Letter From a Birmingham Museum
MLK Day reminds us of the foundations of a UNITED States of America, a reminder that has never been more important to take into our hearts.
It's not …
Category: Narrative
The Acrobat and the Fly
Many of the memes that drive our political behaviors inherently push us toward Competitive Games and tribalism. Resisting these memes means losing bot…
The Fundamentals Are Sound
Most investors think that other investors think that last week’s correction was about vol-selling. The real story? Everybody knows that everybody kn…
The Myth of Market In-Itself: Things That Matter #3, Pt. 2
The behaviors that influence markets must be considered in context of archetypes, the languages and identities which group investors every bit as much…
The Myth of Market In-Itself: Things That Matter #3, Pt. 1
Benjamin Graham famously said that the market is a voting machine in the short run, and a weighing machine in the long run. This is a right-sounding i…
A Taxonomy of Humans, Evolution and Aliens (by Silly Rabbit)
Leonid Moroz has spent two decades trying to wrap his head around a mind-boggling idea: even as scientists start to look for alien life in other plane…
Before and After the Storm or: Make America Good Again
What does the path of history tell us? What does the aftermath of one of America’s greatest natural disasters and human tragedies tell us? What can …
Revenge of the Humans, Emojis & Mushrooms (by Silly Rabbit)
Portfolio Manager — Of all the roles this is where I think things really need to change in terms of who sits in this seat. It can no longer be hedg…
Data Access Battles, Creative Thinking & Full Script AI (by Silly Rabbit)
A couple of weeks back I shared a link to the story of ImageNet and the importance of data to developing algorithms. Ars Technica reports on two…
You Still Have Made a Choice: Things that Matter #2
Diversification is clearly one of the things that matter. Unfortunately, most investors pursue the meme of diversification! instead of the real thing,…
AI BS Detectors & the Origins of Life (by Silly Rabbit)
Confidence levels for the Social and Behavioral Sciences, Claude Berrou on turbo codes and informational neuroscience, and thermodynamics in far-from-…
Programmable Money & Auto Public Offerings (by Silly Rabbit)
Programmable money, ImageNet: the data that changed AI research, Auto Public Offerings and the paradox of historical knowledge.
Whom Fortune Favors: Things that Matter #1, Pt. 2
Part 1 of this note highlighted the supremacy of the risk decision in portfolio construction. In this follow-up, Rusty observes that many investors ma…
Algorithmic Complexes, Alpha Male Brains, and Winnie the Pooh (by Silly Rabbit)
Massively complex complexes of algorithms, AI vs. human performance, the Alpha male brain switch and explaining vs. understanding.
One Model to Learn Them All and AI Is/Isn’t Taking Over the World (by Silly Rabbit)
One model to learn them all, semantic scholars, AI is/isn't taking over the world, and autonomous learning investment strategies.
Whom Fortune Favors: Things that Matter #1, Pt. 1
Of all the decisions you make as an investor, how much risk you take outweighs all of them. It is more important than costs, more important than diver…
AI & Video Games, Tricky Chatbots and More… (by Silly Rabbit)
AI and video games, tricky chatbots, the quantum age has officially arrived, and your high dimensional brain.
Long Short-Term Memory, Algorithms for Social Justice, and External Cognition (by Silly Rabbit)
DARPA funds a graph analytics processor, exploring long short-term memory networks, auditing black box predictive models, fast iteration and language …
The Summer Reading List (by Jeremy Radcliffe)
In which Jeremy Radcliffe recommends Bob Lefsetz, Scott Galloway, Scott Belsky,Tim Urban and the gang at Hoisington.
Chili P is My Signature: Things that Don’t Matter #5
The second moral license from a wise emphasis on passive investing is spending inordinate amounts of time on tilts, trades and tactical ideas that wil…