Ideas
“…In his latest presentation at BTC Prague, Michael Saylor presented “his bitcoin prophecy”, predicting that bitcoin will reach a price of USD 21 million per coin by 2046 (21 years from now). While USD 21 million sounds crazy right now, it is important to put this into perspective. This price would imply an annual return of 28.5% over the next 21 years. If we consider that over the last 21 years, Apple’s stock has returned…
Why a vector Database is a must?A vector search engine is a type of search engine that uses vector representations, also knownas embeddings, to search for relevant information. Unlike traditional keyword-based search engines, vector search engines use mathematical techniques to represent and process the meaning of words, phrases, sentences, or documents in a high-dimensional vector space. The key idea is that semantically similar items have similar vector representations. Vector search engines are particularly useful for…
Some take aways from Nassim Taleb “Statistical Consequences of fat tails” book. A must read for a next generation thinker.
You are offered a choice between two envelopes E1 and E2. All that you know about them is that one contains twice as much money as the other. After you have chosen one of the envelopes, you are offered the opportunity to switch the envelope that you have chosen for the other envelope. Should you keep the first Envelope or change? Here is a tempting line of reasoning that suggests that you should make this…
The world is changing rapidly, and the power of data is becoming increasingly evident. Some say that “Data is the new oil,” while others liken it to “Plutonium.” Whatever the comparison, it’s clear that data is a valuable resource that can be used to drive innovation and progress in various industries. Similarly, artificial intelligence (AI) is being hailed as the new electricity, as it has the potential to transform the way we live and work….
A New Interpretation of Information Rate. Created in 1956 by John Kelly, a Bell Labs scientist. Let us consider a communication channel which is used to transmit the results of a chance situation before those results become common knowledge, so that a gambler may still place bets at the original odds. Consider first the case of a noiseless binary channel, which might be used, for example, to transmit the results of a series of…
If you have not watched some of those videos below.. Or if you do not know majority of those sites. You must re consider what you know about todays financial market opportunities or modern financial markets. Some names: Courtney Smith – Coach of Martin (Marty) Schwartz, also known as Buzzy, is a well-known Wall Street trader who has amassed a substantial fortune trading futures, stocks and options. He is also an author of the day…
It was during the late-50’s and early-60’s, when Ed (Edward Thorp), a math genius and professor at MIT, took on the challenge of discovering a way to get an edge playing gambling games such as blackjack, roulette and baccarat. Long story short; Ed won—and he’s now considered the father of card counting. From there, the next obvious move for Ed was to take on financial markets—which he also did with a great degree of success….
While many are only hearing about prediction markets for the first time, for near a decade they were active. It is a shame that I have not noticed them. Life is strange. For example; trading on the outcome of Britney Spear’s conservatorship and the Suez Canal obstruction! – Could this event become a contract? In order to understand the process you need to navigate first. Polymarket PredictIt Kalshi A prediction market is a…
To understand why things happen, you need to understand the thoughts and emotions of the people involved