Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.
Kind of a cool thought.
Here are some of the posts that caught my eye. Hope you find something interesting.
Had a quick stop-over in Beijing and got to visit to the Great Wall of China.
Interesting to see how modern China is becoming.
My first visit to China was in the 1990s. A lot has changed (mostly for the better).
Here is a picture that compares today's Shanghai with what it looked like twenty years ago.
Progress.
Had a quick stop-over in Beijing and got to visit to the Great Wall of China.
Interesting to see how modern China is becoming.
My first visit to China was in the 1990s. A lot has changed (mostly for the better).
Here is a picture that compares today's Shanghai with what it looked like twenty years ago.
Progress.
Obviously, business effects the economy of states. But, as the Washington Post notes, businesses are not created equally – bigger businesses naturally have outsized influence, generating more revenue, paying more taxes and employing more people.
The following chart shows the largest company, by revenue, in each state. Some of these seem like easy guesses. For example: GM in Michigan, ExxonMobil in Texas, Berkshire Hathaway in Nebraska, Nike in Oregon, Walmart in Arkansas, and FedEx in Tennesse.
via Washington Post.
But some of the others were surprising. For example, in Washington (home of Microsoft and Amazon), it is CostCo. Equally surprising, to me, was Verizon in New York, and Chevron in California.
Obviously, business effects the economy of states. But, as the Washington Post notes, businesses are not created equally – bigger businesses naturally have outsized influence, generating more revenue, paying more taxes and employing more people.
The following chart shows the largest company, by revenue, in each state. Some of these seem like easy guesses. For example: GM in Michigan, ExxonMobil in Texas, Berkshire Hathaway in Nebraska, Nike in Oregon, Walmart in Arkansas, and FedEx in Tennesse.
via Washington Post.
But some of the others were surprising. For example, in Washington (home of Microsoft and Amazon), it is CostCo. Equally surprising, to me, was Verizon in New York, and Chevron in California.
As Sir Mix-A-Lot said: It was "Orchestral Movements from the Hood" night in Seattle.
He performs his "classic" with the Seattle Symphony.
via YouTube.
via YouTube.
Classy!
Laughter is the medicine … unless you have diarrhea.
Here are some of the posts that caught my eye. Hope you find something interesting.
Laughter is the medicine … unless you have diarrhea.
Here are some of the posts that caught my eye. Hope you find something interesting.
Several months ago, a chart swept across trading desks highlighting the "scary parallel" between the 1929 market and what was happening in the market environment earlier this year.
While their trajectories appeared to track one another, critics noted the construction of the chart was deeply flawed.
Now, that comparison doesn’t look so frightening anymore. the comparison is officially dead.
via Birinyi Associates.
As the image below shows, the parallels between 1929 and today no longer exist.