Capitalogix

Here Are Some Links For Your Weekly Reading - September 12th, 2020

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

Lighter Links:

• Facebook Robots Shut down after They Talk to Each Other in Language Only They Understand. (Independent)
• Finding Beauty in the Imperfection. (Entrepreneur)
• Colors Evoke Similar Feelings around the World. (NeuroScienceNews)
• Alicia Keys: NPR Music Tiny Desk Concert. (YouTube)
• How Conspiracy Theories are Shaping the 2020 Election and Shaking the Foundation of American Democracy. (Time)

 

Trading Links:

• Trillions What is a Trillion Dollars?(InformationIsBeautiful)
• NYSE Signals It Will Exit New Jersey If State Taxes Stock Trades. (Wall Street Journal)
• There are Now 17,000 Bitcoin Millionaires. (Decrypt)
• Are You an Investor or a Gambler? the Stock Market Knows. (Wall Street Journal)
• JPMorgan Creates New Team to Trade Shares of Pre-IPO Giants Including SpaceX, Robinhood, and Airbnb. (CNBC)

I Can't Believe It's Not Steak! (Yes, I Can)

Last week we talked about emerging technologies ... not mentioned were emerging technologies in the meat space. 

Most of us have seen the meat alternatives grow in popularity with vegan sausages, hamburgers & more. In fact, the meat substitute industry is valued at around $5 Billion, and is expected to grow to 8.1 billion by 2026.

I've tried an impossible burger, and while it's certainly not as good as a hamburger yet - it's better than I expected. 

The most recent innovation is 3d-printed meat. Yes, you can print steak. Now, 3D bioprinting is still very early in its lifecycle and is primarily being used for medical purposes. Theoretically, down the line, it could be used to create meat that didn't come from a true living animal. 

Today, however, an Israeli start-up is printing plant-based steaks that supposedly match the taste and texture of steak better than alternatives. 

via Reuters

Supposedly, 3D printing allows you to better capture the muscle, blood, and fat that characterizes real meat. 

These steaks are expected to be available at high-end European restaurants before the end of the year ... Would you try one?

Perhaps the most important question, if you could eat a steak that didn't come from a cow, but you couldn't taste the difference, would you be willing to switch?

At some point, I think it is likely for practical sustainability issues.

We live in interesting times!

Data Really Is Beautiful

I think most data scientists or traders would agree that some charts are just prettier than others.

Whether it's due to the artistry of the creator, the results shown, or an insight or perspective illuminated ... I am sometimes surprised by the beauty of a chart. 

After looking at thousands of charts, some really do look "pretty" and others look "ugly" to the trader.  Perhaps this stems from an intuition honed through many trials of separating luck from skill?

Taking a different approach is Stoxart, created by a visual designer at Nike named Gladys Orteza.  She has been turning stock charts into landscape artworks related to the company they reference.  All that's missing is the warning that past performance doesn't guarantee future results.

Here is an example of her art inspired by Ford's performance in the last year.  Maybe she should have titled it "Sunset".

via LLMoonJ

 Another fun one is a year of Tesla performance. 

via LLMoonJ

Here's a link to see more Stoxart. 

It's Not About The Nail...

Apparently, a lot of wisdom can be learned from nails. I've shared the story about the Nail in the Fence in the past. 

This week a funny video called "It's Not About The Nail" recycled through my inbox again. 

Have you seen it yet? It has had 20+ million views across various social media and syndication sites.  So, you've likely run across it even if you haven't watched it.

 

 

via Jason Headley

The short version is that a woman tries to communicate with her significant other about her headache, which he quickly identifies as (literally) a nail in her forehead, with a seemingly obvious solution: Let’s get rid of that nail. She insists that that is absolutely NOT the problem, and if he would just listen to her, that would be clear to him. She explains, clarifies, objects, etc. Eventually, he does see the light ... and gives her not the solution he found so (literally) painfully obvious, but the solution she asked for.

 

"Don't try to fix it. I just need you to listen." It's obvious.

 

Good for a laugh, but, also good as a reminder. Simply put, a problem that may seem apparent to you may not be so obvious to the person with a problem ... and that might be the real problem.

Whether your takeaway is that we often miss the answer right in front of our face, or that we have to be aware of what other people need, or that you can't help people that don't want to be helped ... you're right. 

 

Putting Bezos's Wealth Into Perspective

Jeff Bezos is officially worth ~$172 Billion dollars; more than he was worth before his divorce. 

Everyone on earth is closer to being a millionaire than he is. Think about that.  He has so much more than $1 million dollars that the homeless person willing to work for food is closer to being merely a millionaire than Bezos. The med school graduate with $100K+ in debt? Closer to being a millionaire than Bezos.  Obvious at one level ... but crazy to think about on another level, right?

Humans are notoriously bad at large numbers, so it's hard to wrap our minds around something of that scale. 

I've recently seen a couple of good visualizations of the difference between a million and a billion dollars. 

If you have an hour to "waste," this comprehensive video by Tom Scott shares a couple of different ways to look at it, and he literally goes on a road trip to show the difference. 

 

via Tom Scott

One good example from the video is "It would take almost 12 days for a million seconds to elapse and 31.7 years for a billion seconds." A billion seconds from today would be 1988. 

Another:

1 dollar

• 0.0043 inches or 0.00010922 meters (thickness)

1B dollars

• 1B x 0.0043 inches → 4.3M inches → 68 miles
• 1B x 0.00010922 meters → 109K meters → 109 kilometers

Now multiply that by 172.

In distance, Bezos's net worth is a hair under half the equatorial circumference of the Earth.

Here's a link to specifically understanding Bezos's net worth - https://mkorostoff.github.io/1-pixel-wealth. If you were to spend a dollar every second for an entire day, you would spend $86,400 per day. If you have a million dollars, you can do that for approximately twelve days. With a billion dollars, you can do that for over 31 years. Ignoring the difference between net worth and cash, Jeff Bezos could spend over $9M per day for over 31 years.

Lastly, here's a shorter video visualizing the $10 Trillion in economic stimulus the U.S. government has been undertaking. 

 

via Demonocracy

Even with these depictions, it's hard to understand. We're wired to think locally and linearly, not exponentially (it's one of the reasons I love AI so much). 

Hope this was helpful!

Here Are Some Links For Your Weekly Reading - June 28th, 2020

 

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

Lighter Links:

• Air Travel Data Suggests China Had Nearly 40 Times the COVID-19 Cases They Reported. (VFTW)
• Airlines Tried Social Distancing on Board. For Many, that Experiment is Ending. (Chron)
• MLB Targets 60-Game Season Starting around July 24, Assuming Conditions Met. (ESPN)
• Doomscrolling is Slowly Eroding Your Mental Health. (Wired)
• Photos Show Devastation Unleashed on Terror Leaders by Sword-carrying Ninja Bomb'. (MilitaryTimes)

 

Trading Links:

• Delta Could Furlough More Than 2,500 Pilots, Will Close 3 Flight Attendant Bases. (ThePointsGuy)
• You Won't Believe How Many Airlines Haven't Survived Coronavirus. How Does It Affect You? (Forbes)
• These Mall Staples Announced Thousands of Store Closures in June. (CNN)
• Here's Why New Traders are Losing Money. (TheStreet)
• Warren Buffett Has Warned about the Dangers of Speculating for Years. Day Traders Aren't Listening. (BusinessInsider)

Carol's Keeping Me In Shape

As I get older, I become more conscious of my mental and physical health. It's easy as an entrepreneur or business person to lose track of your health - but investing in your personal health can be the best thing you do for your business.

Many of my friends now believe that with technology and a sustained focus on health & longevity, they can live past 100. They're paying attention to genetic, physiologic & biochemical makeup, cognitive function, body composition, cardiovascular performance, hormonal status, and much more. Whether they're going to live past 100 or not, I can see the daily results in the quality of their life and the way they look. 

It's the reason I started working with APEX, Dr. Jeffrey Gladden's concierge medical wellness practice.

They've got me eating salads, taking supplements, and thinking about what it takes to be healthy, fit, and vital. 

The goal is to enjoy life though ... Not to deprive yourself as this image portrays ...

 

Exercise is also an important part of the "healthy, fit, and vital" equation.

With gyms being closed during the recent Quarantine, I found another tool that I fell in love with.

Her name is Carol; an AI fitness bike that personalizes a HIIT workout for you,  based on your fitness and your preferred workout length. It makes it way easier for me to fit workouts into my schedule (and way harder to justify skipping a session). 

 

The promise is an "hour's worth" of exercise compressed into an 8-minute workout that really only has two 20-second periods of intense effort.

The science is sound. My experience is that it works for me.  I've done it for about two months now.  The results are undeniable (in terms of muscle tone, endurance, 20% improvement on many of the metrics tracked by the bike, etc.).

The more you use it the smarter it gets. It automatically adjusts to give you exactly the resistance you need to keep you motivated and to continue making progress.

I've been impressed. Working-out at home has always been a struggle for me. I've bought other tools for lifting or cardio, but they tend to end up as coat racks or space fillers. 

Exercise has a "social" component for some people ( comes to mind). Some people need the "social" component of exercise to get through hard workouts (think Peloton or OrangeTheory.) The Carol bike doesn't fully satisfy that part of exercise ... but they do a great job of keeping the session short, fun, and gamified (so that you know where you are, how you are progressing, and where you stand in the rankings).  The combination of the efficiency of the workouts - and being able to see that you are getting fitter, objectively, has been just what I needed. 

Besides Carol's website, here is a link to check out their YouTube channel. 

Onwards. 

Here Are Some Links For Your Weekly Reading - June 7th, 2020

 

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

Lighter Links:

• How Science Fails. (Aeon)
• When Everyone Can Work from Home, Who Goes Back to the Office? (Quartz)
• Nvidia's AI Recreates Pac-Man from Scratch Just by Watching It Being Played. (TheVerge)
• Demystifying Deep Learning and Artificial Intelligence. (TheNewStack)
• Your Organization Needs a Proprietary Data Strategy. (HBR)

 

Trading Links:

• United Airlines Restores Flights at 150 U.S., Canadian Destinations in July, Add Nonstops. (USAToday)
• Apple Share Price Hits All-time High after Recovering from COVID-19 Losses. (Cult of Mac)
• Zoom Reported a Perfect Quarter. Why Its Stock Reaction Could Suggest Trouble for Much of Tech. (Barrons)
• What Does the Shocking Unemployment Report Really Mean? (The Atlantic)
• Markets are Upside down Right Now as Young Hedge Fund Chiefs Face Their First Crisis. We Dug up What the Biggest Managers from Cliff Asness to David Tepper Said They Learned from Last Major Economic Downturn. (BusinessInsider)

 

Here Are Some Links For Your Weekly Reading - May 31st, 2020

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

Lighter Links:

• SpaceX Launches New Era of Spaceflight with Company's First Crewed Mission. (NationalGeographic)
• Space Exploration's next Frontier: Remote-Controlled Robonauts. (Bloomberg)
• As States Start to Reopen, Here's Where People are Going. (Washington Post)
• Primer: Demystifying Data Science. (TheNewStack)
• Meeter is a New Mac App for Quickly Joining Zoom Meetings, Google Hangouts, and More. (9to5Mac)

 

Trading Links:

• Is China Overtaking the US as a Financial and Economic Power? (TheGuardian)
• Singapore's Financial Centre Will Emerge as Big Winner of a Draconian Chinese Law. (Insider)
• The UN Says a New Computer Simulation Tool Could Boost Global Development. (TechReview)
• U.S. Stock Market is Overpriced by 16%, Warns Oxford Think-Tank. (CCN)
• A Wall Street Firm Studied Every Crash over the past 100 Years and Concluded that the Unusual Performance of 7 Tech Stocks is Masking the Risk of a Prolonged Meltdown. (BusinessInsider)

Here Are Some Links For Your Weekly Reading - May 24th, 2020

 

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

 

Lighter Links:

• We are Doing in a Few Months What Would Normally Take a Drug Development Process Years to Do' with AI. (ZDNet)
• Findings From The AI Index Annual Report. (Stanford-AI)
• Terrifying Black Light Videos Show How Easy It Is to Catch Coronavirus. (BGR)
• Why Zoom Meetings are So Dissatisfying. (Economist)
• Travelers Now Scoring $700 Business Class Flights to Europe with Sneaky Loophole. (DMarge)

 

Trading Links:

• Hertz Files for Bankruptcy after 16,000 Employees Were Let Go. (Forbes)
• One Chart to Catch You up on 2020 ... And the Economy. (HowardLindzon)
• Second Stimulus Check Proposes $1,200 Extra with Round 2. Here's the Situation. (CNet)
• The World's 25 Richest Billionaires Have Gained Nearly $255 Billion in Just Two Months. (Forbes)
• What History Tells Us about the Accelerating AI Revolution. (Wall Street Journal)