that specific way, in abundance for sharing with others, transactionally, in exchange for a price paid in money or other value.

Finance anticipates the success of Enterprise in completing exchanges of value-for-price by providing the money required to pay cost-for-value in return for a share of the price realized through exchange.

The success of every enterprise follows the same pattern of flourish and fade in the social contract with popular choice that begins with innovation and moves through platform and field budding to amplification for integration into the network of exchanges that is the economy, eventually becoming the standard solution of choices for some portion of the population, as the best fit to the circumstance then prevailing, before in the fulness of time fading into history, as a good fit to the circumstances that prevailed at an earlier time, differing from technology to technology only in scale and longevity of the flourish and fade.

An investment thesis is a formula for anticipating the success of an enterprise, and sharing in that success, in return for suppling all or some of the money needed by the enterprise to pay cost-for-value in order to succeed at exchanging value-for-price.

Different formulas fit the circumstances then prevailing within the enterprise at different points on its journey from innovation to obsolescence.

Different formulas for finance also fit different strategies for aggregating money.

Private Money is the most malleable of all the different kinds of money as savings for investment in financing for enterprise, because it can made to be anything the family and its friends believe is good for the family, and its friends.

It can choose to invest through any investment thesis that the family and its friends agree is good for the family, and its friends.

Which means it can invest in Equity Paybacks for INCOME with IMPACT.

There is only one other kind of money with the capacity to invest in Equity Paybacks. That is the Mid-Century Modern social innovation of Fiduciary Money as society's shared savings aggregated into social trusts for programmatically provisioning the social safety net of Workforce Pensions.

The character of these social trusts include:

• vast size;
• programmatic purpose; and
• forever time.

They derive from this character the capacity to use circa 1983 vintage personal computing technologies of spreadsheet math, desktop publishing and digital communication to financially engineer equity paybacks to an actuarial/fiduciary cost of money, plus opportunistic upside, from enterprise cash flows prioritized by contract for:

• suitability of the technology to the circumstances then prevailing;
• longevity of the enterprise under the circumstances then prevailing; and
• fairness in how the business does business, under the circumstances then prevailing.

Equity Paybacks are an alternative to investing in speculation on volatility and growth in market clearing prices for securities in the markets for maintaining market clearing prices on securities, that have self-branded themselves and "the capital markets" to surreptitiously create the false expectation that all capital for business must be sourced through these markets.

There is an alternative. It is the Untaken Safer Alternative of Equity Paybacks for INCOME with IMPACT from Private Money and Fiduciary Money.

Abraham Burickson writes in his Phase Zero newsletter today

we can look at the numbers and we can do the math, but much of our understanding is via embodied intelligence, which is an intelligence that works largely at its own scale. A body best understands another body of its own scale. Physically, we can comprehend?a home that our body inhabits, a hunger our body?feels, a pain our body?can imagine. This is the source of empathy, a recognition of like things in oneself and others.

https://mailchi.mp/odysseyworks/tocisadiagram-17453262

Abraham is writing about the news of today, that feels like it is happening "on a scale that is ... uncontainable".

But the same can be said about money for financing enterprise at the scale of our economy today.

How can we recognize in such things "like things in oneself and others"?

How can we embody an intelligence at the scale of Pension investing in the Untaken Safer Alternative of Equity Paybacks?