Capitalogix

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!

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)

 

 

 

Here Are Some Links For Your Weekly Reading - June 30th, 2019

Most people don't spend money on freemium games. These games rely on a small subset of "whales" to survive - players that spend absurd amounts of money on their games. Gacha games let players pay to "roll the dice" to unlock rare characters and collectibles similar to a "Loot Box" mechanic. 

Now, the US is trying to make this mechanic illegal for taking advantage of children with their "pay-to-win" mechanics. 

 

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

 

Lighter Links:

• Roger Goodell Net Worth and Salary History. (CNW)
• The Dark Forest Theory of the Internet. (OneZero)
• See the World's Oldest Trees by Starlight. (NationalGeographic)
• The Beauty and Madness of Sending a Man to the Moon. (Wired)
• Teams Autonomously Mapping the Depths Take Home Millions From The Ocean Discovery XPRIZE. (TechCrunch)

 

Trading Links:

• Business Conditions are at Their Worst Level Since the 2008 Financial Crisis. (MorganStanley)
• California Today: Would You Pay $195 to Take a Helicopter to Work? (NYT)
• What Yogi Berra Would Have Said about this Bull Market. (WSJ)
• Economies and Stockmarkets Do Not Always Match up Well.(Economist)
• How Politics Became the Main Driver of Financial Markets – And Why Investors Better Get Used To It. (MarketWatch)

Here Are Some Links For Your Weekly Reading - June 23rd, 2019

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

 

Lighter Links:

• DeepMind's AI Has Used Teamwork to Beat Humans at a First-person Shooter. (TechReview)
• Physicists Discover Surprisingly Complex States Emerging out of Simple Synchronized Networks. (Phys)
• Amazon Prime Air Delivery Drone to Start Dropping Packages 'Within Months,' Officials Say. (USAToday)
• 136 Maps Reveal Where Tourists & Locals Take Photos in Major Cities across the Globe. (OpenCulture)
• A Subway Map of Human Anatomy: All the Systems of Our Body Visualized in the Style of the London Underground. (OpenCulture)

 

Trading Links:

• Microsoft is Now Worth over $1 Trillion, a Stunning Run since Satya Nadella's Ascent. (Quartz)
• These are the 10 Best-performing Stocks of this Century. (BusinessInsider)
• What is Currency? (Visual)
• Michael Jordan's Net Worth is Now Officially $1.9 Billion. (CNW)
• NASA Opens Space Station to Tourists and Businesses to Promote Commercial Activities. (Wall Street Journal)

Camp Kotok: Economists In Nature

I was just in Maine at Camp Kotok, a private gathering of economists, fund managers, and other financial industry professionals. 

 

 

There was no cell phone service ... so people had to talk with each other.  Everyone went outside.  And, people continued to fish, even when it rained.  Craziness.

At last year's Camp Kotok, I did this interview with Bob Eisenbeis,  Cumberland Advisors' Vice Chairman & Chief Monetary Economist.  Check it out. 

 

Cumberland Advisors via YouTube

AI is removing the fear, greed, and discretionary mistakes from financial decision making. We’re at the beginning of a cycle of progress that is hard to imagine ... and easy to underestimate.

Ultimately, I think AI will transform the planet much like electricity did.  What about you?

Lots of cool discussions up there. Call me if you want to talk about it. 

Committing To A Bigger Future

I'm a big fan of picking a Big Hairy Audacious Goal (sometimes called a "BHAG") and taking actions that move you in that direction. 

I'm also a big fan of Strategic Coach's Bigger Future exercise.  It is a 20-year planning exercise where you plan out your commitments and goals to yourself, your family, your career, and your legacy. 

While doing this, I realized that my ideal next 20 years involves taking Capitalogix to the next level (and beyond). 

As a result, I recently held a two-hour town hall session with everybody in Capitalogix.  You'll find a 5-minute compilation of highlights at the end of this article. 

Before I share with you, I want to take time to bring you up to speed on Capitalogix's history. Some may know the story, but many of you are new.  It's important context for the video and for Capitalogix's future. 

A Brief History of Capitalogix

Times and conditions change so rapidly that we must keep our aim constantly focused on the future. - Walt Disney

In the 90's, I left a corporate securities law practice to start a company that was an early pioneer in automation, intelligent agents, and rule-based processing.(it is almost embarrassing to compare that to AI today).  Nonetheless, we ended up on the Inc. 500 list, won lots of awards and had a great time.  Little did I know how important that would be to what we are doing now.

Life intervened ... and 1999 was a rough year for me.  My dad died of cancer, I got divorced, and I sold my company. That year inspired my TED Talk on the Time Value of A Life Worth Living, and has inspired the past 20 years of my life. 

I threw myself into trading. At first, I was a fundamental trader.  But I quickly threw myself into Elliott Wave theory, technical analysis, quantitative analysis, and everything else I could get my hands on. I spent hours on end marking up charts and creating early algorithmic trading systems - predecessors to how we trade today. 

I also hired my first two employees - Gabriel and Sean. My dining room became their office. I started to view trading as a business, rather than a hobby. The thought forms that would become our framework for understanding markets were starting to gel. 

 

 

By 2015, we had 20+ employees working out of my house, and I realized we'd outgrown my home. Here is a picture from the dining room before the move.

 

 

After a brief time with employees in three different offices (including one of our partner's offices) we found our current office. 

Moving in to our new office represented a positive shift in culture and focus - and another step toward our goals. 

 

Where We Are Today

The power for creating a better future is contained in the present moment: You create a good future by creating a good present. - Eckhart Tolle

We are committed to revolutionizing decision science (making better decisions faster). We're creating the future we've envisioned.

Yet, for all we've accomplished, we're driven every day to be better than we were yesterday. That drive comes from that big hairy audacious goal and that 20-year vision.

It comes from knowing who we want to be tomorrow. 

 

 

Committing To The Future

 

It means that we're going to have to have new people and new ways of doing things because the recipe for getting here isn't the recipe for getting there. As much as I respect and love you for "here." I respect and love you enough to hold you accountable for "there." - Howard Getson

 

It hasn't always been easy - but building Capitalogix has been an intensely rewarding passion.

Over the next 20 years, there are a ton of people I want to impact and a lot of goals I want to accomplish. Capitalogix is the way I intend to do that.

I look forward to you all being a part of it as well. 

Onwards!

Visualizing The AI Revolution

I'm surprised how often I see people who are bearish on Artificial Intelligence. Many are stuck in science fiction's depictions - sentience, personification, etc.. Modern AI is very different from science fiction predictions, but is still exciting. (Here's an infographic debunking 8 common AI myths)

Modern AI does many things and has many applications, but ultimately it's relatively faceless. It works in the background, impacts everything it touches, and silently collects vast lakes of data. AI may not be Star Trek's "Data," but it is transforming our economy at warp speed. 

TechJury has put together an infographic on the history of AI until today. It highlights a number of key inflection points, AI's impact on today's economy, and which countries and companies are leading the pack. 

via TechJury (Click To See Full Infographic)

AI By The Numbers (Taken From TechJury)

• By 2025, the global AI market is expected to be almost $60 billion; in 2016 it was $1.4 billion
• The number of AI startups has grown 14x since 2000
• Investment in AI startups has grown 6x since 2000
• 77% of the devices we use feature one form of AI or another
• 84% of global businesses see AI as a competitive advantage
• Google analysts believe that next year robots will be smart enough to mimic complex human behavior like jokes and flirting

 

To me, it's clear that AI is the major driving force of tomorrow. AI continues to perform increasingly impressive tasks. Last week, I saw an AI that can make realistic video renderings from one picture, and Google's DeepMind beat humans in a multiplayer shooting game, operating on a single metric. 

If you're as excited about the potential for AI as I am, here are some articles I wrote that you may have missed:

• AI in Film: A Retrospective
• Which Industries Are Prime For Disruption?
• Will I Survive The AI Revolution?
• Creating An Artificial Intelligence Methodology
• How To Thrive After The AI Revolution

Here Are Some Links For Your Weekly Reading - June 9th, 2019

Tuesday was the 30th anniversary of the Tiananmen Square Protests. Here's a video of Chinese college students being asked about the event. It is a pretty interesting look at censorship and fear of government consequences for lack of free speech. 

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

 

Lighter Links:

• China's Big AI Advantage: Humans. (News)
• The Natural Genius of Ants is Helping Us Build Better Algorithms. (Wired)
• 5 Myths about Strategy. (HBR)
• Percentage of Americans Who Never Traveled beyond the State Where They Were Born? A Surprise? (Forbes)
• At Disneyland's New Star Wars' Attraction – Brace Yourself for $200 Lightsabers, $42 Cocktails and 4 A.M. Lines. (MarketWatch)

 

Trading Links:

• Billionaire Mike Bloomberg Tells Harvard Graduates that Money Isn't Important. (TheLadders)
• The Radical Plan to Change How Harvard Teaches Economics. (Vox)
• Apple Patents the Foldable iPhone Display; Here's What It Looks Like. (ValueWalk)
• Quantum Computing Will Change the Digital World beyond Recognition. (Metro)
• Atlanta Fed President Bostic Does Not See a Rate Cut this Year like the Market is Telegraphing. (CNBC)

 

Here Are Some Links For Your Weekly Reading - June 2nd, 2019

Toronto plays Golden State in game two of the NBA Finals tonight. Tickets were a little pricey!

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

 

Lighter Links:

• This is Why Einstein Knew that Gravity Must Bend Light. (Forbes)
• The Lucrative Black Market in Human Fat. (The Atlantic)
• Goldman Sachs's Chief Critic Picks New York's Top New Restaurants. (Bloomberg)
• Amazon Working on Wearable Device that Will Track Your Emotions. (News18)
• Harvard Spent 80 Years Studying Happiness, and We Now Know the 1 Key Habit that Makes People Happier. (The Problem: Most People Never Even Try). (Inc)

 

Trading Links:

• Al Gore Keeps Beating the Stock Market. Here's What He's Buying and Selling. (Barrons)
• Big Revenues, Huge Valuations and Major Losses: Charting the Era of the Unicorn IPO. (TechCrunch)
• Musk's SpaceX Raised over $1 Billion in Six Months: Filings. (Reuters)
• Texas Set to Become 11Th State to Ban Red Light Cameras. (Gizmodo)
• Alibaba Billionaire Jack Ma: I Know Nothing about Tech or Marketing – This Is the Secret to My Success. (CNBC)