My experience is that you tend to see the same people on the way up ... as you do on the way down.
Here are some of the posts that caught my eye recently. Hope you find something interesting.
- Anonymous Bidder Pays $3.3 Million for Lunch with Warren Buffett. (New York Times)
- What If Your Business Was So Intelligent that Nothing Came as a Surprise. (Medium)
- Here's Why You Shouldn't Multitask, According to an MIT Neuroscientist. (Southernliving)
- Why No One Answers Their Phone Anymore. (The Atlantic)
- What is the 80/20 Rule? How the Pareto Principle Will Supercharge Your Productivity. (HubSpot)
- The Stock Market is on Pace to Hit Another, More Impactful Trillion-dollar Milestone. (Finance)
- Too Little Too Late': Bankruptcy Booms among Older Americans. (New York Times)
- THE MOST AMAZING STORY about BITCOIN YOU'VE EVER HEARD. (James Altucher)
- Why AI Isn't the Death of Jobs. (McKinsey)
- Los Angeles' Median Home Price Nears $1 Million as Fierce Bidding Wars Continue. (Forbes)
AI, Investing v. Trading, Algorithms, and more at Camp Kotok.
Last month, I attended Camp Kotok, a private gathering of economists, fund managers, and other financial industry professionals.
The mood was cautiously optimistic to bullish about the markets - while the participants were feeling a bit uneasy due to changes in the financial industry due to advanced technologies.
Cumberland Advisors just released a video of me talking with Bob Eisenbeis - their 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 and its power is in removing the human fully from that process.
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?
Posted at 08:23 AM in Business, Current Affairs, Market Commentary, Trading, Trading Tools | Permalink | Comments (0)
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