There are many detractors of AI, a few are taking the field ahead by redefining cause and effect [1], a few have called AI dead, and believe it is nothing but an attempt to get computers to do cool stuff [2]. The web is full of garbage in garbage out [3] references when it comes…

Friends have started calling me, messaging me. Most of them, anxious about missing the ‘doubling the returns in under a year’ bus. This is different from the calls which I receive at market lows. I will be honest. I am not an advisor. I build intelligence machines, which manage money, can advise, and do a…

Tech Tokenization is an effective way to distribute reward, maintain accounts, and fractionalize.

The beauty of AI is that it can enhance itself.

AlphaBots is any SSR process that is open to validation on the AlphaBlock. The process can be alpha agents like prediction markets or data scientists, or simply machines open to competing on the AlphaBlock. Competition is important for the accountability of an SSR process. Without the validation accountability any alpha process is simply a subjective…

The recent paper “Why Indexing works” [1] gives a probabilistic explanation of the futility of the Active process and why Passive Indexing is hard to beat. For every 1000 people who read the Wall Street Journal, maybe 10 read the Bloomberg Markets (BM) magazine and for every 10 who read the last month’s issue of…

When you make a big claim, you have to be careful. This is the lesson hardest to learn. I am still learning it. My stock market education helped me a lot. The one thing it always taught me was to be ready for a surprise.