One of my favorite ways to describe the potential benefit of this technology is to point out that in order for transactions to happen in our economy, the parties need to trust each other (rare) or have a trusted intermediary. […]
Venture capital investments in insurance startups doubled in 2016 to $830mm, and are at $740mm year to date – on pace to almost double again. Interestingly, much of the capital is coming from investment arms of traditional insurers. | learn more
An example of a really dumb smart guy (he’s an MIT researcher). “Prosecutors say Yan searched ‘how sec detect unusual trade’ before he bought numerous stocks and options that netted him around $120,000 in illicit profits.” |learn more
It’s as great as you would expect. | learn more
I’ve grown up hearing and reading about Warren Buffett and his company Berkshire Hathaway. I hope I’ll be forgiven for never realizing the full scope of his rise to become one of the wealthiest men in the world. His story […]
Forbes offers highlights from McKinsey’s latest report on the sector. One factoid that caught my attention was about Amazon’s acquisition of robotics firm Kiva Systems. “‘Click to ship’ cycle time, which ranged from 60 to 75 minutes with humans, fell […]
We all make decisions every day – many of them. Most are made by our “automatic” brain (aka System 1). To make better decisions, we need to slow down and use a process. It sounds boring, but it’s remarkably effective. Read […]
Berlin-based startup Infarm has a vision of fresh produce grown directly inside of grocery stores. Considering how much of the food business is comprised of transportation costs, it’s an exciting concept. | learn more
Einstein derisively called quantum entanglement “spooky action at a distance.” Since his time, the phenomenon has been pretty well documented. Now, researchers in China have achieved entanglement over the longest distance yet, from the Earth all the way to orbit. […]
Biologist Eric Verdin runs the Buck Institute for Research on Aging, the largest independent research institute devoted to aging research. “Our mission for right now … is to continue that progressive gain of two years [of life] every 10 years.” | learn […]