The Mathematician Who Cracked Wall Street

This post originally appeared on steemit.

 

James Simons is ranked #49 on Forbes List of Billionaires.


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James is also #1 in the category of “Highest-Earning Hedge Fund Managers”

So what is his secret of untold wealth accumulation?

Predictive signals.

Yeah, right, so how’s that going to help me be rich?

It’s not.

He had this to say about it during a speech at MIT:

“In the beginning of his speech, Simons relays an anecdote that later becomes very funny.

He says, “I went to the institute for Defense Analysis in Princeton University, where they did secret government work and paid quite a lot and you could spend half of your time doing your own mathematics and half of your time doing their work, whatever their work was. [He pauses] It involved computers… Well, it was secret, I don’t want to talk about it.”

Then he begins speaking about his firm. He says people ask him, what’s the secret?

Simons says, “Of course I’m not going to tell you the various predictive signals –Unless… No, I’m definitely not. [Laughter erupts] That’s even bigger secrets than those at, down there [the Defense Analysis at Princeton].””
So really, he isn’t going to tell us how he did it specifically.

What’s the point then?

James used the complex math to break codes which could help explain patterns in the world of finance. Billions later, he’s working to support the next generation of math teachers and scholars.


The Mathematician Who Cracked Wall Street


The reason I bring up James, besides being interesting, is that he is faced with a question that we all must consider.

Each day I work, I do it with the understanding that I will get paid.

Sometimes I do other types of work on my own and hope to get paid.

Why do I even care about money?

Well besides needing it to pay for basic necessities and frivolous wants and other perks, I have to earn money to pay back money I’ve borrowed.

These debt obligations take many forms; mortgage, car loans, school loans, personal loans, and credit cards.

The more money I am able to earn, then the sooner I can pay off these debts.

Then what?


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For a long time being debt free was a goal in my life, until it wasn’t.

The deal is once I get out of debt, then what am I going to do all day?

I am still going to have to work to pay for basic life necessities.

I am still going to want frivolous things and other perks.

So what’s the deal, can I just go on vacation all day and do whatever else I want?

No.

That being said, what if I do hit it big on cryptocurrency?

I would need to find something to do with my life and ways to manage the funds well and hopefully grow them and use them wisely.

What is Jim Simons doing with his billions?

Jim and his wife Marilyn founded the Simons Foundation in 1994, a charitable organization that supports projects related to education and health, in addition to scientific research.

And that is just part of what he has done to help.

What would you do if you had billions?

As for me, I guess I will find out if it happens…

Remember: “The Revolution Will Be Decentralized!”


Stay tuned.
Stay interesting.
Stay Strange.


MichaelCreated by Michael Paine


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User’s Guide on How to Strive For A Better Life In 2017



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Epistemic status: Not serious, also not “in-crowd” enough to use Epistemic status.

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User’s Guide on How to Strive For A Better Life In 2017

This post originally appeared on steemit.

 

Start here:

Epistemic status: Not serious, also not “in-crowd” enough to use “Epistemic status”.


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Read each Question and Choose One Answer and Follow Along:


Q1: What is the meaning of life?

A) Whoa!, Let’s not bring up philosophy, I don’t like to think about that stuff.

B) Begging the question fallacy – who says life exists and if so, that there is any meaning?


IF A, Then:

Q2: Nobody values what I do or care about (okay, not really a question…)

1) Get Smart.

2) Get Hard.


IF 1, Then:

Read everything. Learn everything. Get good at one thing. Let everyone know you are good at that one thing. Get good at getting good at that one thing. Get good at signaling that you are getting good at that one thing.

Or Get Got.


IF 2, Then:

Hustle. Sleep less. Work more. Grind. Sell. Sell. Sell!

Crypto never sleeps and neither do you.


IF B, Then:

3) I’ve been thinking too much about these sorta things and think we might be in a simulation.

4) I agree with Descartes enough to tentatively accept the premise “Cogito ergo sum”, aka “I think, therefore I am”.


IF 3, Then:

Read everything about programming. Learn everything about programming. Get good at one programming language. Let everyone know you are good at that one programming language. Get good at getting good at that one programming language. Get good at signaling that you are getting good at that one programming language.

Or forget about it, you’re merely a simulation anyways…


IF 4, Then:

Read everything about philosophy. Learn everything about philosophy. Get good at explaining one particular philosophy. Let everyone know you are good at explaining that one particular philosophy. Get good at getting good at explaining that one particular philosophy.

Say things others don’t understand and perhaps get a tenured position at a university.


If these suggestions and solutions don’t work for you, well you probably are a failure and always will be, or you realize that all striving is vanity and you are cool with just being.

Que será, será.

Remember: “The Revolution Will Be Decentralized!”


Stay tuned.
Stay interesting.
Stay Strange.


MichaelCreated by Michael Paine


Join me on the BitShares Decentralized Exchange
in The Billion Hero Challenge!

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Floating Cities: Future Or Fantasy?



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“Deliberandum est diu, quod statuendum est semel — A final decision should be preceded by mature deliberation.”

Floating Cities: Future Or Fantasy?

This post originally appeared on steemit.

 

“Deliberandum est diu, quod statuendum est semel — A final decision should be preceded by mature deliberation.”


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“Buy land — they’re not making any more!” so the old saying goes, but is it even true?

It seems more and more possible that with the concept of Seasteading that we should forget “buying” land and start “building” it.

In the form of floating Utopian islands, that is.

According to The Seasteading Institute, EST. 2008, they “empower people to build floating startup societies with innovative governance models.”

For many who are deeply intertwined in Libertarian and Cryptocurrency circles, this topic is old news, but for the world of new users to Steemit and hopefully BitShares, they may not have heard or seen of the possibilities that Floating Cities could provide.

But what exactly do Floating Cities bring, besides the possibility of being seasick?

Last year when I wrote Say Goodbye to Nation States, I gave my semi-amateur outtake on my observations of the changes in the world around us given the shifting political landscape.

I mentioned the possible shift from “Nation States” as overarching governing bodies to something more localized, perhaps even based on Online Communities or what I called “Virtual Regionalism”.

The problem of “Virtual Regionalism” is that we still have to actually live somewhere and that somewhere might not be the most conducive to our freedom.

So where do we go to get more freedoms?

These less free, of “Centralized” governments of “Nation States” came about “during a time of industrialisation, centralised ‘command and control’ bureaucracies and national loyalty.”

Now “modern technology tends in the opposite direction: it’s distributed, decentralised and uncontrollable.”

This is where we can remake the places we live into the places we need.


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Patri Friedman, American libertarian activist and founder of The Seasteading Institute, had this vision for our future:

“Patri is taking the Silicon Valley mindset and applying it to the nation-state. There are all these things you could now do that didn’t exist when our current system of government was invented, he told me. Constant online direct-democracy voting, building smart-cities, using crypto-currencies. And yet we still use a 19th-century model.”

With concerns of government crack downs on cryptocurrency, it might be a good time to start thinking which institute is the future and which is best left to the past.

The idea of at least testing new ways to live, govern, and grow goes beyond our current time period, but is essentially the entire story of human history.

Remember: “The Revolution Will Be Decentralized!”


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Stay tuned.
Stay interesting.
Stay Strange.


MichaelCreated by Michael Paine


Join me on the BitShares Decentralized Exchange
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Routine Life

Congratulations on a routine life well lived.

Outro – All Natural: Being 100% You

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

If you don’t have time to do it right the first time, well… I don’t know… relax.


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Outro of All Natural: Being 100% You
– featuring @sarahpaine and @strangerarray

This is the conclusion to our little time together.

The thing about All Natural: Being 100% You, is that we were going to write it, but never exactly finished it.

The first few chapters were in mostly finished form.

But these last few I have written on the fly.

They are probably pretty rough.

Maybe, just maybe, but probably not, I may go back and clean them up a bit and make a complete PDF or e-book of them like I did for my first book Conspire To Inspire.

I say all that to say this, I am not sure what to put here in the outro that was set aside for closing thoughts.


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Therefore, let’s recap in reverse what we talked about in All Natural: Being 100% You:


In Playing Alone: Finding Individual Activities And Hobbies we again emphasized why we believe that building margin into your life is highly important.

Making room for not always rushing allows space for leisure and that is a good thing. We looked at ways to find activities to put “play” back into your schedule and challenge you to discover what moves you.


In Avoiding Burn Out we let the title speak for itself. The point being that most all of us have been there, but what to do to avoid it in the first place?
In this chapter we will looked at how to stop being a superhero (+) and/or a martyr ( – ). We encouraged you to make this part of your life and to say “No” to people you love and care about when it is not good for you.


In Establishing Your Currency we discused rethinking value. We remember that there is more to life than living paycheck to paycheck and discover why perusing alternative currencies will help you to be All Natural. Ultimately, we hope you find something of value worth trading with others to build up other’s lives above your own.


In What’s Good For Others Might Be Killing You we showed you why you are unique and should not try to live your life as someone else. Having mentors and role-models is a great practice. But when the rubber hits the road, you are responsible for your own life and its outcomes.

We proposed a way to define success in your own terms. Other people may want to be millionaires, but do you? Do you have to own a house and have two cars and children? We explore alternative goal setting and living outside the norm. Lastly we encouraged you to live beyond the “American Dream”.


Finally, that brings us full circle to the Introduction to All Natural: Being 100% You.

This gives the starting point and context for the journey and a guide to why we did this project.

At the end of the day, we hope that you will find value in being truly All Natural!

Thanks!


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because life is honey badger don’t care!


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My New Take on the Hawaiian Culture!



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This Time It’s Not Personal



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This Time It’s Not Personal

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

“It is a kindness to ourselves, and contributes to the repose of our own minds, to extenuate and excuse the injuries and affronts that we receive, instead of aggravating them and making the worst of them, as we are apt to do.” – Matthew Henry


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I spent the majority of my early life taking things too personally and overthinking everything.

Now, I only take most everything personally.

Kidding.

I have made strides in not getting caught up in my own mental anguish by taking things that have nothing to do with me and making it all against me.

Instead of being so self-centered, I am a little less self-centered and try to be even less self-focused each day.

I don’t do a very good job of that.

But now I have learned not to be so offended by every little thing that comes my way.


“A fool’s displeasure is known at once, but whoever ignores an insult is sensible. – Proverbs 12:16 (HCSB)


What changed?

I had a journey of looking around me and realizing that I am not alone in this world and that I am interconnected and interdependent on others.

I realized that most everything I had at the time had been given to me by someone else.

I noticed that without the help of others, especially some days, I wouldn’t have had food to eat, a place to sleep, or anything else for that matter.

It is only out of the love, goodness, and kindness of friends and family that I am able to be here today.

If you know me, you may think my life isn’t too bad and I didn’t have it too hard growing up.

And you’d be right.

The thing is though, despite all the good things I had going for me in life, I was still able to mess it up.

I have always been good at things, and I was good at messing up my life.

However, that all changed.


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As part of a college World Literature class we read classic works of religious text.

We read excerpts from the Quran and the Bhagavad Gita along with other works such as the Epic of Gilgamesh.

One day, as part of the course, we were going to study the Song of Solomonfrom the Old Testament.

Our teacher requested that we bring a copy of The Bible to class for the study.

But I had a problem with that…

I didn’t own a Bible.

So one day while shopping at Walmart with my mom I asked her to buy me a cheap paperback copy of The Bible and I took it to class the next day.

We looked at the Song of Solomon in class, but otherwise I didn’t really care too much about it.

Later at home, I found in the back of it a “365 day Bible reading plan” and decided that I could take that challenge and accomplish something cool, because I thought, “Hey everyone seems to have heard of the Bible, but who has really read the whole thing?”

I seriously thought no one really read the Bible.

At that point, I realized that I didn’t know much about the Bible at all.

Not being a Christian at the time of starting the reading, I was curious to find out what the book actually said about God and Jesus and everything else.

I approached reading it as any other religious text that I had read in the course of my other studies.

However, little did I know what the Lord had in store for me through this process.


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I thought I knew something about Christianity and what it was all about. But I had to unlearn my misconceptions and prejudices before I could understand what it was really all about.

Over the course of reading the Bible in a year, I prayed for forgiveness of my sins and to accept the gift of Jesus Christ as my personal Lord and Savior and for Him to come into my heart and be Lord of my life.

This was the start of the process to become less focused on myself and more focused on helping others.


“A fool’s way is right in his own eyes, but whoever listens to counsel is wise.” – Proverbs 12:15 (HCSB)


I had been foolish and thought I knew what was right.

But now I am open to listen to the counsel of the others, instead of taking comments and criticisms as attacks, I look for ways that they can help me grow.


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine
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Playing Alone: Finding Individual Activities And Hobbies – All Natural: Being 100% You

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

If you can’t be comfortable by yourself, it is gonna be much harder to be comfortable around other people.


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Catch up on All Natural:

Introduction to All Natural: Being 100% You
– featuring 
@sarahpaine and @strangerarrayWhat’s Good For Others Might Be Killing You
– Chapter One of All Natural: Being 100% You
Establishing Your Currency: Hint it doesn’t have to be money
– Chapter Two of All Natural: Being 100% You
Avoiding Burn Out
– Chapter Three of All Natural: Being 100% You


Chapter 4 of All Natural: Being 100% You
– featuring @sarahpaine and @strangerarray

In this chapter, we will share why we believe that building margin into your life allows for leisure and why that is a good thing. We explore why you should play and discover what moves you.

In Avoiding Burn Out, we briefly touched on “that is best is to build margin into your life.”

Now we want to stress how important that idea is to be NOT-stressed out!


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There is no shortage of things in this world that need to get done.

Small things.

Big things.

Important things.

Unimportant things.

But, it is not up to you to do them all.

And sometimes it is okay not to do anything at all.

Rest is good and is necessary.

I think in this digital age it is easy to get lost in always “checking your phone” or googling something or just scrolling.

Not all life is productive, nor should it be.

Sometimes disconnecting is good and needed.

But I think that is only a half answer.

It is important to learn to live in a world where these things exist and not just shun them.

Ignoring the benefits of modern technology is not enough.

We must learn ways to cope with it and use it for our good.

One way to do that is to have time set aside just for that purpose.


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This time set aside for rest or leisure is the margin in your life that allows you room to breathe and figure things out.

This ain’t rocket science.

Like we mentioned in the Introduction, “Nothing in this book is earth shattering news, but more of a personal story about what we’ve found helpful and want to share with you in the hopes it can help your life too!”.

The ideas are simple and are simply reminders.

Ever feel so exhausted that you can’t do one more thing?

Take a nap.

Can’t focus on your task at hand?

Take a walk.

Feeling sad?

Pet a puppy!

You get the idea!

The idea here is to find a way to “play” and not take life too seriously because as they say “no one gets out alive”. 😉


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There is no shortage of activities you can do by yourself for fun.

I know because I’ve done most all of them, or at least these ideas…

My go to is reading.

But drawing is fun too.

Or just thinking, if you’re into that.

The thing is that I could list off a ton more, but what is really important is for you to find out what you are into.

Like gardening, you have to dig it.

But you can’t find out what you enjoy if you don’t give things a try. Take the time to seek out new things. Learning takes time so don’t give up if you are not good at it immediately.

Ultimately, finding fun activities usually opens you up to a world of communities of people who enjoy doing the same things.

When you spend time being 100% you then you are being All Natural!


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Next week we recap and wrap things up with a few parting thoughts and a big thank you for you sticking around this long!


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine

Follow me @strangerarray and donate because life is fun!


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HODL BTC, ETH, XRP, etc.? But Need Cash Now? Get SALT!

 

 

Hope Beyond Hope

This post originally appeared on my other blog that pays me, and you if you want, to post and to comment @ https://steemit.com/@strangerarray.

 

I am always hopeful that there will be something there.


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Some people call this being optomistic.

I hope for an unexpected package on the front door step.

For a surprise letter in the mail.

For a little bit of water left in my drinking cup.

Nope… drank it all already.

But why am I so hopeful?

Ten times out of ten there is nothing ever there.

Eventually, it would be reasonable to assume that there is nothing there and to not get my hopes up.


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And don’t get me wrong. I’m not disappointed when there isn’t anything. Instead, it is the reverse. I hope well… maybe next time…

Why? Why! Why?!

I’m not entirely sure myself.

I like to view my life as an adventure. And as part of that adventure, I am imagining all the possibilities for good things to happen. I expect good things to happen.

Even when there are bad things.

But I hope against hope.

I have a fearless desire for something unexpected to happen.

Through all the ordinary and routine things in life, I am looking out for novelty.

Perhaps it’s that desire for the new that excites me.

Or maybe it is just that I want something worth writing about…

I don’t know.

The ordinary is everywhere. The extra ordinary, now that you have to search for!

You have to have eyes that see it. Ears that hear it. A mind that accepts that it could exist. A heart to long for it. In a world full of bad news and negative reviews, there must be something more…

We see the images.

We have the dreams.

We make the memories.

We hope for more.


Stay tuned.
Stay interesting.
Stay Strange.


Michael


Created by Michael Paine 

Follow me @strangerarray and donate because I have hope you will!


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If you use my Credible Referral link, you can get a special offer if you take out a loan.