An Example of How The BlockChain will Spur Economies in Eastern Europe + other Corrupt Countries

Eastern Europe has long been a haven for organized crime and relative lawlessness, and a notoriously risky and difficult place to do business
I was in the Ukraine and can recount a young businessman describing why despite the need and overwhelming desire from the country's citizens for foreign investment, that next to none was taking place. He then explained why any company that did, would be crazy (or stupid) to do so.
"Let's say you and I wanted to start a hotel, a serious investment which takes a lot of planning, money, and a ten year forecast. So we get the financing together, we bribe all the necessary officials, we get our deed to the land, and we start work. A year later, our hotel almost done, some local "businessman" shows up with the exact same deed to the land, only it says it is from one day earlier than ours. We go to court with all our documents, evidence, and high priced lawyers, but it makes no difference, we lose the case and our investment. T…

What is The Blockchain- and How Does it Work in Simple Terms

So you've heard of Blockchain? For those unaware it's the technology underlying the cryptocurrency bitcoin, but what exactly is it, and what task does performs and frankly, why all the hype?
Blockchain Simply Explained Blockchain is a distributed ledger with transactions verifiable on thousands independent nodes. Essentially you are able to instantly check and verify claims to an asset, the chain of ownership, etc. whether that be bitcoin, a house, stocks, etc.

A Stroll through Deals Throughout History

The Old West, the year 1859: a stranger trots into town and wants to sell us his horse at a reasonable price. Claims he bought it last year in Las Vegas from Betty-Sue Wynn which activates our intuitive lie-detector, mainly because, as we point out, Las Vegas has not yet been invented.
"Sure it has, small town, no casinos there yet or nothing, you haven't heard of it."
But not wanting to get shot as a horse thief by the potential rightful owner, we declare he should …

Amazon's Valuation Showing Signs of Bubbling After the Whole Foods Acquisition

Okay, so Amazon buys a company (Whole Foods) at a decent premium to its current valuation, and their valuation goes up.
In fact, market capitalization increased by more than $30 billion on the day the Whole Foods acquisition was announced; more than double the grocery chain's price tag, largely attributed to investor enthusiasm over the deal.
That's like me, a vaunted real estate developer, paying 20% above market price for a property and investors immediately saying, "He's such a genius! We're going to pay Twice what he paid for the property."
Now, granted Amazon is obviously large, and the amount paid for Whole Foods not earth shattering in relation to its valuation, but this doesn't take  away from the fact this action in the stock is seriously Bubbly. 
There are two possibilities: all these so-called brilliant analysts completely missed this possibility and are now falling over themselves to properly valuate Amazon shares as it gobbles up Whole Foods O…

Big Data is Electric - Who Is Set to Win the Data + Cloud Wars

Previous discussions related to Big Data
Section I: what Big Data is, Who Makes Money off it, and how it Affects YOU
Section II:  Is "Data is The New Oil"
and now, the third installement:

The question paramount to investors once they understand the exponential growth and importance of Big Data: who wins?
First- Humanity Wins.
From helping make more of efficient use of natural resources, to easing the burden on healthcare resources, to, in the end, robotics and A/I which will satisfy humanity's every whim, creating a virtual utopia, before finally morphing into a sentient destructive computer-overlord.
Until then, what horses should you back in the stock market so that you're a multi-millionaire when Skynet launches the nukes. (on the off-hand chance you get to take it with you.)

To answer this I wish to make two distinctions between oft used analogy "Data is New Oil"
1. While oil has a fixed supply, data is being generated at an ever increasing rate.
2. While p…

Is Data Really the "New Oil?" (Hint: NO- here's why ...)

A good analogy bridges the gap of understanding by linking the unfamiliar with something already understood. Let's dive into- “Data is the New Oil.”
Oil's Applications over time Oil of long ago when found bubbling up on a property was considered a nuisance. Thirsty American pioneers of the early 1800's would dig wells and be disappointed when they struck oil. * Following the invention of the kerosene lamp in 1854, petroleum began to replace whale oil, creating massive protests amongst the social justice warriors of that long ago era; "The greedy oil industry is displacing all those poor whalers! The sad, helpless souls!" And then one of the whalers standing beside them would spit tobacco juice in their face. **   
But it was when petroleum began to be refined into gasoline to power the newly created internal combustion engine that oil's value to society skyrocketed.
A single barrel of oil stores the equivalent of 25,000 man-hours of power and sells on the marke…

"Big Data" - Who Makes Money off it + How does it Affect YOU?

Will data science increase operational efficiencies and create new savings, less waste, and thus greater wealth for humanity? What secrets can pouring over your data give to an organization, be they nefarious, marketers, or perhaps trying save your life?
What is Big Data?
In our everyday lives we take in and evaluate data almost unconsciously, whether it’s noting someone is consistently late and adjusting our expectations of them, to noting traffic trends and tailoring our schedule accordingly. 
“Big Data” refers to vast amounts of data recorded digitally and analyzed using vast and previously unavailable computational power to uncover trends and patterns. It is already being used in medical diagnostics, to keep physical machines running smoothly, and even to understand you as an individual. 
Examples of Big Data in Use
For each example I have put the data being used in italics. 
Video- How Big data is Revolutionizing Medicine
Medicine- After feeding a computer millions of breast tissue cell…

What Does it Take to Be in The top 1% of Global Earners?

Interesting fact: To be in the top 1% of earnings, Globally, do you know how much money you need to make?
$32,000 a year.
Thank God you were born in the West. 
Please, remember, in today's world it doesn't take 12 hours a day tilling a field to survive and live. Machines and technology have increased our productivity and yield dramatically. Say what we will about the soil and environmental degradation capitalism and the progress of civilization has wrecked upon the earth, there is no greater time to be alive than today! 
Count your blessings.