Capitalogix

Rich People Spend Their Time Differently: An Income Distribution in Americans' Pastimes

When it comes to American pastimes, many people focus on the big 3 sports: Football, Basketball, and Baseball. Nevertheless, there are a lot of different ways people spend their time.  It is interesting to see what they watch - and what they actually play. 

Nevertheless, there are a lot of different ways people spend their time.  It is interesting to see what they watch - and what they actually play. 

There is also a big difference based on income distribution.   Here is an infographic.

 

via VisualCapitalist

Apparently, rich people like golfing,  yoga and racquet sports ... while poorer people disproportionately liked relaxing, writing for personal interest, and having hobbies.

It is also kind of interesting to see when people tend to do certain activities.   Here is a chart showing the peak time for various sports and activities.

via Henrik Lindberg

You could build a business around data like that.

Interesting?

Here Are Some Links For Your Weekly Reading - May 27th, 2017

There is a place to go with deep wishes  ...

 

 

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

Lighter Links:

• What the Dying Teach the Living. (LongNow)
• Why Close Encounters with Animals Soothe Us. (New York Times)
• Will We Ever Elect an AI as President? (Wired)
• 'SNL' Releases McCarthy's 'Spicey' Outtakes. (CNN)
• The Dark Art of How (And When) to Buy an Airline Ticket. (NYMag)

Trading Links:

• The Quants Run Wall Street Now. (Wall Street Journal)
• The MMC Ventures AI Investment Framework: 17 Success Factors For The Age Of AI. (Medium)
• The Real Reason Saudis Rolled out the Reddest of Red Carpets. (Bergen)
• SoftBank and Saudis Launch Largest Tech Investment Fund Ever, $93 Billion in Committed Capital. (CNBC)

Here Are Some Links for Your Weekend Reading

Someone sent me a motion-activated toilet bowl night-light for my birthday.  I guess that is an early indicator that Depends won't be far behind.

  

 

 

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

 

Lighter Links:

• Palestinian Activists at the DNC Believe Time is on Their Side. (Huffington Post)
• The Hidden Meanings behind the Set Designs of the RNC and DNC. (Wired)
• Why the Suspected Russian Hack of the DNC is Such a Game Changer. (FastCompany)
• Scientists Use Lasers to Regrow Teeth from Stem Cells. (IFLScience)
• Mark Cuban Says He’d Consider Being Vice President — for Trump or Clinton. (Re/code)

 

 

Trading Links:

• Nasdaq 100 Catching up to All-Time Highs - What Could this Mean for Market? (Stockcharts)
• AI Needs Oversight – Time to Set Standards for Autonomous Tech. (NewScientist)
• 'Pokémon GO' is the Biggest Mobile Game in History & It's about to Top Snapchat. (Forbes)
• Cadillac Bets on Virtual Dealerships. (Wall Street Journal)
• How Will Bots Make Money? Here are 7 Business Models. (VentureBeat)

Here Are Some Links for Your Weekend Reading

The new GOP Symbol says it all.

 

 

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

 

Lighter Links:

• The Incredible Power of Ignoring Everything. (Washington Post)
• 3 Scientifically Proven Ways to Optimize Your Brain. (Inc)
• Will the Singularity Mean the Death of Religion? (Kernel)
• How One Doctor is Waging War on Bulls**t Science. (Huffington Post)
• If You're Alive in 30 Years, Chances are Good You May Also Be Alive in 1000 Years. (HSK)
•  

Trading Links:

• Why We Think We’re Better Investors Than We Are. (New York Times)
• These 7 Iconic NYC Properties are Now Owned by the Chinese. (Video)
• China Central Bank to Fed: a Little Help, Please? (Reuters)
• Global IPOs at 7-Year Low. (Insider)
• Dark Days are Here Again on Wall Street-Investment Banking Earnings down 36% YTD, Lowest since Q1 2009. (David StockMan's Contra Corner)

There's No Crying In Trading

As a fund manager, I am always looking for ways to eliminate emotions (like fear and greed).  

But as a father whose son just got married, the equation was different.

One of my son's instructions to the "officiant" was to make me cry.  I made it through the Ceremony; then, I got a chance to say a few words at the Wedding Reception.  Here they are ...

 

 

via YouTube.

The words "I love you" are powerful.  Most people consider it an expression of emotion.  It can also be a promise ...

Here Are Some Links For Your Weekend Reading

You be the judge ... Here is a Trump - Who Wore It Better Challenge.

 

 

Winning!

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

 

Lighter Links:

• The State of Artificial Intelligence in Six Visuals. (Medium)
• How Will Artificial Intelligence Affect Religion In Our Lifetime? (DailyDot)
• Turns Out Sarcastic People Really Are Better at Everything. (Esquire)
• Hamas Arrested a Dolphin Accused of Being an Israeli Spy. (The Week)
• The Married Kama Sutra ... Funny. (The New Yorker)

 

Trading Links:

• America's Richest Hedge Fund Managers - Forbes. (Forbes)
• Smart Minds in FinTech Discuss How Wall Street Is Going to Change. (BI)
• Yale to Be Paid Interest on Dutch Water Authority Bond From 1648. (Bloomberg)
• Goldman Calls On Fed to Launch Another Q.E. Plan. (MarketWatch)
• The "Great Accumulation" Is Over: The Biggest Risk Facing The World's Central Banks Has Arrived. (ZeroHedge)

Here Are Some Links For Your Weekend Reading

Most people say they want the unpleasant truth, rather than the comforting lie ...

 

 

What do you think?

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

 

Lighter Links:

• Elon Musk, Stephen Hawking Warn of Artificial Intelligence Dangers. (Mashable)
• An Open Letter to Everyone Tricked Into Fearing Artificial Intelligence. (Popular Science)
• 70's Rock Legends In Their Parents' Homes! [Photos]. (Peewee)
• The Hair of Men: What Hairstyle is Best for You. [infographic]
• How Exercise Changes Our DNA. (NYTimes)

 

Trading Links:

• US Debt Soared By $100 Billion on Last Day of 2014, Hit Record $18.14 Trillion. (ZH)
• Chinese Attacks Cost U.S. Defense Department Over $100M. (GigaOM)
• The Real Story Behind Saudi Arabia's Oil Games. (Money)
• After Warning About 2008, Yale's Robert Shiller Has Another Concern. (Valuewalk)
• Countries Begin The Race To Repatriate Their Gold. Are They Concerned About a Potential Financial Crisis? (Valuewalk)

The World as 100 People [New Infographic]

The world has over 7 billion people.

How can we get a sense of what it means ... and who we are?

One way is by statistically representing the world population as 100 people.  That way, complex issues become more comprehensible and help us get a clearer look at the big picture.

So, what would the world look like if it were represented by just 100 people?

The infographic below covers a broad range of statistics, including: gender, age, race and religion. 

 

 via Washington Post.

To see a video about this, click here.

A different look at the data is here.

You can find the original source of the data here.

Here Are Some Links to Start Your Week

We just passed the five-year anniversary of economic stimulus.

 

 

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

 

Lighter Links:

• Are We Alone in the Universe? (NYTimes)
• Some of the Most Plausible Scenarios for Alien Civilizations. (Io9)
• Lockheed Martin Working on a Spy Plane that Can Fly Anywhere on Earth—in an Hour. (Newser)
• The Future of Health Tech Is Going to Try to Improve Your Life In 2014. (TechCrunch)
• Six Famous Thought Experiments, Animated in 60 Seconds Each. (Brain Pickings)

 

Trading Links:

• Are Banks Obsolete? (Forbes)
• How close are we to the self-driving car age? (The New Yorker)
• Drone Deliveries May Be a Sideshow to Amazon’s Real Ambition for the Skies. (Quartz)
• Why colonize planets when you can colonize outer space? (Dvorak)
• A “Future-Hunter” Examines the Dangers of Stock Trading at the Speed of Light. (ScientificAmerican)

Here Are Some Links for Your Weekend Reading

What bothers you most about someone else is often a clue about what you don't like about your own circumstances ... or, a political cartoonist could point it out instead.

 

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

 

Lighter Links:

• 10 Billionaire Biographies You Must Read. (Under30CEO)
• Lessons for Data Driven Businesses. (TechCrunch)
• The Extraordinary Science of Addictive Junk Food. (NYTimes)
• Desmond Tutu and The Dalai Lama's Extraordinary Talk On God and Religion. (HuffingtonPost)
• An Ingenious Way Of Using Google Maps To Tell Where Rich And Poor People Live. (BizInsider)

 

Trading Links:

• Forbes Lists the World's Richest People. The Billionaire List. (Forbes)
• Singapore: The World's Richest City. (WSJ Video)
• Google Passes Apple as Top U.S. Mutual and Hedge Fund Holding. (AppleInsider)
• Yardeni: S&P 500 Could Hit 1665 Mid-Year. (BusinessInsider)
• Sign of the Times: Celebrity Mila Kunis Talked Stocks on CNBC. Is that as an ominous sign for the rally, or just an indication that “dumb-money” is back in the game? (TDB)

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