Capitalogix

Living Longer, Healthier, and Better

Each year I get a little bit more focused on what I can be doing to get more out of my time and to increase the quantity of time left.

Even with a renewed focus on health, it isn't always easier. As my friend Ben Hardy says, Willpower Doesn't Work - you have to identify goals that are bigger than yourself, create consequences and rewards for achieving or failing to achieve those goals, and change your environment to make success easy.  

I don't just want to be healthier to increase my time on earth, but to better support my family, my business, and to create a positive impact on those around me. 

When you have a vision of who you want to be, and what you want to accomplish, achieving your goals becomes a lot easier. 

When the goal is health, there are definitely some decisions that are proven to help. You can click to see the image in full-size. 

via informationisbeautiful

 

On top of the science, here are some of my anecdotal opinions on living longer, healthier, and better:

• Losing weight is as simple as calories in, calories out. It doesn't matter if you're on keto or eating only twinkies if you can keep your calories ingested below your calories burned
• In life, and in diets, shortcuts end up hurting you long-term more than they help you short-term
• Living "right" doesn't mean you can't let loose, it means that it's the exception instead of the rule. If your lifestyle doesn't let you have fun with your friends or family, it's probably not the healthiest lifestyle. Mental health is just as important as physical health

 

I'd love to hear your favorite "trick" to living better. Feel free to send me an e-mail. 

Thanks! Live Long and Prosper!

Here Are Some Links For Your Weekly Reading - July 28th, 2019

Here are some of the posts that caught my eye recently. Hope you find something interesting.

 

Lighter Links:

• Elon Musk Unveils Neuralink's Plans for Brain-Reading Threads' and a Robot to Insert Them. (TheVerge)
• Ethical Artificial Intelligence Becomes a Supreme Competitive Advantage. (Forbes)
• The 1 Private Thing Queen Elizabeth Insists on Doing Every Single Day. (Cheatsheet)
• The World's Best Restaurants. (Bloomberg)
• Amazon Surpasses Apple and Google to Become World's Most Valuable Brand. (MacRumors)

 

 

Trading Links:

• Microsoft's 'Blow Out' Fourth Quarter Beats Analyst Projections by $1 Billion. (CNN)
• Netflix is Losing Beloved Shows, Subscribers, and Confidence. (TheVerge)
• Market Commentary From The Rocky Mountain Summit. (CumberlandAdvisors)
• Who Will Win? Banks, FinTechs or BigTechs? (FinExtra)
• How Discount Brokerages Make Money. (Kalzumeus)

Another Year, Another Lesson!

Yesterday was my 56th birthday - I know, I know, I don't look a day over 55.  Regardless, time marches on, and I become increasingly grateful for the friends and family who are journeying through time with me.

We didn't make it to the Jersey Shore this year or have genuine Philly Cheesesteaks, but we did eat amazing food, tell old stories, and spend quality time together. There is a lot to be said for family and tradition.

When I was a kid, I couldn't imagine being where I am today ... nor could I imagine the path that got me here. Looking back, it all seems to make sense (even though it felt pretty random while making my way through it).

I feel lucky to have been in the right place at the right time, so consistently, and to find the gift in most situations (even when it seemed so well hidden).

I'm grateful for a lot today, and as much as I love innovation, sometimes things are perfect just the way they are. 

Hope you took time this weekend to let someone know they're important to you. If not, now is a good time for that too!

Here Are Some Links For Your Weekly Reading - July 21st, 2019

That's one small step for man, one giant leap for mankind. - Neil Armstrong

Yesterday was the 50th anniversary of the Apollo 11 moon landing mission. This remains one of mankind's biggest achievements and a testament to dreaming big.

 

One - An Apollo 11 homage from Woodwork on Vimeo.

 

Here are some of the posts that caught my eye recently. Hope you find something interesting.

 

Lighter Links:

• Humans and AI Will Work Better When They Start Learning from Each Other. (TheNextWeb)
• What AI-Driven Decision Making Looks Like. (HBR)
• Iranian Cyber Threat Heightened by China's Support for Cyber War on U.S. (Forbes)
• Fish Replacement May Be the Next Big Wave for Alternative Protein Development. (TechCrunch)
• The Dalai Lama is Deeply Sorry' for Saying a Female Successor Should Be Attractive. (Good)

 

 

Trading Links:

• Business Model Innovation. (AVC)
• The Business of the Body. (Economist)
• Extreme Concentration of Global Wealth. (Ritholtz)
• These are the 25 Poorest Countries in the World. (USAToday)
• Big Tech Has Dug a Moat that Rivals and Regulators Can't Cross. (Bloomberg)

Fueling Alpha: Data is Powering the New World

Data is becoming a precious commodity.

A staggering 90% of all the world’s data (2.5 quintillion bytes per day) has been created in the past two years alone ... and its value is rapidly rising.

With IoT growing from 2 billion devices in 2006 to a projected 200 billion by 2020 you can expect to see that growth continue to explode.

Data is today’s “wild west” and the battlefield of today’s tech titans. Alphabet, Amazon, Apple, Facebook, and Microsoft all have an unprecedented amount of data (and power).

Rapid growth means little time to create adequate rules. Everyone’s jumping to own more data than the next and to protect their own data from prying eyes.

I see it in trading, but it’s pervasive in every industry and in our personal lives.  

Having basic data and basic analytics used to be enough, but the game is changing.  Traders used to focus on price data, but now you’re seeing an influx of firms using alternative data sets to find an edge. If you’re using the same data sources as your competitors and competing on the same set of beliefs, it’s hard to find a sustainable edge. Understanding the game they’re playing, and their rules are important, but that’s table stakes.

Figuring out where you can find extra insight, or where you can make the invisible visible, creates a moat between you and your competition, and it lets you play your own game.

I shot a video where I talk high-level about Data as fuel for your business. Check it out.

 

 

It is interesting to think about what’s driving the new world (of trading, of technology, of AI, etc.) and that often involves identifying what drove the old world. History has a way of repeating itself.

Before e-mails, fax machines were amazing. Before cars, you were really happy with a horse and buggy.

It’s in these comparisons that I think we can help explain the importance of data in today’s new world economics.

via gapingvoid

Data as the New Oil

Petroleum has played a pivotal role in human advancement since the industrial revolution; it fueled (and still fuels) our creativity, technology advancements, and a variety of derivative products. There are direct competitors to fossil fuels that are gaining steam, but I think it’s more interesting to compare petroleum to data due to their parallels in effect on innovation.

The process of pumping crude oil out of the ground and transforming it into a finished product is far from simple, but anyone can understand the process at a high-level. You have to locate a reservoir, drill, capture the resource, and then refine it to the desired product – heating oil, gasoline, asphalt, plastics, etc.  

The same is true for data.

You've got to figure out what data you might have, how it might be useful, you have to figure out how to refine it, clean it, fix it, curate it, transform it into something useful, and then how to deliver it to the people that need it in their business. And even if you've done this, you then have to make people aware that it's there, that it's changing, or how they might use it. For people who do it well, it's an incredible edge.  – Howard Getson

Data can be seen as the fuel to the information economy and oil to the industrial economy. The amount of power someone has can be correlated to their control of and access to these resources ... and, leaking of these resources can lead to extreme consequences.

Why Data Is Better Than Oil

The analogy works, but it’s just that, an analogy, and the more you analyze it, the more it falls apart. Unlike the finite resource that is oil, data is all around us and increasing at an exponential rate, so the game is a little different:

• Data is – ultimately – a renewable resource. It’s durable, it’s reusable, and it’s being produced faster than we can process it.
• Because it’s not a scarce resource, there’s no urge to hoard it – you can use it, share it, transform it, infinitely knowing that it won’t diminish. Data is more useful the more you use it.
• As the world’s oil reserves dwindle, and renewable resources grow in popularity and effectiveness, the relative value of oil drops. It’s unlikely that will happen to data.
• Also, while data transport is important, it’s not expensive the way oil is. It can be transported and replicated at light speed.

Using alternative data gives traders an advantage, but it doesn’t always have to be confidential or hard to find information. Traders now have access to vast amounts of structured and unstructured data. An important source that many overlook is the data produced through their own process or the metadata from their own trades or transactions.

In the very near future, I expect these systems to be able to go out and search for different sources of information. It's almost like the algorithm becomes an omnivore. Instead of simply looking at market data or transactional data, or even metadata, it starts to look for connections or feedback loops that are profitable in sources of data that the human would never have thought of. – Howard Getson

In a word of caution, there are two common mistakes people make when making data-driven decisions. First, people often end up slaves to the data, losing focus on the bigger picture. Second, even the most insightful data can’t predict black swans.  It’s important to exercise caution.

The future of data is bright, but it’s also littered with potential challenges. Privacy concerns and misuse of data have been hot button topics, as have fake news and the ability of systems to generate misleading data. In addition, as we gain access to more data, our ability to separate signal from noise becomes more important.

The question becomes, how do you capitalize on data, without becoming a victim to it? 

Food for thought!

Taking Stealing To The Next Level: Baseball and Machine Learning

Baseball signals are purposely confusing to keep them a secret.  Attempting to decode your opponents' signals is part of the game. As it turns out, machine learning is pretty good at figuring them out. 

Mark Rober, a former NASA engineer on the Curiosity Rover, put together a good video showing its efficiency. It's an interesting application and a pretty good introduction to machine learning. It did the rounds in my office, and we liked it. 

 

via Mark Rober

So, what do you think, should we make this legal in the MLB?

Here Are Some Links For Your Weekly Reading - July 14th, 2019

Here are some of the posts that caught my eye recently. Hope you find something interesting.

 

Lighter Links:

• How Did NASA Put Men on the Moon? One Harrowing Step at a Time. (Washington Post)
• 55 Dr. Seuss Quotes for the Places You'll Go. (DevelopGoodHabits)
• Nick Saban on the 5 Choices We Have in Life. (LeadershipNow)
• How to Turn on Fall Detection on Your Apple Watch Series 4. (Mactrast)
• When Charlie Chaplin Entered a Chaplin Look-Alike Contest & Came in 20th Place. (OpenCulture)

Trading Links:

• Electric Vehicles are Outperforming the Traditional S-Curve Dynamics. (SeekingAlpha)
• Are Drones Really the Future of Delivery? [Infographic]. (B2C)
• The World's Biggest Potential IPO May Be on Again. (Economist)
• Moody's Economist: We'll See the Markets 'Tank' If the Fed Doesn't Cut Rates. (Finance)
• Trump Picks Another Fed Member Who Believes in the Gold Standard. this One Really Means It. (CNN)

 

 

Biohacking Gone Wild

Dave Asprey is perhaps the most well-known biohacker (he's even referenced in Merriam-Webster's definition of biohacker) and the founder of Bulletproof. For those that don't know, a biohacker is someone who uses drugs and technology to make their body/mind function better. 

Dave and I shot a video where he discusses life and provides an interesting take on algorithms. 

 

 

It's not surprising that biohacking has become as popular as it has. In a society that encourages (maybe even necessitates) an impossible balance between work, responsibilities, and self-care - it makes sense to want to increase efficiency. 

Biohacking helps you do more with less. Biohacking is popular because you're trying to get peak performance via the path of less resistance.

Having trouble with sleep, but don't want to stop using your phone before bed? Wear blue-light blocking glasses. 

Not getting enough results at the gym? Work out "smarter" not harder, by using cryotechnology and intelligent lifting machines. 

While biohacking started as tricks like that - nootropics to help your mind, light and sound machines to decrease stress - it's becoming increasingly tech-centric and augmentation based. 

Several months ago, I shared Gartner's hype cycle for 2018. Do-It-Yourself Biohacking was one of 5 encompassing trends for the year. 

The future is bringing implants to extend humans past their perceived limits and increase our understanding of our bodies; biochips with the potential to detect diseases, synthetic muscles, and neural implants. - Howard Getson

It's estimated that over 100,000 people already have various types of implants. In Sweden, thousands of Swedes are inserting chips under their skin to speed up their daily routines. They use chips to open locked doors, to store contact information, and to get on to the train. Currently, chips are limited to simple tasks like unlocking doors, holding personal data, and tracking simple to record data.

Longterm, it's likely you'll see it moving toward exoskeletons, AR/XR experiences, and unsurprisingly to sex toys. It's also being used to create artificial organs and counteract memory loss.  The two companies that are leading this movement are Neuralink,  Biohax International and Digiwell. While it's currently being adopted primarily by fast-movers and technocrats, it's pragmatic to think there will be more widely-adopted versions of this as technology gets standardized and protections are put in place. 

For all the excitement, it's necessary to remain skeptical and patient. DIY biohacking raises various ethical issues, especially around data protection and cybersecurity. As a reminder, when it comes to cybersecurity, you "the user" are the biggest weakness.

There's no stopping this train, but there is time to make sure it stays on tracks!

Onwards!

by the way, I highly recommend the Bulletproof product line!

Replicas: Deep Fakes and Voice Replication

Fake news was scary enough ... but now it is going to a new level.  Technology is going to make it harder to find the “signal” in the “noise”.

Here is a preview of tech solutions (which already exist) that are likely to create a new set of problems and challenges for us in the future.

Replica is a company whose goal is to replicate celebrity voices. They see this as enabling creative applications of their voices without the commitment of the celebrity - of course the owner of the voice that's being replicated would control when/where it could be used.

Here's a video introducing Replica. 

 

 

Combine that ability to simulate voices with deepfake technology (which can alter video in many ways, including to look like the mouth in the video is is saying the words that were simulated) and the potential for confusion or deception skyrockets. 

Here is an example.

 

 

My guess is that you will hear a lot more about this soon because of upcoming elections.  It will also become increasingly relevant in everyday life, business, trading, and legal situations.

A picture used to be worth a thousand words, but this may change that equation forever.

Here Are Some Links For Your Weekly Reading - July 7th, 2019

Here are some of the posts that caught my eye recently. Hope you find something interesting.

 

Lighter Links:

• These are the Top 10 Emerging Technologies of 2019.(WEForum)
• Inside an Amazon Warehouse, Robots' Ways Rub off on Humans. (New York Times)
• Beetles and Flies are Becoming Part of the Agricultural Food Chain. (Economist)
• China and the World: inside the Dynamics of a Changing Relationship. (McKinsey)
• How Many of the "Top 100 Books of All Time" Have You Actually Read? (BuzzFeed)

 

 

Trading Links:

• So How's the Economy Really Doing?: Theme of the Week. (Bloomberg)
• Jony Ive's Shock Departure from Apple: What Does It Really Mean? (Forbes)
• The End of FinTech. (TheFinanser)
• Is a Netflix Subscription Model the Future of Financial Services? (TheFinancialBrand)
• A Looming Disconnect between the Economy and Financial Markets. (SeekingAlpha)