Capitalogix

Here Are Some Links For Your Weekly Reading - January 20th, 2019

Most citizens don't have big savings account to buffer them against an unexpected expense or loss of income.

The Government Shutdown is one of the curveballs most workers haven't planned for adequately.

 

Actions have consequences.

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

 

Lighter Links

• Full Translation: China's 'New Generation Artificial Intelligence Development Plan' (2017). (Newamerica)
• Apple Buys 50 Business Class Seats from San Francisco to Shanghai Every Day. (MacRumors)
• Ford Built a Sweaty Robot Butt to Simulate Your Sweaty Human Butt. (BGR)
• Intimate Portraits of People over 100 Years Old Reveal the Beauty of Aging Bodies. (MyModernMet)
• Costco is Selling a 27-Pound Tub of Mac and Cheese that Lasts 20 Years. (BusinessInsider)

 

Trading Links

• Fear of Algorithm Trading is Really Just the Fear of the Unknown. (Quartz)
• Hedge Funds Suffer Worst Year since 2011. (FT)
• Nearly Half of Workers Earn Less Than $30,000. (Ritholtz)
• Michael Dell Gets $12 Billion Richer with Break from Public Eye. (Fortune)
• The New Impossible Burger 2.0 Won Everyone's Mouth at CES 2019, but That's Just the Beginning. (Forbes)

A Quick Visit to Cuba

I went to Havana with a diverse group of business people, financial professionals and representatives from the US Fed. 

Here is a photo taken with some of the classic cars that proudly dominate the roads despite cheaper Russian and  Chinese alternatives.

 

 

The city was beautiful … dirty and broken, for sure … but still beautiful.  Here is a view from my hotel room.

  

 

I commented that it was almost like seeing a severely wounded elephant. You can tell that it's hurt (and barely a shadow of its old self). Nevertheless, you can see the amazing bone structure. It is easy to imagine what it once was.

In Cuba, the geography and the architecture are amazing. However, money hasn't been spent on the upkeep. Even though people live there, it seems surreal (almost like a post-apocalyptic wasteland).

 

 

In the story of Exodus, the Jews spent 40 years wandering the desert after escaping from Egypt. That means two generations of people, who didn't remember life as slaves, were ultimately the ones who entered the “Promised Land”.

On some level, that's how Cuba is now. Most inhabitants weren’t born (or can’t remember) the 1960s. They have known nothing but this.

Cuba is an interesting place … and I’d bet that it has an interesting future.

The “lack” had a side effect. It produced a mutation. A portion of society grew more resourceful and resilient.

 

 

Like natural selection … nature finds a way.

The rules change, the players change, even the game itself changes ... That is how new ideas and new leaders emerge.

Sometimes, almost no one notices. Sometimes they do. 

Ultimately, change remains the only constant.

Onwards!

A Quick Visit to Park City as a Noobie Skier

Humpty Dumpty tried skiing ... and is leaving with 10 fingers and 10 toes still attached in all the right places!

 

 

Skillful skiers relax and let physics do a lot of the work.  I used muscles way too much and way too often.

When I was done, I was WIPED!!!!  

Nevertheless, it was a lot of fun ... and I plan on doing it again.

Thanks Randy Garn for shaming into trying this. Park City, Utah was beautiful.

 

 

Hope you’re having a relaxing Labor Day weekend

Jennifer and I are in Maine, where it’s getting a little chilly ... and the leaves are starting to turn autumn colors. Probably my favorite weather.

Hope you are having a nice Labor Day Weekend.  

Winter may not be coming ... but fall is near.

Here Are Some Links For Your Weekly Reading - August 5th, 2018

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

 

Lighter Links

• The 5 Levels of Leadership. (Quartz)
• Your Obsession with Cognitive Biases is Probably Making You Dumber. (Inc)
• Apple Watch Keeps Spotting Cardiac Issues and Saving Lives, this Time in Australia. (AppleInsider)
• What is Intermittent Fasting and is It Actually Good for You? (Time)
• New Radio Telescope Picks up Mysterious Signal from Space. (CNet)

 

 

Trading Links

• Jeff Bezos' Parents Invested $245,573 in Amazon in 1995 Now They Could Be Worth $30 Billion. (Insider)
• The Biggest Thing to Happen in Blockchain since Bitcoin. (Forbes)
• Russia Dumped 84% of Its American Debt. What that Means. (Money)
• Big Pharma Would like Your DNA. (The Atlantic)
• AAPL Gets Even Closer to $1Tn Market Cap, Hits New All-time High in After-hours Trading. (9to5Mac)

 

Mr. Kim Jong Un, Give Up Those Nukes!

Donald Trump and Kim Jong Un met last week in Singapore. At the meeting, Donald shared a four-minute movie trailer called "A Story of Opportunity for North Korea"

I was a little surprised by the video clip that Trump brought with him.  I don't normally think about diplomacy and videos.  But, it is a new world.

It depicts a brighter future for North Korea in the event of a nuclear deal.  It also presents a stark choice to Kim ... trade in your nuclear weapons for a peace deal with the U.S., or don't and you'll be decimated. 

Was it me, or does the video seem strangely reminiscent of a pitch you might receive for a real estate deal or a timeshare? 

It's worth a watch. 

 

Was the intended audience Kim Jong Un, American voters, or the World?

Did it remind you of  Ronald Reagan and Mikhail Gorbachev?

It will be interesting to see the results of the movie ... and this meeting. 

What did you think?

The Future According to Elon Musk

Abraham Lincoln said, "The Best Way To Predict The Future Is To Create It."

It is tough when your vision's bounded by awesome potential ... and potential horrors.

That is the challenge when you are going after MoonShots (or a Mission to Mars).

Perhaps that is why Elon Musk (who is an amazing entrepreneur) sometimes sounds more like a dystopian futurologist (like Ray Bradbury or George Orwell).

Here is a look at some of Musk's predictions. Click the image to see the full infographic. 

 

via RS Components

What do you think? Will his predictions for the future become a reality in our lifetime (or our kids' lifetime?)

As technology growth and innovation quicken, humanity faces serious challenges to our health and quality of life.

For a look at some of those issues, take a look at the Hastings Center. 

Inspiration Comes in Many Forms

Once a year, I go to the World BBQ Championship at Memphis in May. 

It's three days of friends, food, fun, and bad puns (like #AporkalypseNow and  #MeatDrinkAndBeMerry).

You've heard the phrase  "Put your money where your mouth is ..."  This year we sponsored a tent and brought some of the Capitalogix team to enjoy the festivities. 

 

 

Here's a look at what was cooking in our tent.  It had a Brazilian "churrasco" flair. 

 

Our Grill Master was Blake Carson, who took a traditional Brazilian Steakhouse cooking style – and innovated upon it – creating the Carson Rodizio kit (which started as a Kickstarter project).  

It is a multi-rotisserie rack that converts your favorite backyard grill into an open and spinning Brazilian style Steakhouse.  It's clever, functional, and cool ... and it's been used to win multiple barbecue championships.

I love to experience an entrepreneur's mind at work.  

It's not always about what you add.  Sometimes, it is about what you take away.  Less is often more. 

Here is a one-minute interview I shot with Blake last year.

 

 

For more on Carson Rodizio, here is their Facebook page.

Innovation, like opportunity, is all around you.

But it's not there for you if you don't see the opportunity, and seize it.

Here Are Some Links For Your Weekly Reading - April 1st, 2018

 Happy April Fool's Day. What were your favorite pranks?  Here is a list of some that made news this year.

 

via LegallyDrawn

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

Lighter Links:

• Daniel Pink How to Make Better Decisions and Be More Creative. (Tim)
• 2018 Framework to Understand Digital Innovation. (HackerNoon)
• Why Dogs Really Do Love You, According to Science. (Inverse)
• China's 'Social Credit' System Bans Millions from Travelling. (Telegraph)
• We Asked Astronauts If They Think Aliens Exist. Here's What They Said. (Mashable)

 

Trading Links:

• What Exactly is Vladimir Putin's Net Worth? is He the Richest Person on the Planet? (CNW)
• China's One-Man Show. (JacobinMag)
• The next Housing Crisis: a Historic Shortage of New Homes. (Wall Street Journal)
• A Nobel-winning Economist is Part of a Team Launching a Low-volatility Cryptocurrency. (Quartz)
• President Trump Reportedly Obsessed' with Regulating Amazon, Wants to Clip Jeff Bezos' Wings. (GeekWire)

12 Ways to Get Smarter - In One Infographic

I just got back from Asia and have been jet-lagged.  Consequently, my mental clock-speed is not yet back to normal.

 

It got me thinking about productive output ... and how to increase it.

 

According to VisualCapitalist, the level of a person’s raw intelligence, as measured by aptitude tests such as IQ scores, is generally pretty stable for most adults.

 

While it’s true that there are things you can do to fine tune your natural capabilities (such as doing brain exercises, puzzle solving, and getting optimal sleep) – the amount of raw brainpower you have is difficult to increase in any meaningful or permanent way.

 

For those of us who constantly strive to be high-performers in our fields, this seems like bad news. If we can’t increase our processing power, then how can we solve life’s bigger problems as we move up the ladder?

 

The Key is Mental Models

 

The good news is that while raw cognitive abilities matter, it’s how you use and harness those abilities that really makes the difference.

 

 

via VisualCapitalist - Click the image to see a larger version.

 

The world’s most successful people, from Ray Dalio to Warren Buffett, are not necessarily leagues above the rest of us in raw intelligence – they have simply developed and applied better mental models of how the world works, and they use these principles to filter their thoughts, decisions, strategies, and execution.

 

Today’s infographic comes from best-selling author and entrepreneur Michael Simmons, who has collected over 650 mental models through his work. The infographic (in a similar style to one VisualCapitalist previously published on cognitive biases) synthesizes these models down to the most useful and universal mental models that people should learn to master first.

 

Concepts such as the 80/20 rule (Pareto’s Principle), compound interest, and network effects are summarized in the visualization, and their major components are broken down further within the circle.

 

If you want to be a top performer, it’s worth looking into mental models. They can help you better frame reality, so that you can harness your intelligence and effort in the most effective way possible – and it’ll allow you to deliver results along the way.

 

Otherwise, caffeine and modafinil help.