Monday, October 24, 2016

Advice Measure to Better Understand Yourself

Reach more goals by measuring the things that you want to achieve. Whether its weight loss, charitable work, or in business you measure to discover and find out where and how you can improve. The more you find out the better you can begin to understand and see where you're at and from there you can improve.

When you measure you start to see what you are spending time on and if it's improving or declining. Ignore the things that don't matter. Imagine if we all measured ourselves to do at least 3 hours of charitable work a week or we measured to each give an extra $50.00 a week to a charitable cause to make the world a better place. Imagine if we did that? We would become more accountable to ourselves.

For a more in depth non TLDR version please Read James Clear's advice on Focus here.

Wednesday, October 12, 2016

Mark Zuckerberg Said it Best about Yom Kippur

"Yom Kippur, the Day of Atonement, asks us to reflect on the past year.
For those whom I have hurt, I ask forgiveness. For those whom I could have helped more, I ask for understanding. For all the ways I could have served the world better, I ask for the strength to be better this coming year.

May you all be inscribed in the book of life. May we all be better this coming year than the last."

Happy Holidays to all who celebrate. 

Monday, October 10, 2016

Google Noto - No Tofu

An amazing project from Google named Noto. The name Noto stands for No Tofu and is named as such because of those little boxes you are used to seeing on foreign language websites because your browsers can't decipher what it is.

So now after 5 years of hard work Google has launched Noto. In the video the engineers discuss the
scope of a project so big that you have to let the whole process play itself out knowing that it won't be done tomorrow or next year but years from now. A long term play to make a difference similar to Jamie Dimons vision on building sustainable banking systems in Africa that I blogged about and similar to the Chan Zuckerberg initiative to solve all current diseases in our childrens lifetime.

Languages that they had to ask for help with from internal staff was Malayalam and Telugu and Cherokee was a language that they could not find in house experts to help review the fonts for so they had to find friends of friends to solve the issues.

The idea was to have a unified set of scripts and then multiple weights (3300 characters per weight and then it grew geometrically from there). This project was a huge investment of time and was open source for all products that want to use these fonts. Currently the Sans Serif family is just now about done and the quality and design is something that was always kept in mind during the project. Nobody else has done this before with over 100 writing systems and more than 100 languages in place.

For more information check out #googlenoto or watch this Vimeo video:

Saturday, September 24, 2016

Information Asymmetry

Here's an interesting topic of discussion Information Asymmetry. This means that decisions in transactions are done on the basis of one party having more information that the other. The imbalance of knowledge and power can cause moral hazard and issues.

Where it gets interesting in my opinion is this: In trading this would be considered illegal if you had information that others did not have and you use this information for financial gain then you are committing the crime of insider trading but if you use technology and resources to do a better job of researching a subject or trade then you have gained better information than your peers despite their ability to also obtain the same information. So now becomes information asymmetry but is not illegal.

There is a lot of great information online regarding this. Starting with this from the Journal of Finance;jsessionid=16F9945F7AA85192C816EA7ED432EC50.f03t01

Wednesday, August 24, 2016

Rich Ruddie on Benjamin Dangel's Podcast

Check out my interview and podcast discussing branding and ways to improve your business online with Benjamin Dangel.

-Rich Ruddie

Monday, August 15, 2016

Topological Property

Wikipedia and James Simons give a great demonstration on this: where you can read the transcript from his interview: 

So if you watch the Ted Talk you will see a Sphere and a lattice around it. This is what was observed by Leonhard Euler the Mathematician from the 1700's. With 8 vertices, 12 edges, and six faces. If you look at the difference -- Vertices - Edges + Faces you get 2. No if you exchange that with Triangles you get 12 vertices and 30 edges and 20 faces, and 20 tiles. Vertices - Edges + Faces = 2. 

What Simons points out that I'm nerdy enough to want to write about so I can always reference this is that it doesnt change. The Euler Characteristic. This is a Topological Invariant. So no matter how you do this and how many vertices and edges are added the answer will always be the same. Pretty awesome stuff!

Another thing to note about James Simons one of the most successful traders of all time said that he hired the smartest people from science and data backgrounds and didn't do it all on his own. Definitely watch the Ted Talk.

Monday, August 8, 2016

Image of the day

So focus on the things that matter in which you can control.

Official website