How did America—a country dedicated to the proposition that all men are created equal—become one of the most unequal countries on the planet? Why do the nation’s leaders now spend so much of their time feeding at the trough and getting ever more for themselves? Why has public-mindedness in our leaders given way in so many instances to limitless greed?
Michael Mauboussin, managing director and head of Global Financial Strategies at Credit Suisse, wrote an report exploring:
[T]he applicability of freestyle chess to the world of investing, where fundamental analysts are “man” and quantitative analysts are “machine.” More pointedly, might there be a way that investors can combine the strengths of fundamental and quantitative analysis while sidestepping the weaknesses?
After witnessing the great success of the PRO Chess league:
As the number of spectators swelled to more than 6,000 this past Sunday during the final, the success of the league was even greater than the founders had imagined, according to Grandmaster (GM) Alejandro Ramirez. “The number of viewers showed that chess can compete with any eSport,” said Ramirez.
We are developing the idea of a Millionaire Freestyle Chess Tournament as a vehicle of exploring better investment strategies, in addition to exploring Garry Kasparov’s ideas of using the decision-making process of chess as a model for understanding and improving our decision-making everywhere else and how we have discarded innovation and creativity in exchange for a steady supply of marketable products.
According to studies:
- Chess boosts brain power in kids.
- Chess improves IQ.
- Chess enhances arithmetical skills.
- Chess hones verbal skills.
- Chess sharpens critical thinking skills.
- Chess boosts emotional intelligence and psycho-social skills.
Bill Gates, Albert Einstein, William Shakespeare, Napoleon Bonaparte, Winston Churchill, Will Smith, Bono, and Madonna were or are avid chess players. Tennis legend and six-time Grand Slam singles champion Boris Becker said:
“I used to prepare for my tennis matches by playing chess, and it would get my mind stimulated and focused before going on court. It was essentially a mental warm-up.”
And learning computer programming has never been more important. According to Douglas Rushkoff, author of Program or Be Programmed:
When human beings acquired language, we learned not just how to listen but how to speak. When we gained literacy, we learned not just how to read but how to write. And as we move into an increasingly digital reality, we must learn not just how to use programs but how to make them. In the emerging, highly programmed landscape ahead, you will either create the software or you will be the software. It’s really that simple: Program, or be programmed.
The following story of “Ruby” reverse engineering a startup based on market conditions, industry trends, and nascent investor fads is taken from Throwing Rocks at the Google Bus by Douglas Rushkoff.
One of the smartest technologists I know, a young woman from the West Coast I’ll call Ruby, decided to launch a company on a whim. Ruby did exhaustive research on emerging interests and keywords in the technology and business press, as well as conference topics and TED subjects. What were venture capitalists getting interested in? Moreover, what sorts of technical skills would be valuable to those industries? For instance, if she concluded that big data was in ascendance, then she would not only launch a startup related to big data but also make sure she created competencies that big data firms required, such as data visualization or factor analysis. This way, even if her company’s primary offering failed, it would still be valuable as an acquisition—for either its skills or its talent, which would be in high demand if her bet on the growing sector proved correct.
She ultimately chose geolocation services as the growing field. She assembled teams to build a few apps that depended on geolocation—less because the apps themselves were terrific (though she wouldn’t complain if one became a hit) than because of the capabilities those apps could offer to potential acquirers. Working on them also forced her team to develop marketable competencies as well as a handful of patentable solutions in a growing field with many problems to solve. The company was purchased, for a whole lot, by a much larger technology player looking to incorporate geolocation into its software and platforms. The employees, founder, and inventors who believed in her are now all wealthy people.
E-commerce using Elasticsearch
And Machine Learing
Last night, I attended an Elastic meetup hosted by HBC Digital. The Hudson’s Bay Company (HBC) owns Saks Fifth Avenue and Lord & Taylor. This meetup provided one of those “aha” moments. It is possible to build a local search engine using elasticsearch. This search engine would incorporate e-commerce and machine learning.
Dr. Steve is founder of Capital Preparatory Schools which included Capital Prep Harlem and Capital Prep Harbor in Bridgeport, Connecticut. He also founded the Capital Preparatory Magnet School in Hartford, Connecticut.
Dr. Perry has been featured on MSNBC, Fox, CNN, Al Jazeera, TV One, BET and NBC as well as on the Oprah Winfrey network in multiple shows.
Terrance Jackson: What would you like people to know about Capital Prep Harlem?
Dr. Steve Perry: I would like them to know that it is a year-round college preparatory grade 6-12 school with a theme of social justice and the expectation that every single child that graduates will go on to a 4 year college.
TJ: What was it like working with Sean “P Diddy” Combs?
SP: We still work together, so it’s good. It gave me the opportunity to have somebody that I deeply respect from another industry. Learn from some of the things that he’s done to build out his organization and to provide for the community. And to be able to share what it is that I learned as it specifically relates to children and how we have grown our model to support the community.