Analyzing the Bitcoin Ponzi Scheme Ecosystem
Analyzing the Bitcoin Ponzi Scheme Ecosystem from Trading Game Pty Ltd
Details
Why We Listen To Bad Forecasts
London had 120,000 residents in 1523. A fifth of them – 25,000 people – had fled the city by February 1524. They weren’t running from war or famine. In the summer of 1523 a group of fortune tellers warned that on February 1, 1524, the River Thames would swell so high it’d swallow London whole.…
Details
Vanishing time in the pursuit of happiness
Unlike other goals, pursuing happiness rarely leads to attaining happiness (Schooler, Ariely, & Loewenstein, 2003). Instead, seeking happiness more often, ironically, decreases happiness, in turn causing a previous act of seeking happiness to prompt continued behavior devoted toward the same objective (i.e., acts of seeking happiness). How might this happiness-seeking spiral shape one’s experience? We propose that the…
Details
The difference between a snafu, a shitshow, and a clusterfuck
Let’s say the situation at work is not good. The project (or product, or re-org, or whatever) has launched, and the best you can say is that things aren’t going as planned. At all. It’s a disaster, though the best word for it is the one you drop over drinks with your team and when…
Details
Nobody Likes A Smart Arse Toaster
Chalk one up for the humans. Hedge funds that use artificial intelligence and machine learning in their trading process posted the worst month on record in February, according to a Eurekahedge index that’s tracked the industry from 2011. The first equity correction in two years upended their strategies as once-reliable cross-asset correlations shifted. While computerized programs…
Details
The Best Way to Lose $5 Billion Dollars
It was January 4, 1877 and the world’s richest man had just died. Cornelius “The Commodore” Vanderbilt had amassed a fortune of over $100 million over the course of his lifetime as a railroad/transportation pioneer. The Commodore was of the belief that splitting the family fortune would lead to ruin, so he left a majority…
Details
Fund Managers with Psychopathic Traits Get You Less Money
Given the importance of wealth in this day and age, the decision to take a portion of your hard-earned money and make an investment should not be an easy one. After all, we all know that it can be a risky endeavor, which requires special knowledge and expertise in a highly volatile market. One way…
Details
