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Blue Ocean’s Sarenski discusses how things have changed since recession, market downturn

SYRACUSE — Theodore (Ted) J. Sarenski, president and CEO of Blue Ocean Strategic Capital, LLC in Syracuse, says the 2007-2009 financial-market downturn, when stocks fell by more than 50 percent, caused substantial changes that still ring true today, including clients’ behavior. But other things, such as his firm’s approach to making investment decisions, have stayed

The Wealth of Nations is Their Freedom

In 1776, Adam Smith in, “The Wealth of Nations,” theorized that “When institutions protect the liberty of individuals, greater prosperity results for all.” Institutions are significant national practices, rules, or organizations that frame the environment in which goods are produced. Institutions help determine acceptable behavior and establish the incentives that stimulate or prevent economic growth.

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