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Las Vegas Mass Shooting and Life’s Fundamental Asymmetry
Albert Wenger – Oct 2, 2017
I was going to write a post today about how liquidity in financial markets goes down as concentration of holdings goes up but then I woke up to the news of the mass shooting in Las Vegas last night. I [...] Read more
The Estate Tax and Universal Basic Income: Who Deserves What?
Albert Wenger – Sep 29, 2017
I just spent a couple of days in Vienna, Austria at a conference. The upcoming Austrian elections were the talk of the town. One of the major parties is campaigning in part on the promise of introducing an estate tax [...] Read more
Uncertainty Wednesday: Sample Mean
Albert Wenger – Sep 28, 2017
Last Uncertainty Wednesday I introduced a definition of climate as the probability distribution over weather states. That post ended with a question about how historically observed statistics relate to this distribution. I am in Vienna Austria for a conference and [...] Read more
Machine Learning Build vs Buy: The In-House Temptation
Albert Wenger – Sep 25, 2017
By now most CEOs of startups understand that they urgently need to figure out what role machine learning will play in their business. Large established companies too are actively engaged in this process. This is not an easy task in [...] Read more
The Unknown Path to a Decentralized Future
Albert Wenger – Sep 22, 2017
Some companies with currently centralized services have been criticized for issuing tokens and raising money in ICOs. There are even allegations that venture investors are pushing companies to do so as a ploy for liquidity. I suspect that some situations like that do actually exist, but I know from first hand conversations that many of the entrepreneurs pursuing this route are doing so out of a genuine conviction that it is the right path to a decentralized future. Read more
The Unknown Path to a Decentralized Future
Albert Wenger – Sep 22, 2017
Today’s post is over at USV.com on “The Unknown Path to a Decentralized Future.” Here is the opening: Read more
World After Capital: Progress Report
Albert Wenger – Sep 18, 2017
My book World After Capital has been an ongoing project for a couple of years now. I am excited that as of this weekend I feel it includes all the ideas I want in there. Some of them, such as [...] Read more
Uncertainty Wednesday: Weather (Intro)
Albert Wenger – Sep 13, 2017
So far in Uncertainty Wednesday we have mostly built up concepts and ideas, with only one extended example. Given the two massive hurricanes Harvey and Irma, the weather received a lot of attention, including the question to what extent the [...] Read more
ICOs and the Promise and Perils of a Global Capital Market for Everyone
Albert Wenger – Sep 8, 2017
I have already written a bunch about ICOs here on Continuations, including earlier this week about the Chinese ban. Regulators are approaching this, not surprisingly, by focusing on their own country. While that’s understandable, it undermines one of the most [...] Read more