Legend Ed Thorpe Interview

On a recent Chat with Traders interview somebody I have followed for years Ed Thorpe was interviewed. I highly recommend those that are into Mathematics to listen to it here.

The interview is for an upcoming book release by the famous mathematician and Beat the Dealer author. At the end of the interview he discusses his memoir and how he got started in life and into things like Blackjack, Roulette, the stock market, and the different profit centers that he found along the way. These include statistical arbitrage and a hedge fund that was chronicled in a book that I read years ago called "Quants".  He also says at the end of the interview that you can still beat 90% of the investors without doing a lot of work as the majority of people are lazy. It is however important about finding out whats really important in life. Most people in life just don't get it because some people put too much value into work and not into truly living because money truly isn't everything. People get hooked and don't stop working for money because you can never have enough and thats what drives a lot of people to pile up more and more money (not true wealth) and then wondering what it was really for? In the end if you can't go out and enjoy it why did you work so hard to obtain it?

Lesson: Don't just pile up wealth. Do something of value in life. Think about how you will be remembered.


Lyft Founders Heartfelt Message Regarding Immigration Policies

The founders of Lyft sent out this email to their members on Sunday January 29, 2017 after the new U.S. Presidents announcement on a temporary ban and restriction on immigration from "suspect" countries. There after Uber founder Travis Kalnick pledged $3 million to defend his foreign employees rights. What other CEO's have sparked your interest and inspired you to do your part in keeping our country great thanks to our ethnic diversity. What losses will our country endure from tourism and the possible loss of the next Elon Musk or Pierre Omidyar from entering the USA and starting up in a different country.

The Lyft email displayed below:

Defending Our Values
 
 
 
Hi Richart,

We created Lyft to be a model for the type of community we want our world to be: diverse, inclusive, and safe.

This weekend, Trump closed the country's borders to refugees, immigrants, and even documented residents from around the world based on their country of origin. Banning people of a particular faith or creed, race or identity, sexuality or ethnicity, from entering the U.S. is antithetical to both Lyft's and our nation's core values. We stand firmly against these actions, and will not be silent on issues that threaten the values of our community.

We know this directly impacts many of our community members, their families, and friends. We stand with you, and are donating $1,000,000 over the next four years to the ACLU to defend our constitution. We ask that you continue to be there for each other - and together, continue proving the power of community.
 
 
 
 
 
John & Logan
Lyft Co-Founders

 


Person of the Week Robert Marchand

Starting 2017 off on the right Cycle Robert Marchand has an impressive feat at 105 years old. Almost 100 years ago Robert Marchand was told by a cycling coach that he should give up as he would never amount to anything on a bicycle. Well here we are almost 100 years later and that coach long gone but Marchand in Saint-Quentine-En-Yvelines, France was the place where he just finished riding 14 miles in one hour and setting a new world record for his age! 

 He awaits a rival to compete against him and said he would have had a better time had he seen the current lap time. At the end of his 92 laps he received a standing ovation showing the world that you do things for yourself and do not worry about what the others say. Haters are always going to hate and try to stop you. Make up your own mind and do what you want to do as Robert Marchand has done.


The Hawaii' of other continents

I'm finishing up at top 50 experiences in the world to seek out and explore list. During the research and writing process I've discovered a few variations of "Hawaii" for other countries. In Europe there is a archipelago called the Azores off the coast of Portugal and only a 3.5 hour flight from the east coast 4 hours from London and 2.5 from Spain called the Azores and is known as Europes version of Hawaii. Due to it's location surrounded by water despite being so far north it never experiences drastically cold temperatures.

South Americas version is the Galapagos Islands off the coast of Equador and Africa has Madagascar. In Asia there are many places that would be considered competition to Hawaii.

Happy 2017!


Jonathan Greenblatt Kudos

Person of the week thanks to a story I just read on Business Insider is Jonathan Greenblatt. Greenblatt is the Jewish director of the Anti-Defamation League (ADL), which campaigns against anti-Semitism and other bigotry which is nice to see how passionate our country is to ensure that we stand up and fight for equality for all citizens. 

Given the history of the Jewish people and how we are educated to remember these very strong words "Never Again" it's important to protect and acknowledge others in the world regardless of their faith or background. Greenblatt said if a registration of Muslims was created that he would register himself in that database.

Thanks to the publicity regarding this subject the ADL has seen a rise in donations. If you feel strongly about fighting Bigotry and Anti-Semitism and want to bring equal justice for all then visit: The ADL's Website here

"So much to do.
  So much ADL can do.
  So much it MUST do!

 Your gift will allow us to:

  • Monitor hate groups
  • Fight bigotry in the courts
  • Pass laws that bring equal justice for all
  • Educate the next generation to reject bias and bullying"

 

 


You don’t choose your passions; your passions choose you

Jeff Bezos says it best with inspirational quotes and advice on failing and growing your failures. If you're not failing you're not trying hard enough. Come up with difficult tasks and make good and bad headlines to succeed and innovate in the world.

One reason why people don’t like failure is because it’s embarrassing, Bezos added. He described a toddler trying to put a square peg in a round hole for hours, without success. But it doesn’t keep them from trying and trying. That’s how they learn.

“We all have that when we are little, but as we get older, somehow it’s not as cool to fail,”

For the full Geekwire overview and article go here: http://www.geekwire.com/2016/amazon-founder-jeff-bezos-offers-6-leadership-principles-change-mind-lot-embrace-failure-ditch-powerpoints/


U.S. Customs and Border Protection Newest Offering

Faster Entry through the UK border

Just recently announced is something called Registered Traveler by the United Kingdom Border Force to give faster and more convenient entry into the UK for elgible nationals from the USA & Canada. Membership of Registered Traveller costs £70 in the first year and £50 per year thereafter.

Membership of Registered Traveller includes the following benefits:

Access to ePassport gates

Use of the UK / EEA queue

No requirement  to complete a landing card on arrival in the UK

No routine credibility interview with a Border Force officer.

Visitor eligibility criteria have changed and you now may apply to join if you have made at least 4 journeys to the United Kingdom in the previous two years.  Complete details of Registered Traveller eligibility and availability can be found online at www.gov.uk/registered-traveller

Registered Traveller is proving extremely popular with members and to date there have been over 275,000 crossings of the border by members with extremely positive feedback such as,

“I think it is fantastic! It has made a major difference to my experience travelling as it gives me a great deal of time back.”

“Time saving and improved experience of clearing immigration.”

You can apply for Registered Traveller online now at www.gov.uk/registered-traveller.

 

My thoughts -- Do you think the Euro Zone will eventually have the same offering?


Clinton vs Trump Debat Number 2- Wait But Why

In case you have not read the satirist but realistic version of last nights debate between Hilary Clinton and Donald J. Trump then you may want to sit down and have a read: http://waitbutwhy.com/2016/10/second-presidential-debate.html

When you are writing things as a satirist and bringing laughter to a subject like this stuff it can really put a smile on your face as the comments from the posts readers say.

Writers and journalists typically use their powers for evil and to hurt good people. It's very nice to see a positive spin on this.

What are your thoughts on the Wait But Why piece? Send me an email or comment below.

 

-Richart Ruddie