Follow me on Twitter here, or subscribe to the blog at the bottom of this post. A theme that has run central to many of the pieces I have written on this blog is our perception of, and relationship with, time. Time is central to our lives. It impacts our capacity to take risk, our […]
Follow me on Twitter here, or subscribe to the blog at the bottom of this post. In just two months since my last piece on this blog – The Case For Ethereum – the cryptocurrency landscape reached its next milestone with the launch of EIP-1559 on August 4th. As alluded to in the previous piece, […]
Follow me on Twitter here, or subscribe to the blog at the bottom of this post. One of my favorite pastimes is meandering. Tremendous things can happen on a walk with no destination; it is convex exposure to random interactions that you otherwise would not have had. Recently, one of my meanderings led me to […]
In the period leading up to the 1990s, sound business models were predicated upon deploying capital to produce assets which in turn generated more capital; in essence, to generate a dividend. Homeowners who rent their properties out have deployed capital for accumulating a return on this investment via rent payments. Consequently, tangible (and productive) assets […]
Unless you have been under a rock the past week it is highly unlikely you did not hear the clamor regarding r/wallstreetbets. This decentralized community took advantage of a structural inefficiency in the stock market by launching a highly coordinated assault on heavily shorted names such as GameStop, forcing market makers to hedge their position […]
The 2016 presidential election changed the landscape of the American presidency forever and 2020 was close to bringing an encore performance. Joe Biden entered the election as a 90% favorite according to Nate Silver’s statistical models with the outcome being decidedly closer than most polls and pundits anticipated. To make matters surrounding the outcome even […]
It is a cold night in a quaint town – the snow is falling from the heavens, resting on a jet-black road that is covered in ice. A passive observer cannot help but notice clouds of vapor floating through the street, enveloping the heads of two brothers who are excitedly making up for lost time; […]
Supernovas are cosmological events that occur when the composition of a star’s core is fundamentally altered. As a star nears the end of its life, its core can no longer handle the pressure exerted by its own gravitational force, causing it to collapse. This sudden collapse rapidly converts gravitational potential energy into a dense mix […]
In the distant future, humanity has managed to master time, gaining the ability to traverse it. The river of time – once thought to be a stream flowing in one direction – is now known to loop, twist, and turn back into itself. In this future world, time’s domestication gave way to its commoditization; humans […]
“I’m not so fanatical a worshipper of liberty as some of my radical or conservative friends; when liberty exceeds intelligence it begets chaos… We had too much economic liberty in the later nineteenth century due to our free land and our relative exemption from external danger. We have too much moral liberty today, due to […]
The Hyperbolic Time Chamber (in reference to the popular anime Dragon Ball) is a realm that dilates time – one year spent inside of the Chamber corresponds with a single day outside of it. Many individuals in the anime exploit the Chamber’s dilutive properties to experience a year’s worth of improvement in just a single […]
How can one effectively expand their purview from the tangible and perceptible to the abstract and unseen? Human minds are predisposed to search for causality. Our biology drives us to create associations among events, crafting a narrative that expounds upon specific outcomes. These constructed narratives make our reality appear destined in hindsight. But, suppose that […]
In the middle of studying for my last exams, I could not help overhearing some students in the library complaining about their mathematics course. Their complaints were comprehensive; the professor was difficult, the notes were lackluster, and the homework was too tedious. After the course-specific discussion ended, one of the individuals in the group made […]
The invention of money fundamentally changed economies forever. In pre-modern society, individuals could only transact by swapping goods. Barter transactions were comprised of extremely specific, personalized transactions based upon the needs of two groups. This posed obvious issues as a group with one particular need could only successfully transact with a different group if their […]
Risk and uncertainty are often associated together. When one contemplates partaking in a risky endeavor, there is typically uncertainty surrounding the probability of an event occurring. Few people would argue that gambling is a riskless endeavor, nor is participating in financial markets. There exists a probability that one loses the money they elect to play […]
I have spent the past four years of my life enamored with the mathematics of probability theory and its statistical applications. When I was first introduced to the subject in high school, I was curious to determine if flipping a coin was truly a fair game. Many, many flips (and plenty of lost quarters) later […]