Correlations, Volatilities and Meta

If you like X, you might also like A, B and C Take a look at the three most correlated stocks for every stock in the Nasdaq 100. We are using our massive correlation matrix for every stock and ETF that we could find (roughly 35,000). We update this matrix once per week. No small … Continued

BIG TECH & THE LAW OF LARGE NUMBERS

HOW EXACTLY DID BIG TECH GET TO BE SO … BIG? To paraphrase ben franklin, those who would give up essential privacy to purchase temporary convenience deserve neither privacy nor convenience. Throughout history, humankind has used opposable thumbs and excess brain capacity to make daily existence easier. A line of convenience could be drawn from … Continued

High Fiverr

Fiverr connects freelancers and gigs with Amazon-like efficiency, one of the reasons so many new freelancers aren’t looking back. Amid a harsh economic landscape, where Covid-19 jeopardizes lives and livelihoods around the world, freelancing has emerged as a much-needed beacon of hope for skilled workers.  In the United States alone, tens of millions of people … Continued

Getting Real About The RealReal

A consignment marketplace detects fake merchandise, but is its stock price for real? The RealReal (REAL) has been pioneering the authentication economy for nearly a decade. The company employs a squadron of experts to ensure fakes don’t enter the product mix of designer labels in its luxury consignment marketplace.  Its customers are buying secondhand clothes, … Continued

A Future Without Free Will

The convergence of biology and technology could take control of the human mind, warns futurist The myth of free will is destined to crumble when machines know people better than people know themselves, predicts Israeli historian and philosopher Yuval Noah Harari. That’s the moment when humanity will cede authority to algorithms, he maintains. In his … Continued