The previous graphic is from McKinsey (source) and shows that traditional players in the financial industry (banks!) are aware of the threat AI poses to their business models. With the convergence of crypto and AI, the disruption is coming quickly. And companies with higher satisfaction through AI make more money! 👇 By the way, Finxter … Read more
Not financial advice – I’m not a financial advisor and I own some of the companies in this article. Can I Buy OpenAI Stock? Initially founded as a non-profit, OpenAI later created a for-profit arm to attract capital and is now structured as a capped-profit company. As of 2024, you cannot buy OpenAI stock in … Read more
“The future is already here, it’s just unevenly distributed.” — William Gibson Tesla’s humanoid bot, “Optimus“, is not a mere vision anymore. Real bots are built, doing real work. I’ve written two articles attempting to value its impact on the TSLA stock price in the long term: But to conduct a realistic valuation, we first … Read more
💡 Disclaimer: I own TSLA and this is not investment advice. Most people, when thinking about Tesla, primarily consider its car models like the Model 3, Model S, and the recently launched Cybertruck. Enthusiasts often discuss its role in promoting safe driving, the potential of its robotaxi fleet network, and the expected profits these innovations … Read more
In this article, I’ve compiled the 16 greatest quotes by Charlie Munger. I’ve consumed hundreds of hours of video material and myriads of quotes. These are the ones that I found most helpful to help Finxters stay on the right side of change. 👇 Life’s Challenges and Opportunities #1 – “Life’s Series of Opportunity Costs” … Read more
The future is bright. Yet, negativity bias is a well-documented phenomenon in cognitive science: As a result, third-party input data flowing into your brain is biased towards negativity. From LLM training, we know what happens with input data biases – they become output biases ingrained in the neural nets. But any bias is dangerous: “What gets … Read more
The traditional investment advice, as given by Jessica from DataTrek Research, may suit a cautious, long-term investor. Here’s the traditionalist’s pitch for a sound and safe investment strategy: Prioritize low-risk, diversified investments like ETFs tracking major indices, avoid speculative options and volatile cryptocurrencies, focus on steady long-term growth through dollar-cost averaging, $50 per month for … Read more
The purpose of the graph is to visually represent and compare the historical performance of Bitcoin with other major cryptocurrencies since their inception, particularly focusing on how these cryptocurrencies have performed relative to Bitcoin from the year they entered the top five in market capitalization. By adjusting the starting values of each cryptocurrency to align … Read more
This guide provides an easy-to-understand foundation for beginners and intermediate users to leverage the Yahoo Finance API with Python for financial data analysis. Yahoo Finance API offers a wealth of financial data, from stock prices and market trends to currency exchange rates. This guide will introduce you to using the Yahoo Finance API yahoo_fin with … Read more
In tech disruptions, the real game-changer isn’t always the invention itself but how it’s used. Take Uber and Airbnb, for example. These aren’t just apps; they’re entire ecosystems that reshaped how we travel and stay, built upon the foundational platform of Apple’s App Store. Now, we’re at the brink of a similar revolution, this time … Read more
Tech Stack: I created this article using the following steps: Listen to the debate in audio: 🎼 Bitcoin is hailed as a modern innovation in value storage, limited to 21 million coins, which echoes gold’s scarcity without the risk of supply increase. Its divisibility and portability surpass that of gold, enabling easier and faster transactions … Read more
My goal with Finxter is to help you stay on the right side of change. I firmly believe that in the next decades, you need to be an asset holder and owner rather than just being a worker bee being increasingly replaced by automation. But what investments to hold to be on the right side … Read more