Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff
The Bloomberg Billionaires Index is a daily ranking of the world's richest people.
The site is interactivie and lets you look at the imformation from different perspectives (e.g., who made or lost the most money today? … Or, last year?). Click to launch Bloomberg Billionaires.
Each Billionaires profile contains a detailed analysis of how that person's fortune has been tallied.
Interesting.
Big Data is like teenage sex: everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it.
Here are some of the posts that caught my eye. Hope you find something interesting.
Conference calls are often mind-numbing and frustrating. ConferenceCall.Biz is a site that captures that brand of white collar existential tension and dread … as performance art.
via Zach Scott.
It is a simulated conference call in which the participants seem perpetually talking at cross purposes, coming into the conversation late, and expressing frustration that they’re discussing material they’ve already covered. Lucky you, it even has distracting background sounds, like a dog barking.
The audio and images are randomized so that each conference call proceeds in a new way.
It's kind of like the Eagles' song "Hotel California" … you can check-in any time you like, but you can never leave (at least until you close the browser window). From the sound of it, the ConferenceCall.Biz participants have been attempting to get the deliverables to management for a long time.
According to IFI Claims, IBM was assigned a record 6,809 patentsin the United States last year, marking the 21st straight year that IBM has topped the unofficial U.S. patent ranking.
via Statista
Google and Apple, often considered the most innovative companies in the world, were ranked 11th and 13th, respectively, both breaking into the Top 20 for the first time.
Just read a pretty good analysis of "Global Risks" (where Global Risk is defined as an occurrence that causes significant negative impact for several countries and industries over a time frame of up to 10 years).
A key characteristic of global risks is their potential systemic nature – meaning that they have the potential to affect an entire system, as opposed to individual parts and components.
Here are the Top 5 Global Risks, based on likelihood and severity of impact.
via World Economic Forum.
So, the big issues are: Financial Crisis caused by or in conjunction with … Social Problems (employment levels and income disparity), Environmental Issues (e.g., climate and weather), and/or Cyber Threats. Surprise, Surprise, Surprise …
The WEF article is much more nuanced and worth reading if you are interested.
On a related note, here is a video clip where Jon Stewart discusses the World Economic Forum:
The Daily Show
Get More: Daily Show Full Episodes,The Daily Show on Facebook
It is a little funny to think about a group of the world's wealthiest people gathering in an secluded mountain enclave to discuss concerns over income inequality.
Seattle fans made the ground shake during a Seahawks football game, something they are calling the BeastQuake.
Here are some of the posts that caught my eye. Hope you find something interesting.
Everybody might be working for the weekend … but how far does that go towards expanding our countries' economies?
In other words, each hour we work contributes to our country's gross domestic product. But by how much?
Here is a look at the GDP per capita, compared with the average numbers of hours worked in each country.
SOURCE: OECD.
While we may work hard in America, an hour of work produces double the value in Luxembourg.
If you can read this, you are spending too much time at the computer.
Here are some of the posts that caught my eye. Hope you find something interesting.
Here is a data visualization that compares various superfoods and nutritional supplements based on the evidence of the health benefits they deliver, as well as how popular they are with scientists and the general public.
Click the image to launch an interactive version. It lets you choose how to sort and sift; in addition, hovering over a balloon causes it to expand — and gives you more data about that item for a particular purpose.
from David McCandless.
Items that fall under the 'no' to 'slight' evidence categories are probably snake oil.
Interesting.
The markets continue rising despite what you hear about the economy and government gridlock.
Meanwhile, the monstrous budget deficit might actually be dropping at record rates too.
The White House released a chart showing it has cut the deficit in half.
Source: White House
Remember, the deficit refers to an annual number — how much outlays exceed revenues in a given year. The national debt refers to the total amount a nation has borrowed, over time, to finance these deficits.
What do you think it means, and how will it affect your trading plans?
