Marketing folks are famous for always saying that “sex sells.” It’s true, of course. But what is under discussed, broadly, is that fear sells the most. Fear of missing out on an investment deal. Fear of losing a potential relationship. Fear of losing a loved one. Perhaps I’ve grown too…

As artificial intelligence continues to evolve, the capabilities of language models like GPT-4 have become increasingly impressive. These AI-driven systems are designed to understand and respond to a wide range of queries, providing users with information, advice, and even a bit of entertainment. However, one aspect of interacting with AI…

One thing that drove me crazy during the last 3 years was this intense distortion of time. I got the sense some of the people I interacted with had the same issue. The isolation contributed for sure but as world events went from fast to slow to fast again, sometimes…

…continued from Part 2. Money is the Salve that Soothes all Doubts Many years ago, the CEO of a bank I used to work for was asked a question by my boss’ boss’ boss about how the firm would survive all these seemingly disastrous events and risks facing them that…

…continued from Part 1. Trough of (Banking) Sorrows What is the Trough of Sorrow, Anyway? There is a glamour associated with being a startup founder. Successful game-changing tech companies like Airbnb and…medium.com As the crypto industry finishes the tail end of the “post-Gox” stage, things are relatively quiet. Less drama surfaces than during the previous few years, but it’s still extraordinarily difficult to get banking traction.

Lies, damned lies, and statistics - Wikipedia " Lies, damned lies, and statistics" is a phrase describing the persuasive power of statistics to bolster weak…en.wikipedia.org This quote (sometimes attributed to Mark Twain) is one of my favorites to keep in mind when you start using statistics in algorithmic / high frequency trading. It’s one of the most common traps quantitative traders fall into. Here I just want to make a few comments about nice looking…

Banks Are Fleeing Crypto. Bitcoin Investors Should Be Worried. Metropolitan Bank Holding (ticker: MCB), one of the earliest banks to delve into digital assets, says it’s closing out…www.barrons.com US bank Silvergate hit with $8bn in crypto withdrawals The bank has had to sell $5.2bn in assets to cover two-thirds of its customers withdrawing their deposits.www.bbc.com Here are a few thoughts of mine on some of the recent developments within the banking system vis a vis crypto companies.

This will be short form from me — we don’t need more regulation, we need more competent regulators. The former problem will be easy to solve once the latter one is. The latter problem is way harder to solve, in my view. P.S. Matt Damon: Do you know who else fortune favors, outside of the brave? People who know something about the topic they’re talking about.

Inspired by this Tweet by someone named Juthica, I wanted to make some comments on the nature of 24/7 trading during volatile environments. One can reasonably ask, if you were to design a modern 21st century financial market, what would it look like? The answer was simple to me…