Back in 2012, FBI Director Robert Mueller made a great point… There are only two types of companies: those that have been hacked and those that will be. Interestingly, Mr. Mueller didn’t mention individuals, referring instead to “companies.” The fact is, though, that individuals play a much more important role than organizations when it comes […]

We have received numerous emails from our clients about the current craze called NFTs (Non-fungible token). People are going mad over NFTs, in fact this morning I read that an artwork was burned by cryptocurrency group and sold as NFT for $382,000. And I am sure there are many other similar stories. You might ask, […]

In short… We are long disruption. And that is the end of it. And those of you that are following us since early 2016 know that we have had many such instances of market volatility and we kept adding to our positions. We do have hedge in place in the form of QQQ puts. And […]

The mind can be a wonderful tool for self-delusion – it was not designed to deal with complexity and nonlinear uncertainties. Counter to the common discourse, more information means more delusions: our detection of false patterns is growing faster and faster as a side effect of modernity and the information age: there is this mismatch […]

Things to consider when you read an article with statistics: Who did the study? Who funded the study? What were they trying to measure? Who was asked? Who was interviewed? How and where were they asked? What are the stats being compared to? For more information check How to Lie with Statistics by Darrell Huff.