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TV Review: The Walking Dead 7.16 “The First Day Of The Rest Of Your Life” (dir by Greg Nicotero)

Through the Shattered Lens

(SPOILERS, OF COURSE)

I will be the first admit that I’ve been very critical of season 7 of The Walking Dead.  I’ve spent weeks complaining about the pace of the story and episodes that didn’t seem to go anywhere.  I have been very open about my frustration with the one-dimensional villainy of Negan and my feeling that Rick Grimes is an incredibly overrated hero.  I don’t take any of that back.

But you know what?

The seventh season finale of The Walking Dead was pretty damn good.  Don’t get me wrong.  It wasn’t great.  There were still pacing problems.  There was still way too much time spent on Negan chuckling before launching into one of his marathon monologues.  I would have preferred that, instead of ending with Negan announcing, “We are going to war!,” that the episode had ended with the war already over and Negan vanquished.

But, even…

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Limits of Machine Learning Part 2

MKTSTK

Last week’s podcast was pretty negative on the value of machine learning in trading, so this week I wanted to provide my own counterpoint and explore life within the limits I identified earlier.

Specifically, I wanted to begin mapping the things machine learning algorithms might really be great at doing in the world of trading and finance. 

This podcast is presented in a slightly different manner to the first: I have broken up the audio into four chunks. The last track is a music track I enjoy. I’ve very rarely let MKTSTK become personal in any way so I want to melt the ice a bit… if you hate the music (or the sound of my voice for that matter) just hit stop and you’re done 🙂

(here’s a link to the soundcloud page with the podcast in case it doesn’t embed in your browser/email: https://soundcloud.com/v5luxpdhaurr/sets/mktstk-session-2)

Also, in case anyone is…

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Value Investing with Legends – Lei Zhang’s (Hillhouse Capital) Lecture at Columbia Business School

Strategic Intuition

In the high flying world of investing, Lei Zhang maintains a relatively low profile. Yet since he was seeded by David Swesen of Yale Endowment with $20 million in 2005, he has achieved a ~40% compounded annual return (28x not adjusting for inflation), making him one of the best performing investment managers. To put it into perspective, Warren Buffet has achieved a compounded annual return of ~22%, albeit for the past 50 years!! Today, Lei Zhang’s Hillhouse Capital, named after a street nearby Yale where Lei received his MBA and master’s in public policy, manages ~$18 billion. Thought not just focused on tech, Lei is best known for backing several most successful Chinese internet entrepreneurs and start-ups (e.g. Tencent, JD.com). On April 29th, Lei paid a visit to the “Temple of Value Investing” Columbia Business School to share his investing and life lessons. Below are my synthesis of his wisdom:


For those who…

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The Next Television Platform, Part 1

MHALLVILLE

How you think the world of television will be transformed depends in large part on how you perceive this really great chart put together by David Pakman.

timespent2
One could look at this, as Pakman and many others do, and rightly conclude that the growing green wedge illustrating the explosion of time spent on mobile devices represents the future.

I look at this chart and see another opportunity. The largely unchanged and very large block in dark blue at the bottom — the four plus hours per day we spend watching live television — is now up for grabs. We’re at the beginning of a massive shift away from live linear television (cable & satellite) to on-demand over-the-top TV (Netflix, Amazon Instant, Hulu, HBO Go).

This shift is already well underway for some. Which age cohort is leading the switch away from linear TV to paid over-the-top video services? Millennials…

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a16z Podcast: Messaging As the Interface to, Well, Everything

SAT type exam analogy, Message App:Browser that was Browser:Internet; platform vs. portal

Andreessen Horowitz

Messaging app WeChat tells us a lot about mobile and business in China. In a recent deep-dive primer on the WeChat phenomenon, a16z partner Connie Chan analyzed WeChat and the notion of app-within-apps, payments as a gateway drug, platforms vs portals, and what happens when utility is more important than being “social”. Wired senior writer David Pierce also describes the power of conversational messaging as the main interface, further arguing that “A great messaging app could be to the web browser what the browser was to the internet before it.”

So what happens when a messaging app essentially becomes an operating system for our lives? What conditions made the mobile, business, and cultural environment in China so ripe for a phenomenon like WeChat? How does voice change everything? And, let’s face it, what are the tradeoffs users (both consumer and business) as well as developers may have to make when one app does in fact…

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Chris Sacca

The Waiter's Pad

Chris Sacca (@Sacca) joined Tim Ferriss (@TFerriss)  on The Tim Ferriss podcast to talk about investments, filters, influences and more.

Sacca is the Proprietor of Lowercase capital and has been involved in early stage investments with Twitter, Uber, Instagram and many more. His interview is good not only for the professional stories about a venture capitalist’s thought processes, but also because of Sacca’s openness about life and mistakes.

Many stories focus on the superhuman achievements and hero’s journey and we forget that life is about more than that. It’s about love, family, and whether we can make things better with what we’ve got. Let’s see how we can make things better.

How to Invest

Sacca is a venture capitalist and a pretty good one. He’s worth over a billion dollars. He’s had this sort of success because he has models for what to invest in and what…

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PayPal no longer works in Greece—and why that matters

Introducing SliceMatrix: a tool for the exploration of large matrices

MKTSTK

Screenshot from SliceMatrix Screenshot from SliceMatrix

For a lucky few MKTSTK readers, today you found a surprise in your email inbox. You see, way back in April we hinted at the forthcoming release of a software tool for visualizing large correlation matrices. We initially named it Corexplore and to gauge interest we put out some feelers in the form of a signup via our storefront. The response was pretty immediate: the idea sounded great so we thought about a time-line and got to work… As we worked we realized that this could be more general than just looking at correlation: these data visualizations would be useful in representing ANY large matrix in an intuitive way. Thus we changed the name to SliceMatrix.

Zoom forward three months later and its kind of obvious that we were WILDLY optimistic about the amount of effort it would take to even get to the Beta…

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Could This 1970s Patek Philippe Be The Inspiration For The Apple Watch?

I don’t often covet objects, in this case, it’s literally “the case” + that band, so I guess I covet the design & construction.

TechCrunch

In what could be the most interesting conspiracy theory of the morning, the folks at ABlogToWatch have found a watch that could have been the inspiration for Apple Watch. It’s a Patek Philippe Ellipse Ref. 3582 (3582G) made in the 1970s and usually sold through high end watch stores. The piece, which is amazingly rare in white gold, almost perfectly matches the case shape of the Apple Watch and the thoughtfully attached grains-of-rice band (the real name for the “Milano” strap) makes this square watch a dead ringer for a AW Steel.

Jony Ive has said that he has a predilection towards fancy watches and Patek makes the fanciest. This watch in particular is pretty hard to find and I’ve never seen it mentioned in the literature I’ve read. While it’s not unique – there are plenty like it out there these days – the detail, case shape, and even…

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When people ask to borrow money, the words they use can foretell whether they’ll pay it back