AI and video games, tricky chatbots, the quantum age has officially arrived, and your high dimensional brain.
On episode 22 of the Epsilon Theory podcast, we’re in Las Vegas at the 2017 EQDerivatives conference. Both Dr. Ben Hunt and our guest, Devin Anderson, managing director in equity derivative sales at Deutsche Bank, were speakers at the event this year. In a nod to David McCullough’s 2015 book, The Wright Brothers, this episode explores whether the ubiquitous ideas floating around finance today actually have wings and can fly.
DARPA funds a graph analytics processor, exploring long short-term memory networks, auditing black box predictive models, fast iteration and language from police body cameras.
In which Jeremy Radcliffe recommends Bob Lefsetz, Scott Galloway, Scott Belsky,Tim Urban and the gang at Hoisington.
So yeah, I’m overweight and I need to get more sleep. I’m not happy about the market, and I’m anxious about living up to my obligations to my partners and clients. But I wake up every morning thinking independent thoughts about idiosyncratic risks. I’ve got a Tribe. I’m nobody’s horse. And that’s about as good as it gets here in the Hollow Market.
The second moral license from a wise emphasis on passive investing is spending inordinate amounts of time on tilts, trades and tactical ideas that will never influence our portfolio results.
What web searches correlate to unemployment, verbal and nonverbal behaviors, and methodologies with a fragility problem.
Complex systems, machine learning software creating machine learning software, one-shot imitation and the power of the platform.
Proximity of verbs to gender, wiki-memory, fool me once (and twice), and a veritable zoo of machine learning techniques.
For the bored (read: profitable) investor, the bias to action is a constant threat. As we become more passive in our strategies, the moral license to ‘do something’ is exaggerated, and must be curtailed.