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smart creatives

How to Invest in Randomness and Optionality

December 7, 2018 Eric Lofgren 0

Think about that for a second. When there is a 90% that companies are bad, and a 90% accuracy rate being able to identify them, I still have a 50% hit rate of being right. So someone with 90% accuracy is no better than flipping a coin.

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Is science slowing down? A dissenting opinion.

December 3, 2018 Eric Lofgren 3

We are confronted with the fact that Moore’s Law has led to transistor density growing at 35% per year, creating a vast increase in the number of calculations that can be performed per second, for a constant dollar expenditure. Great! Then, we are told there are 18x more people working in transistor-related research today than in 1971.

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