Google’s New AI Is Better at Creating AI Than the Company’s Engineers – Futurismhttps://apple.news/AZGL3hrwTThuTdhEG_Tm3Jw
https://www.ft.com/content/4b8cd546-3bf1-11e7-821a-6027b8a20f23
The story above points out the difficulty of investing in emerging markets. But portfolio volatility maybe the necessary price we pay for Alpha going forward. A world awash in bank reserves (if not money supply, which is why no inflation and slow growth) has seemingly dampened volatility in developed the markets
Story above reiterates an exhausting truth –there is no passive investing. But go ahead keep deceiving yourself
The crisis of meaning continues. It is somewhat like a neo nihilism. As if a generation wants to say –nothing matters enough to change anything. Tragic.
http://assets.realclear.com/files/2017/05/576_debt.pdf
Good research. The next time you hear someone say with breathless tone that household debt is at an all-time high. Enjoy a moment of snooty insight and say to yourself “yes, but debt to income is shrinking.” Nerds just want to have fun too.
https://www.bloomberg.com/view/articles/2017-05-18/oh-no-not-another-debt-crisis
http://blog.yardeni.com/2017/05/death-by-amazon.html