Narrative

From our A-Team of seasoned subject matter experts, the Narrative is an evolving stream of perspectives and insights on a broad range of financial subjects and asset classes. Please read, enjoy and share.

Author: Neville Crawley GUEST CONTRIBUTOR
Date: September 20, 2017
Category: Rabbit Hole
Tags: AI, blockchain, fiat news, influencers

How young people consume news, how one news site is trying to educate its commenters, and what words should exist at all.

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Author: Neville Crawley GUEST CONTRIBUTOR
Date: September 13, 2017
Category: Rabbit Hole
Tags: AI, evolution, Netflix, Twitter, Aliens, China

The value of keeping humans in the loop, the emerging physics of evolution, and a novel theory that aliens might already be here.

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Before and After the Storm

Author: Rusty Guinn
Date: August 30, 2017
Category: Politics
Tags: Houston, Hurricane Harvey, Trump, Will Durant, Isaac Asimov, Foundation, Seldon Crisis, The Mule, Arial Durant, Game of Thrones, Texas, Texans, Ender’s Game, civilization, human behavior, Competitive Game, psychohistory, Charlottesville, Hari Seldon, Tip O’Neill, Cajun Navy, internet

Politics used to be local; now, thanks to the internet, they’re not. In the aftermath of Hurricane Harvey, Rusty discusses how we’re shifting from a Collaborative to Competitive game and what this might mean for civilization.

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Revenge of the Humans, Emojis & Mushrooms

Author: Neville Crawley GUEST CONTRIBUTOR
Date: August 22, 2017
Category: Rabbit Hole
Tags: AI, portfolio management, quants, emojis, VR, mushrooms

In which Neville muses on the future of portfolio management, the emotional context of emojis, the supposed rise of econometricians and the efficacy of a mushroom app.

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Data Access Battles, Creative Thinking & Full Script AI

Author: Neville Crawley GUEST CONTRIBUTOR
Date: August 15, 2017
Category: Rabbit Hole
Tags: AI, algorithms, Facebook, Yuval Noah Harari, cuneiform, Maryam Mirzakhani, math, Claude Shannon, Bell Labs, bots, data access

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 ‘at the coalface’ battles over data access with HiQ and Power Ventures fighting with LinkedIn and Facebook over data access. I’m not advocating a position on this but, to be sure, small — and currently obscure — court cases like these will, cumulatively, end up setting the precedents which will have a significant impact on the evolution and ownership of powerful algorithms that are increasingly driving behavior and economics.

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You Still Have Made a Choice | The Five Things that Matter #2

Author: Rusty Guinn
Date: August 10, 2017
Category: Things That Matter
Tags: diversification, volatility, portfolio construction, risk, Kelly Criterion, Rush, Free Lunch Effect, drumming

We must be intentional in our pursuit of real diversification (and the resulting free lunch effect). Portfolio construction and the decisions we make are a chain of linked engagements. We do great harm to our portfolios if we play at diversifying instead of actually doing it.

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AI BS Detectors & the Origins of Life

Author: Neville Crawley GUEST CONTRIBUTOR
Date: August 8, 2017
Category: Rabbit Hole
Tags: AI, artificial intelligence, algorithms, NLP, MIT, DARPA, social science, behavioral science, Claude Berrou, neuroscience, information theory, graph theory, brain, cortex, thermodynamics, Quanta, Simons Foundation, Jim Simons, Renaissance Technologies, origins of life, game theory, Nicky Case

In this week’s installment of the Rabbit Hole, Neville covers DARPA’s desire to build a BS detector for science, Claude Berrou on turbo codes and informational neuroscience, thermodynamics and the origins of life, and a new game theory simulator that explores how trust develops in societies.

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Programmable Money & Auto Public Offerings

Author: Neville Crawley GUEST CONTRIBUTOR
Date: August 1, 2017
Category: Rabbit Hole
Tags: AI, blockchain, cryptocurrency, ImageNet, data, Goldman, Bill Gates, Yuval Noah Harari

Programmable money, AI photography, the impact of ImageNet, the Auto Public Offering, and the paradox of historical knowledge.

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