#Agriculture Technology-as-a-Service Market Growth
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Global Research Analysis on "Agriculture Technology-as-a-Service Market" (2022-2027) | BIS Research
The agricultural landscape is undergoing a profound transformation, propelled by the integration of cutting-edge technologies. In this era of digitalization, Agriculture Technology-as-a-Service (ATaaS) has emerged as a revolutionary paradigm, redefining how farmers access and implement advanced technologies.
Let’s delve into the dynamic world of the Agriculture Technology-as-a-Service Market, exploring its key components, benefits, and the transformative impact on modern farming.
ATaaS: A New Dawn in Agriculture Sector
Agriculture Technology-as-a-Service represents a departure from traditional ownership models, offering farmers access to a suite of advanced technologies without the burden of high upfront costs. This subscription-based approach allows farmers to leverage state-of-the-art solutions, making precision agriculture more accessible and sustainable.
The Global Agriculture Technology-as-a-Service Market was valued at $1,606.9 million in 2022 and is expected to reach $3,438.6 million in 2027, with a CAGR of 16.43% during 2022-2027. The growth in the global agriculture technology-as-a-service market is expected to be driven by growing demand for precision agriculture solutions from small-scale farmers.
Key Components of Agriculture Technology as a Service Market
Precision Farming Solutions:
ATaaS provides access to precision farming technologies, including GPS-guided machinery, drones, and advanced sensors.
Precision agriculture enhances efficiency by optimizing resource usage, reducing waste, and improving overall farm productivity.
Data Analytics and Decision Support:
ATaaS integrates data analytics tools that provide farmers with actionable insights.
Decision support systems analyze vast datasets, offering guidance on crop management, irrigation, and pest control.
Remote Sensing Technologies:
Satellite imagery, drones, and other remote sensing technologies are integral to ATaaS.
Real-time monitoring of crops, soil conditions, and weather patterns empowers farmers to make informed decisions for timely interventions.
Request a Free Detailed Sample on Agriculture Technology-as-a-Service Market Research!
Benefits of Driving Adoption in the Industry
Cost-Efficiency:
ATaaS eliminates the need for significant upfront investments in technology.
Farmers can access cutting-edge solutions through a subscription model, reducing financial barriers to adopting advanced agricultural technologies.
Accessibility to Small Farmers:
Small and medium-sized farmers benefit from ATaaS, as it provides access to technologies that may have been financially out of reach.
This inclusivity fosters a more equitable distribution of technological advancements across the agricultural sector.
Flexibility and Scalability:
ATaaS offers flexibility in choosing services based on specific needs.
Farmers can scale their usage up or down, adapting to changing seasonal requirements and optimizing costs.
Challenges and Solutions
Data Security and Privacy:
The reliance on data-driven technologies in ATaaS raises concerns about data security and privacy.
Implementing robust cybersecurity measures and ensuring transparent data handling practices are essential to address these challenges.
Technological Literacy:
Farmers need to be technologically literate to fully harness the benefits of ATaaS.
Education and training programs play a crucial role in bridging the technological literacy gap and maximizing the impact of these services.
Future Outlook and Opportunities
The future of the Agriculture Technology-as-a-Service Market holds exciting possibilities. As advancements in technology continue, ATaaS is expected to play a pivotal role in shaping the next era of smart, sustainable, and efficient agriculture.
Conclusion
The Agriculture Technology-as-a-Service Industry signifies a shift towards a more inclusive and technologically empowered agricultural sector. As farmers embrace this subscription-based model, the synergy between accessible technology and modern farming practices promises a future where innovation and sustainability go hand in hand, transforming fields across the globe.
#Agriculture Technology-as-a-Service Market#Agriculture Technology-as-a-Service Report#Agriculture Technology-as-a-Service Industry#Agriculture Technology-as-a-Service Industry Analysis#Agriculture Technology-as-a-Service Market Growth#Agriculture Technology-as-a-Service Market Size#BIS Research#Agriculture
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According to the MarkNtel Advisors' research report, "Global Agriculture Technology as a Service Market Analysis, 2021," the market is likely to grow at a CAGR of around 22.9% during 2021-26 due to the high market growth owing to the driving need to adapt agriculture technologies across various end-user industries. ATaaS (Agriculture Technology as a Service) involves lower costs and features integration, scalability, and accessibility, thereby contributing to the market growth. Moreover, other crucial factors like consumer recognition and capital expenditure in operations shall further propel the need for ATaaS in the coming years.
#Agriculture Technology as a Service Market#Agriculture Technology as a Service Market growth#Agriculture Technology as a Service Market industry
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★ what are you known for? - midheaven ★
★ aries midheaven ★ to gain recognition, individuals with aries in the 10th house must put in hard work, taking initiative and being unafraid to stand alone when necessary. their success often comes from their willingness to take risks and be the first to act, whether in starting a business, leading a project, or entering competitive fields like sports, military, or entrepreneurship. they build their reputation by consistently showing their courage and determination, often taking on leadership roles early and demonstrating their ability to manage high-pressure situations. they may face challenges such as impatience or aggressive competition, so they must learn to temper their impulsive tendencies with strategic planning and patience, ensuring that their bold moves lead to sustainable success.
★ taurus midheaven ★ to become known in their field, taurus midheaven individuals rely on their perseverance and methodical approach, often building their careers slowly over time through consistent and steady work. they focus on developing expertise in practical fields like finance, real estate, agriculture, or luxury goods, where they can see tangible results from their efforts. they often gain recognition by proving their reliability and by being the person others can depend on for stability and sound judgment. these individuals often start from the ground up, gradually establishing a solid reputation through hands-on experience, meticulous planning, and a commitment to quality. however, they need to be open to occasional change and innovation, as their preference for stability may sometimes limit their opportunities for growth.
★ gemini midheaven ★ individuals with gemini in the 10th house become known for their versatility and communication skills, but this requires building a network and proving their adaptability across various roles. they often have to work their way up by seizing opportunities in fields like journalism, marketing, education, or technology, where they can showcase their intellectual agility. to establish themselves, they engage in continuous learning, often acquiring multiple skills and taking on diverse projects or positions to build a well-rounded portfolio. they gain recognition by demonstrating their ability to think on their feet and effectively connect with others, but they must work on maintaining consistency and focus, as their tendency to shift interests can hinder long-term achievements unless they find a way to integrate their varied passions.
★ cancer midheaven ★ those with cancer in the 10th house gain recognition by building deep, supportive relationships and demonstrating their commitment to caring for others, whether in healthcare, hospitality, social work, or family-run businesses. they put in years of dedicated service, often starting in entry-level or hands-on positions to build empathy and expertise from the ground up. they work to create a nurturing, emotionally supportive environment in their professional sphere, becoming trusted figures who are known for their compassion and ability to connect deeply with clients or colleagues. the challenge for them is to maintain professional boundaries and ensure that their work doesn’t become overly personal, as they risk burnout if they become too emotionally invested without managing their energy effectively.
★ leo midheaven ★ for leo in the 10th house individuals, gaining recognition involves harnessing their natural charisma and creativity, often through careers that put them in the public eye, such as entertainment, politics, or leadership. they typically start by showcasing their talents, whether through performances, public speaking, or creative projects, and invest time in building a strong, noticeable public presence. they must work hard to build their brand, often taking bold risks and embracing opportunities for visibility. over time, they earn their status by consistently delivering high-quality work and inspiring others with their confidence and passion. however, they must be careful to balance their need for recognition with genuine contribution, ensuring that their pursuit of the spotlight is accompanied by hard work and substance rather than just the desire for fame.
★ virgo midheaven ★ virgo in the 10th house individuals gain recognition through precision, efficiency, and a meticulous approach to their career. they often begin in roles that allow them to develop specialized skills, such as healthcare, research, or administration, where attention to detail and problem-solving are critical. they build their reputation by consistently delivering accurate, high-quality results and improving systems or processes within their workplace. their path to success involves continuous learning, self-improvement, and taking on increasingly complex tasks that demonstrate their reliability and expertise. however, to rise to higher levels, they must overcome their tendency toward perfectionism and learn to delegate and trust others, avoiding burnout and overwork by finding a balance between their standards and practical realities.
★ libra midheaven ★ individuals with libra on the midheaven become known for their diplomacy, social skills, and ability to create harmony in professional settings. they often work in fields like law, public relations, design, or diplomacy, where they can showcase their talents in negotiation, aesthetics, and partnership building. to rise to prominence, they must put in the effort to develop relationships and build networks, positioning themselves as valuable connectors and mediators. they work to refine their image and approach, cultivating a professional reputation based on grace and fairness. however, to gain greater recognition, they must overcome indecisiveness and learn to make firm decisions, as their tendency to seek balance and please others can sometimes prevent them from taking decisive action when needed.
★ scorpio midheaven ★ scorpio in the 10th house individuals gain recognition through their intensity, resilience, and ability to transform challenging situations into opportunities for growth. they often begin their careers in investigative fields, psychology, finance, or crisis management, where they can delve deep into complex issues and emerge as experts. they put in the effort by embracing difficult, high-stakes roles that test their strategic thinking and emotional strength, building a reputation as powerful and capable of handling adversity. to achieve success, they must master their own tendencies toward secrecy and control, learning to collaborate and trust others while maintaining their authority. their career growth often comes from their ability to face and transform professional crises, turning obstacles into stepping stones for advancement.
★ sagittarius midheaven ★ sagittarius midheaven individuals gain recognition through their openness, optimism, and thirst for exploration. they often pursue careers related to travel, education, international relations, or publishing, starting out by seeking experiences that broaden their perspectives and expand their skills. they put in the work by immersing themselves in diverse cultures, learning new languages, or gaining knowledge that they later share through teaching or writing. to build their reputation, they must demonstrate their ability to adapt and thrive in different environments, often positioning themselves as experts on global or philosophical topics. however, to achieve long-term success, they must learn to focus their energy and commit to a specific path, as their restless nature may lead to frequent changes or an inability to settle into a stable career.
★ capricorn midheaven ★ capricorn in the 10th house individuals achieve recognition through hard work, discipline, and a strategic approach to career advancement. they often begin their professional lives by taking on structured, entry-level roles in fields like business, law, or government, where they can gradually climb the corporate ladder. they dedicate themselves to long-term planning, setting clear goals, and steadily building their reputation as reliable and competent professionals. their success comes from their willingness to take on responsibility and prove their leadership abilities, often working long hours and taking calculated risks to achieve their objectives. however, they must learn to balance their ambition with personal life, as their intense focus on career achievement may lead to burnout or neglect of other important areas of life.
★ aquarius midheaven ★ individuals with aquarius in the 10th house gain recognition through innovation, independence, and a focus on social change. they often begin in unconventional fields such as technology, science, activism, or social reform, where they can use their forward-thinking ideas to make an impact. they work to build their reputation by pushing boundaries, questioning established norms, and embracing new technologies or methods. to become known, they must network with like-minded individuals and become active in communities or movements that align with their values. however, to achieve greater success, they need to learn how to balance their need for freedom with the demands of professional environments, ensuring that their innovative ideas are effectively communicated and accepted within their field.
★ pisces midheaven ★ pisces midheaven individuals gain recognition through their creativity, empathy, and spiritual insight. they often pursue careers in the arts, healing professions, social work, or spiritual practices, where they can channel their sensitivity and imagination into their work. they must work hard to develop their talents, often starting with personal projects, artistic expressions, or voluntary service that allows them to gain experience and build their portfolio. they become known for their compassionate approach and the emotional depth they bring to their roles, often earning a reputation as intuitive and inspiring professionals. however, they may struggle with the practical aspects of professional life, requiring them to establish structure and boundaries to ensure that their idealistic pursuits are sustainable and not draining their energy or resources.
#astrology#astrology observations#astro observations#astrology aspects#10th house#astrology 10th house#midheaven#astrology midheaven
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Career Reading
Placements to look at for your ideal career:
2nd house-how you make money
6th house-daily routine and work
10th house-career and public image
MC- career point.
11th house-social networks, long-term goals, opportunities for advancement (2nd from MC, so it shows the income from the career)
North Node - your life purpose and direction ; what you are meant to move towards in this lifetime
Part of Fortune - Where you find joy and success in this life, linked to both material and spiritual fulfillment
Vertex - represents fated encounters in your life. Where and how your destiny unfolds/ your turning point in life (not normally linked to career, but I think it can show what leads you to your true calling in this life especially if yours is in one of the money or career houses)
Saturn- rules discipline, structure, and long-term achievement, where you need to put in consistent effort to achieve success. Indicates your approach to responsibility in your career
Sun- core identity and life purpose, where you shine the most
Jupiter- expansion luck and growth. It shows your opportunities for success
Venus - where you can use your artistic abilities and social charm. It can also be how you attract money and resources
Signs and Career
Aries
• Career style: Assertive, pioneering, energetic, independent.
• Fields: Leadership roles, entrepreneurship, sports, military, anything involving action or competition.
• Drive: You take initiative and thrive in dynamic, fast-paced environments where you can be first.
Taurus
• Career style: Steady, practical, patient, and value-oriented.
• Fields: Finance, banking, agriculture, real estate, art, luxury goods, anything involving material wealth or beauty.
• Drive: Security, stability, and a focus on building long-term wealth. Aesthetic and sensory satisfaction are important.
Gemini
• Career style: Communicative, versatile, adaptable, intellectual.
• Fields: Journalism, writing, teaching, marketing, sales, technology, anything that involves communication or travel.
• Drive: Curiosity and intellectual stimulation. You thrive in dynamic, social environments where you can multitask.
Cancer
• Career style: Nurturing, protective, intuitive, emotionally driven.
• Fields: Healthcare, caregiving, real estate, hospitality, education, psychology, anything that involves caring for others.
• Drive: Emotional security and a need to create a safe, supportive environment. You work best when you feel connected to your work on an emotional level.
Leo
• Career style: Charismatic, creative, confident, leadership-focused.
• Fields: Entertainment, arts, fashion, politics, sports, anything involving self-expression and performance.
• Drive: Recognition, fame, and the desire to shine. You excel in careers where you can showcase your talents and leadership.
Virgo
• Career style: Detail-oriented, analytical, service-minded, organized.
• Fields: Healthcare, administration, research, editing, writing, data analysis, anything involving precision and service.
• Drive: Efficiency and perfection. You aim to serve others by improving systems or contributing to something meaningful.
Libra
• Career style: Diplomatic, collaborative, partnership-oriented, aesthetically inclined.
• Fields: Law, diplomacy, art, design, beauty, fashion, anything involving partnership or justice.
• Drive: Harmony and balance in professional relationships. You thrive in roles where teamwork, fairness, and aesthetics are valued.
Scorpio
• Career style: Intense, transformative, secretive, powerful.
• Fields: Psychology, research, finance (especially investments, taxes, inheritance), surgery, anything involving transformation or mystery.
• Drive: Power and control. You are drawn to careers that allow you to dig deep and uncover hidden truths or manage shared resources.
Sagittarius
• Career style: Adventurous, philosophical, expansive, freedom-loving.
• Fields: Education, travel, law, publishing, international business, anything that involves exploration and knowledge-sharing.
• Drive: Freedom and expansion. You seek opportunities that allow you to learn, grow, and explore new horizons.
Capricorn
• Career style: Ambitious, disciplined, authoritative, responsible.
• Fields: Business, politics, government, finance, engineering, management, anything that involves structure, authority, and long-term goals.
• Drive: Success and achievement. You are career-focused and work tirelessly toward building a solid reputation and legacy.
Aquarius
• Career style: Innovative, humanitarian, unconventional, forward-thinking.
• Fields: Technology, science, social reform, innovation, group work, anything involving progressive change or social impact.
• Drive: Making a difference and creating a better future. You work best in collaborative or unconventional environments that allow for innovation.
Pisces
• Career style: Compassionate, imaginative, spiritual, idealistic.
• Fields: Art, music, healing, psychology, spirituality, charity work, anything that involves creativity, intuition, or service to others.
• Drive: Helping others and finding deeper meaning. You’re drawn to careers where you can use your empathy and creativity to make a positive impact.
Houses and Career Focus
1st House (Self-Identity, Public Persona)
You identify closely with your career. You're meant for careers where you're the leader or face of whatever you do, you're meant to be in the public eye somehow.
2nd House (Money, Resources, Values)
Financial stability and security is what drives you in your career. You would do good in careers related to banking and finance or sales (more like selling luxury goods or real estate)
3rd House (Communication, Learning, Siblings)
Communication, education, and travel. Or working in media. Teaching, writing, or sales/ anything that involves exchanges of info
4th House (Home, Family, Roots)
Home design, family business, real estate. Care giving or working from home. Emotional fulfillment through your career
5th House (Creativity, Pleasure, Children)
Creative fields, working with children. Career allows for self-expression. performance or leadership roles
6th House (Work Environment, Health, Service)
Service industry, Healthcare (especially if you have heavy virgo/pisces or 6th/12th placements), administration, work that requires tedious precision and detail
7th House (Partnerships, Marriage)
Collaboration, requires partnerships in career. Law, any counseling/consulting work, diplomat
8th House (Shared Resources, Transformation)
Finance (other peoples money like taxes, inheritance, etc), psychology, research/investigation
9th House (Philosophy, Travel, Higher Education)
Higher education, travel, law, publishing, career could be linked to foreign lands, (travel vlogger, professor, resort owner?)
10th House (Career, Reputation, Public Life)
Leadership, recognition, achieving goals, public image and success are emphasized
11th House (Community, Goals, Social Networks)
Community service/humanitarian work, technology, collective work
12th House (Spirituality, Solitude, Healing)
Healing, spirituality, charity work, hospitals, or creative/behind the scenes work like set design, director etc
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Trade in the Roman World
Regional, inter-regional and international trade was a common feature of the Roman world. A mix of state control and a free market approach ensured goods produced in one location could be exported far and wide. Cereals, wine and olive oil, in particular, were exported in huge quantities whilst in the other direction came significant imports of precious metals, marble, and spices.
Factors Driving Trade
Generally speaking, as with earlier and contemporary civilizations, the Romans gradually developed a more sophisticated economy following the creation of an agricultural surplus, population movement and urban growth, territorial expansion, technology innovation, taxation, the spread of coinage, and not insignificantly, the need to feed the great city of Rome itself and supply its huge army wherever it might be on campaign.
The economy in the Roman world displayed features of both underdevelopment and high achievement. Elements of the former, some historians have argued (notably M.I.Finley), are:
an over-dependence on agriculture
a slow diffusion of technology
the high level of local town consumption rather than regional trade
a low level of investment in industry.
However, there is also evidence that from the 2nd century BCE to the 2nd century CE there was a significant rise in the proportion of workers involved in the production and services industries and greater trade between regions in essential commodities and manufactured goods. In the later empire period, although trade in the east increased - stimulated by the founding of Constantinople - trade in the western empire declined.
The Roman attitude to trade was somewhat negative, at least from the higher classes. Land ownership and agriculture were highly regarded as a source of wealth and status but commerce and manufacturing were seen as a less noble pursuit for the well-off. However, those rich enough to invest often overcame their scruples and employed slaves, freedmen, and agents (negotiatores) to manage their business affairs and reap the often vast rewards of commercial activity.
Continue reading...
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With the exceptions of North Korea and Cuba, the communist world has merged onto the capitalist highway in a couple different ways during the twenty-first century. As you’ve read, free-trade imperialism and its cheap agricultural imports pushed farmers into the cities and into factory work, lowering the global price of manufacturing labor and glutting the world market with stuff. Forward-thinking states such as China and Vietnam invested in high-value-added production capacity and managed labor organizing, luring links from the global electronics supply chain and jump-starting capital investment. Combined with capital’s hesitancy to invest in North Atlantic production facilities, as well as a disinclination toward state-led investment in the region, Asian top-down planning erased much of the West’s technological edge. If two workers can do a single job, and one worker costs less, both in wages and state support, why pick the expensive one? Foxconn’s 2017 plan to build a U.S. taxpayer–subsidized $10 billion flat-panel display factory in Wisconsin was trumpeted by the president, but it was a fiasco that produced zero screens. The future cost of labor looks to be capped somewhere below the wage levels many people have enjoyed, and not just in the West.
The left-wing economist Joan Robinson used to tell a joke about poverty and investment, something to the effect of: The only thing worse than being exploited by capitalists is not being exploited by capitalists. It’s a cruel truism about the unipolar world, but shouldn’t second place count for something? When the Soviet project came to an end, in the early 1990s, the country had completed world history’s biggest, fastest modernization project, and that didn’t just disappear. Recall that Cisco was hyped to announce its buyout of the Evil Empire’s supercomputer team. Why wasn’t capitalist Russia able to, well, capitalize? You’re already familiar with one of the reasons: The United States absorbed a lot of human capital originally financed by the Soviet people. American immigration policy was based on draining technical talent in particular from the Second World. Sergey Brin is the best-known person in the Moscow-to-Palo-Alto pipeline, but he’s not the only one.
Look at the economic composition of China and Russia in the wake of Soviet dissolution: Both were headed toward capitalist social relations, but they took two different routes. The Russian transition happened rapidly. The state sold off public assets right away, and the natural monopolies such as telecommunications and energy were divided among a small number of skilled and connected businessmen, a category of guys lacking in a country that frowned on such characters but that grew in Gorbachev’s liberalizing perestroika era. Within five years, the country sold off an incredible 35 percent of its national wealth. Russia’s richest ended the century with a full counterrevolutionary reversal of their fortunes, propelling their income share above what it was before the Bolsheviks took over. To accomplish this, the country’s new capitalists fleeced the most vulnerable half of their society. “Over the 1989–2016 period, the top 1 percent captured more than two-thirds of the total growth in Russia,” found an international group of scholars, “while the bottom 50 percent actually saw a decline in its income.” Increases in energy prices encouraged the growth of an extractionist petro-centered economy. Blood-covered, teary, and writhing, infant Russian capital crowded into the gas and oil sectors. The small circle of oligarchs privatized unemployed KGB-trained killers to run “security,” and gangsters dominated politics at the local and national levels. They installed a not particularly well-known functionary—a former head of the new intelligence service FSB who also worked on the privatization of government assets—as president in a surprise move on the first day of the year 2000. He became the gangster in chief.
Vladimir Putin’s first term coincided with the energy boom, and billionaires gobbled up a ludicrous share of growth. If any individual oligarch got too big for his britches, Putin was not beyond imposing serious consequences. He reinserted the state into the natural monopolies, this time in collaboration with loyal capitalists, and his stranglehold on power remains tight for now, despite the outstandingly uneven distribution of growth. Between 1980 and 2015, the Russian top 1 percent grew its income an impressive 6.2 percent per year, but the top .001 percent has maintained a growth rate of 17 percent over the same period. To invest these profits, the Russian billionaires parked their money in real estate, bidding up housing prices, and stashed a large amount of their wealth offshore. Reinvestment in Russian production was not a priority—why go through the hassle when there were easier ways to keep getting richer?
While Russia grew billionaires instead of output, China saw a path to have both. As in the case of Terry Gou, the Chinese Communist Party tempered its transition by incorporating steadily increasing amounts of foreign direct investment through Hong Kong and Taiwan, picking partners and expanding outward from the special economic zones. State support for education and infrastructure combined with low wages to make the mainland too attractive to resist. (Russia’s population is stagnant, while China’s has grown quickly.) China’s entry into the World Trade Organization, in 2001, gave investors more confidence. Meanwhile, strong capital controls kept the country out of the offshore trap, and state development priorities took precedence over extraction and get-rich-quick schemes. Chinese private wealth was rechanneled into domestic financial assets—equity and bonds or other loan instruments—at a much higher rate than it was in Russia. The result has been a sustained high level of annual output growth compared to the rest of the world, the type that involves putting up an iPhone City in a matter of months. As it has everywhere else, that growth has been skewed: only an average of 4.5 percent for the bottom half of earners in the 1978–2015 period compared to more than 10 percent for the top .001 percent. But this ratio of just over 2–1 is incomparable to Russia’s 17–.5 ration during the same period.
Since the beginning of the twenty-first century, certain trends have been more or less unavoidable. The rich have gotten richer relative to the poor and working class—in Russia, in China, in the United States, and pretty much anywhere else you want to look. Capital has piled into property markets, driving up the cost of housing everywhere people want to live, especially in higher-wage cities and especially in the world’s financial centers. Capitalist and communist countries alike have disgorged public assets into private pockets. But by maintaining a level of control over the process and slowing its tendencies, the People’s Republic of China has built a massive and expanding postindustrial manufacturing base.
It’s important to understand both of these patterns as part of the same global system rather than as two opposed regimes. One might imagine, based on what I’ve written so far, that the Chinese model is useful, albeit perhaps threatening, in the long term for American tech companies while the Russian model is irrelevant. Some commentators have phrased this as the dilemma of middle-wage countries on the global market: Wages in China are going to be higher than wages in Russia because wages in Russia used to be higher than wages in China. But Russia’s counterrevolutionary hyper-bifurcation has been useful for Silicon Valley as well; they are two sides of the same coin. Think about it this way: If you’re a Russian billionaire in the first decades of the twenty-first century looking to invest a bunch of money you pulled out of the ground, where’s the best place you could put it? The answer is Palo Alto.
Malcolm Harris, Palo Alto
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E.5 Can ethical consumerism stop the ecological crisis?
No. At best, it can have a limited impact in reducing environmental degradation and so postpone the ecological crisis. At worse, it could accelerate that crisis by creating new markets and thus increasing growth.
Before discussing why and just so there is no misunderstanding, we must stress that anarchists fully recognise that using recycled or renewable raw materials, reducing consumption and buying “ecologically friendly” products and technologies are very important. As such, we would be the last to denounce such a thing. But such measures are of very limited use as solutions to the ecological problems we face. At best they can only delay, not prevent, capitalism’s ultimate destruction of the planet’s ecological base.
Green consumerism is often the only thing capitalism has to offer in the face of mounting ecological destruction. Usually it boils down to nothing more than slick advertising campaigns by big corporate polluters to hype band-aid measures such as using a few recycled materials or contributing money to a wildlife fund, which are showcased as “concern for the environment” while off camera the pollution and devouring of non-renewable resources goes on. They also engage in “greenwashing”, in which companies lavishly fund PR campaigns to paint themselves “green” without altering their current polluting practices!
This means that apparently “green” companies and products actually are not. Many firms hire expensive Public Relations firms and produce advertisements to paint a false image of themselves as being ecologically friendly (i.e. perform “greenwashing”). This indicates a weakness of market economies — they hinder (even distort) the flow of information required for consumers to make informed decisions. The market does not provide enough information for consumers to determine whether a product is actually green or not — it just gives them a price supplemented by (often deliberately misleading) advertising designed to manipulate the consumer and present an appropriate corporate image. Consumers have to rely on other sources, many of which are minority journals and organisations and so difficult to find, to provide them with the accurate information required to countermand the power and persuasion of advertising and the work of PR experts. This helps explain why, for example, “large agribusiness firms are now attempting, like Soviet commissars, to stifle criticism of their policies” by means of “veggie libel laws.” These laws, which in 2001 had been passed in 13 American states (“backed by agribusiness”) “make it illegal to criticise agricultural commodities in a manner inconsistent with ‘reasonable’ scientific evidence. The whole concept of ‘veggie libel’ laws is probably unconstitutional; nevertheless, these laws remain on the books.” [Eric Schlosser, Fast Food Nation, p. 266]
We should not discount the impact of PR experts in shaping the way people see the world or decide to consume. A lot of resources are poured into corporate Public Relations in order to present a green image. ���In the perverse world of corporate public relations,” note critics John Stauber and Sheldon Rampton, “propagandising and lobbying against environmental protection is called ‘environmental’ or ‘green’ PR. ‘Greenwashing’ is a more accurate pejorative now commonly used to describe the ways that polluters employ deceptive PR to falsely paint themselves an environmentally responsible public image … Today a virulent, pro-industry, anti-environmentalism is on the rise … PR experts … are waging and winning a war against environmentalists on behalf of corporate clients in the chemical, energy, food, automobile, forestry and mining industries.” A significant amount of cash is spent (an estimated $1 billion a year by the mid-1990s) “on the services of anti-environmental PR professionals and on ‘greenwashing’ their corporate image.” [Toxic Sludge is Good for You!, p. 125] See the chapter called “Silencing Spring” in Stauber’s and Rampton’s book Toxic Sludge is Good for You! for a good summary of this use of PR firms.
Even apparently ecologically friendly firms like “The Body Shop” can present a false image of what they do. For example, journalist Jon Entine investigated that company in 1994 and discovered that only a minuscule fraction of its ingredients came from Trade Not Aid (a program claimed to aid developing countries). Entine also discovered that the company also used many outdated, off-the-shelf product formulas filled with non-renewable petrochemicals as well as animal tested ingredients. When Entine contacted the company he received libel threats and it hired a PR company to combat his story. [Stauber and Rampton, Op. Cit., pp. 74–5] This highlights the dangers of looking to consumerism to solve ecological problems. As Entine argued:
“The Body Shop is a corporation with the privileges and power in society as all others. Like other corporations it makes products that are unsustainable, encourages consumerism, uses non-renewable materials, hires giant PR and law firms, and exaggerates its environment policies. If we are to become a sustainable society, it is crucial that we have institutions … that are truly sustainable. The Body Shop has deceived the public by trying to make us think that they are a lot further down the road to sustainability than they really are. We should … no longer … lionise the Body Shop and others who claim to be something they are not.” [quoted by Stauber and Rampton, Op. Cit., p. 76]
Even ignoring the distorting influence of advertising and corporate-paid PR, the fundamental issue remains of whether consumerism can actually fundamentally influence how business works. One environmental journalist puts the arguments well in his excellent book on “Fast Food” (from the industrialisation of farming, to the monopolisation of food processing, to the standardisation of food consumption it). As he puts corporations will “sell free-range, organic, grass-fed hamburgers if you demand it. They will sell whatever sells at a profit.” [Eric Schlosser, Op. Cit., p. 269] He complements this position by suggesting various regulations and some role for trade unions.
Which, of course, is true. It is equally true that we are not forced to buy any specific product, which is why companies spend so much in convincing us to buy their products. Yet even ignoring the influence of advertising, it is unlikely that using the market will make capitalism nicer. Sadly, the market rewards the anti-social activities that Schlosser and other environmentalists chronicle. As he himself notes, the “low price of a fast food hamburger does not reflect its real cost … The profits of the fast food chains have been made possible by the losses imposed on the rest of society.” [Op. Cit., p. 261] This means that the idea that by using the market we can “reform” capitalism is flawed simply because even “good” companies have to make a profit and so will be tempted to cut costs, inflict them on third parties (such as workers, consumers and the planet). The most obvious form of such externalities is pollution. Such anti-social and anti-ecological behaviour makes perfect business sense as prices fall when costs are passed on to others in the form of externalities. Thus firms which employ debt-slaves in sweatshops while polluting the atmosphere in a third-world dictatorship will have lower costs and so prices than those employing unionised workers under eco-friendly regulations.
The amazing thing is that being concerned about such issues is considered as a flaw in economics. In fact, seeking the lowest price and ignoring the social and ecological impact of a product is “considered virtuousness” by the market and by economists for, as green economist E. F. Schumacher, pointed out ”[i]f a buyer refused a good bargain because he suspected that the cheapness of the goods in question stemmed from exploitation or other despicable practices (except theft), he would be open to criticism of behaving ‘uneconomically’ which is viewed as nothing less than a fall from grace. Economists and others are wont to treat such eccentric behaviour with derision if not indignation. The religion of economics has its own code of ethics, and the First Commandment is to behave ‘economically.’” [Small is Beautiful, p. 30] And, of course, such a consumer would face numerous competitors who will happily take advantage of such activities.
Then there is the issue of how the market system hides much more information than it gives (a factor we will return to in section I.1.2). Under the price system, customers have no way of knowing the ecological (or social) impact of the products they buy. All they have is a price and that simply does not indicate how the product was produced and what costs were internalised in the final price and which were externalised. Such information, unsurprisingly, is usually supplied outside the market by ecological activists, unions, customer groups and so on. Then there is the misinformation provided by the companies themselves in their adverts and PR campaigns. The skilfully created media images of advertising can easily swamp the efforts of these voluntary groups to inform the public of the facts of the social and environmental costs of certain products. Besides, any company has the threat of court action to silence their critics as the cost in money, resources, energy and time to fight for free speech in court is an effective means to keep the public ignorant about the dark side of capitalism.
This works the other way too. Simply put, a company has no idea whether you not buying a product is based on ethical consumption decisions or whether it is due to simple dislike of the product. Unless there is an organised consumer boycott, i.e. a collective campaign, then the company really has no idea that it is being penalised for its anti-ecological and/or anti-social actions. Equally, corporations are so interlinked that it can make boycotts ineffective. For example, unless you happened to read the business section on the day McDonalds bought a sizeable share in Pret-a-Manger you would have no idea that going there instead of McDonalds would be swelling the formers profits.
Ultimately, the price mechanism does not provide enough information for the customer to make an informed decision about the impact of their purchase and, by reducing prices, actively rewards the behaviour Schlosser condemns. After all, what is now “organic” production was just the normal means of doing it. The pressures of the market, the price mechanism so often suggested as a tool for change, ensured the industrialisation of farming which so many now rightly condemn. By reducing costs, market demand increased for the cheaper products and these drove the other, more ecologically and socially sound, practices out of business.
Which feeds into the issue of effective demand and income limitations. The most obvious problem is that the market is not a consumer democracy as some people have more votes than others (in fact, the world’s richest people have more “votes” than the poorest billions, combined!). Those with the most “votes” (i.e. money) will hardly be interested in changing the economic system which placed them in that position. Similarly, those with the least “votes” will be more willing to buy ecologically destructive products simply to make ends meet rather than any real desire to do so. In addition, one individual’s decision not to buy something will easily be swamped by others seeking the best deal, i.e. the lowest prices, due to economic necessity or ignorance. Money (quantity) counts in the market, not values (quality).
Then there is the matter of sourcing of secondary products. After all, most products we consume are made up of a multitude of other goods and it is difficult, if not impossible, to know where these component parts come from. Thus we have no real way of knowing whether your latest computer has parts produced in sweatshops in third-world countries nor would a decision not to buy it be communicated that far back down the market chain (in fact, the company would not even know that you were even thinking about buying a product unless you used non-market means to inform them and then they may simply dismiss an individual as a crank).
So the notion that consumerism can be turned to pressurising companies is deeply flawed. This is not to suggest that we become unconcerned about how we spend our money. Far from it. Buying greener products rather than the standard one does have an impact. It just means being aware of the limitations of green consumerism, particularly as a means of changing the world. Rather, we must look to changing how goods are produced. This applies, of course, to shareholder democracy as well. Buying shares in a firm rarely results in an majority at the annual meetings nor, even if it did, does it allow an effective say in the day-to-day decisions management makes.
Thus green consumerism is hindered by the nature of the market — how the market reduces everything to price and so hides the information required to make truly informed decisions on what to consume. Moreover, it is capable of being used to further ecological damage by the use of PR to paint a false picture of the companies and their environmental activities. In this way, the general public think things are improving while the underlying problems remain (and, perhaps, get worse). Even assuming companies are honest and do minimise their environmental damage they cannot face the fundamental cause of the ecological crisis in the “grow-or-die” principle of capitalism (“green” firms need to make profits, accumulate capital and grow bigger), nor do they address the pernicious role of advertising or the lack of public control over production and investment under capitalism. Hence it is a totally inadequate solution.
As green Sharon Beder notes, green marketing aims at “increasing consumption, not reducing it. Many firms [seek] to capitalise on new markets created by rising environmental consciousness” with such trends prompting “a surge of advertisements and labels claiming environmental benefits. Green imagery was used to sell products, and caring for the environment became a marketing strategy” and was a “way of redirecting a willingness to spend less into a willingness to buy green products.” This means that firms can “expand their market share to include consumers that want green products. Since manufacturers still make environmentally damaging products and retailers still sell non-green products on shelves next to green ones, it is evident that green marketing is merely a way of expanding sales. If they were genuinely concerned to protect the environment they would replace the unsound products with sound ones, not just augment their existing lines.” Moreover, green marketing “does not necessarily mean green products, but false and misleading claims can be hard for consumers to detect” while the “most cynical marketers simply use environmental imagery to conjure up the impression that a product is good for the environment without making any real claims at all.” Ultimately, green consumerism “reduces people to consumers. Their power to influence society is reduced to their purchasing power.” It “does not deal with issues such as economic growth on a finite planet, the power of transnational corporations, and the way power is structured in our society.” [Global Spin, pp. 176–80]
Andrew Watson sums up green consumerism very eloquently as follows:
“green consumerism, which is largely a cynical attempt to maintain profit margins, does not challenge capital’s eco-cidal accumulation, but actually facilitates it by opening a new market. All products, no matter how ‘green’, cause some pollution, use some resources and energy, and cause some ecological disturbance. This would not matter in a society in which production was rationally planned, but in an exponentially expanding economy, production, however ‘green’, would eventually destroy the Earth’s environment. Ozone-friendly aerosols, for example, still use other harmful chemicals; create pollution in their manufacture, use and disposal; and use large amounts of resources and energy. Of course, up to now, the green pretensions of most companies have been exposed largely as presenting an acceptably green image, with little or no substance. The market is presented as the saviour of the environment. Environmental concern is commodified and transformed into ideological support for capitalism. Instead of raising awareness of the causes of the ecological crisis, green consumerism mystifies them. The solution is presented as an individual act rather than as the collective action of individuals struggling for social change. The corporations laugh all the way to the bank.” [From Green to Red, pp. 9–10]
“Ethical” consumerism, like “ethical” investment, is still based on profit making, the extraction of surplus value from others. This is hardly “ethical,” as it cannot challenge the inequality in exchange and power that lies at the heart of capitalism nor the authoritarian social relationships it creates. Therefore it cannot really undermine the ecologically destructive nature of capitalism.
In addition, since capitalism is a world system, companies can produce and sell their non-green and dangerous goods elsewhere. Many of the products and practices banned or boycotted in developed countries are sold and used in developing ones. For example, Agent Orange (used as to defoliate forests during the Vietnam War by the US) is used as an herbicide in the Third World, as is DDT. Agent Orange contains one of the most toxic compounds known to humanity and was responsible for thousands of deformed children in Vietnam. Ciba-Geigy continued to sell Enterovioform (a drug which caused blindness and paralysis in at least 10,000 Japanese users of it) in those countries that permitted it to do so. Many companies have moved to developing countries to escape the stricter pollution and labour laws in the developed countries.
Neither does green consumerism question why it should be the ruling elites within capitalism that decide what to produce and how to produce it. Since these elites are driven by profit considerations, if it is profitable to pollute, pollution will occur. Moreover, green consumerism does not challenge the (essential) capitalist principle of consumption for the sake of consumption, nor can it come to terms with the fact that “demand” is created, to a large degree, by “suppliers,” specifically by advertising agencies that use a host of techniques to manipulate public tastes, as well as using their financial clout to ensure that “negative” (i.e. truthful) stories about companies’ environmental records do not surface in the mainstream media.
Because ethical consumerism is based wholly on market solutions to the ecological crisis, it is incapable even of recognising a key root cause of that crisis, namely the atomising nature of capitalism and the social relationships it creates. Atomised individuals (“soloists”) cannot change the world, and “voting” on the market hardly reduces their atomisation. As Murray Bookchin argues, ”[t]ragically, these millions [of “soloists”] have surrendered their social power, indeed, their very personalities, to politicians and bureaucrats who live in a nexus of obedience and command in which they are normally expected to play subordinate roles. Yet this is precisely the immediate cause of the ecological crisis of our time — a cause that has its historic roots in the market society that engulfs us.” [Toward an Ecological Society, p. 81] This means that fighting ecological destruction today must be a social movement rather than one of individual consumption decisions or personalistic transformation. These can go on without questioning the ecocidal drive of capitalism which “will insidiously simplify the biosphere (making due allowances for ‘wilderness’ reserves and theme parks), steadily reduce the organic to the inorganic and the complex to the simple, and convert soil into sand — all at the expense of the biosphere’s integrity and viability. The state will still be an ever-present means for keeping oppressed people at bay and will ‘manage’ whatever crises emerge as best it can. Ultimately, society will tend to become more and more authoritarian, public life will atrophy.” [Bookchin, “The Future of the Ecology Movement,” pp. 1–20, Which Way for the Ecology Movement?, p. 14]
All this is not to suggest that individual decisions on what to consume are irrelevant, far from it. Nor are consumer boycotts a waste of time. If organised into mass movements and linked to workplace struggle they can be very effective. It is simply to point out that individual actions, important as they are, are no solution to social problems. Thus Bookchin:
“The fact is that we are confronted by a thoroughly irrational social system, not simply by predatory individuals who can be won over to ecological ideas by moral arguments, psychotherapy, or even the challenges of a troubled public to their products and behaviour … One can only commend the individuals who by virtue of their consumption habits, recycling activities. and appeals for a new sensibility undertake public activities to stop ecological degradation. Each surely does his or her part. But it will require a much greater effort — and organised, clearly conscious, and forward-looking political movement — to meet the basic challenges posed by our aggressively anti-ecological society. “Yes, we as individuals should change our lifestyles as much as possible, but it is the utmost short-sightedness to believe that that is all or even primarily what we have to do. We need to restructure the entire society, even as we engage in lifestyle changes and single-issue struggles against pollution, nuclear power plants, the excessive use of fossil fuels, the destruction of soil, and so forth. We must have a coherent analysis of the deep-seated hierarchical relationships and systems of domination, as well as class relationships and economic exploitation, that degrade people as well as the environment.” [“The Ecological Crisis, Socialism, and the need to remake society,” pp. 1–10, Society and Nature, vol. 2, no. 3, p. 4]
Using the capitalist market to combat the effects produced by that same market is no alternative. Until capitalism and the state are dismantled, solutions like ethical consumerism will be about as effective as fighting a forest fire with a water pistol. Such solutions are doomed to failure because they promote individual responses to social problems, problems that by their very nature require collective action, and deal only with the symptoms, rather than focusing on the cause of the problem in the first place. Real change comes from collective struggle, not individual decisions within the market place which cannot combat the cancerous growth principle of the capitalist economy. As such, ethical consumerism does not break from the logic of capitalism and so is doomed to failure.
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Croupier Comptable: Game Theory for The Venetian Macao, China (Trapping Aesthetic for Volleyball) 14K
BIO
My Name is Adrian Blake-Trotman. I am Indo-Mediterranean Caribbean Born in Toronto but From Barbados and Haiti. I am a Beta-arbitrage Mergers & Acquisitions Banker that Specializes in Commodities. I have Understanding Financial Markets by Université de Genève and Monetary Policy in the Asian-Pacific by Hong Kong University of Science and Technology with No Gr. 12 Math or Intro to Linear Algebra; I built a mathematical learning style by using Japanese Candlesticks Bullish Engulfing Discounted Cash Flow Charts for Poker. I Operate TAX AVOIDANCE through Freelance Mergers & Acquisitions through an Enterprise Foundation and Investment Trust. My background is Agriculture Working Class, I've worked in Kitchens and Grocery Stores. My goal is to connect the Democratic Republic of the Congo to two tax havens; Haiti & Seychelles to stabilize the Diamond Trade and more Important the Commodities Market. Through Mercantilism Agriculture Hedge Fund as a Central Bank, Options Volatility Exchange, Lab Grown Re-sale Market, Decentralized Currency and Fiat Money, Hospitality & Gaming. Also To form a Socioeconomic Status Agriculture Working Class; Blue, Pink, and White Collar Jobs. I am Modelling my Cartel off of Wall Street for De Beers but is owned and operated by the Société des Bains de Mer (SBM); The Casino de Monte-Carlo is owned and operated by the Société des Bains de Mer (SBM), a public company in which the government of Monaco and the ruling princely family have a majority interest. The company also owns the principal hotels, sports clubs, food service establishments, and nightclubs throughout the Principality. The Société des Bains de Mer operates in the accommodation, dining, entertainment, and gambling services. SBM manages and owns casinos, hotels, restaurants, bars, nightclubs, spas, beach clubs, and golf clubs. Fifty-two of their fifty-eight properties are located in Monaco. The concept of state-corporate crime refers to crimes that result from the relationship between the policies of the state and the policies and practices of commercially motivated corporations. The term was coined by Kramer and Michalowski in 1990.
THE ARNAULT MODEL: BALANCING FINANCIAL DISCIPLINE AND CREATIVITY
Over the next three decades, as he brought the best luxury brands in fashion, cosmetics, and beverages under the LVMH umbrella, Arnault proceeded to make “a series of brilliant business decisions” that “can only be called masterful.” Even his critics were impressed by “his ability to manage creativity for the sake of profit and growth.” Industry observers frequently credit his outstanding success in a highly competitive industry to the fact that—unlike other global CEOs—Arnault understands both the creative and the financial aspects of running a luxury business
Financed through Real Estate and Convertible Bonds
The Creation of Star Brands
In a 2001 Harvard Business Review interview, Arnault explained his famous business process, which—unlike the traditional fashion industry—requires financial discipline as well as creativity. The entire focus of Arnault's teams is the creation of “star brands” that must meet a high bar for four artistic and financial criteria: LVMH brands must be “timeless, modern, fast-growing, and highly profitable.” In practice, “profitable creativity” means that “star brands are born only when a company manages to make products that ‘speak to the ages’ but feel ‘intensely modern’ and ‘sell fast and furiously, all while raking in profits
Although the LVMH process begins with "radical innovation—an unpredictable, messy, highly emotional activity” on the creative end, as soon as “it comes to getting creativity onto shelves—chaos is banished,” and the company imposes "strict discipline on manufacturing processes, meticulously planning all 1,000 tasks in the construction of one purse.”
The genius of Arnault’s process is that, although the "front end of a star brand—the innovation…the creative process, the advertising—is very, very expensive,” the “back end of the process in the atelier (the factory)” is a place of "amazing discipline and rigor” that drives “high profitability behind the scenes.” Brands with “unbelievably high quality” require “unbelievably high productivity,” so “every single motion, every step of every process is carefully planned with the most modern and complete engineering technology.”
For example, when Arnault automated production at Vuitton, he drove that venerable old brand to the top spot on Fashionista’s list of the world's best-selling luxury brands in 2011, with a value of $24.3 billion—more than twice the amount of its nearest competitor.
As he spent “lavishly” on advertising, Arnault "rigorously" controlled costs by leveraging every possible synergy across the group: Kenzo manufactured a Christian Lacroix line; Givenchy manufactured a Kenzo perfume, and Guerlain created the first Vuitton perfume.
Creative Talent Management
As Arnault built LVMH into the world's largest luxury conglomerate, he hired new design talent for star brands that “speak to the ages” but “feel intensely modern”: from Céline, Kenzo, Guerlain, and Givenchy to Loewe, Thomas Pink, Fendi, and DKNY.
Because his model requires that “the counterbalance to creativity must be commerce,” Arnault “never hesitated to reign in, or outright terminate, creative executives who did not produce.” Since the early days at Dior, he has often replaced creative executives with non-traditional talent and then shuffled them across his brands to help him identify opportunities to drive profit—no matter how unpopular.
For example, at Givenchy in 1995, Arnault brought in a “fashion industry darling” and “notorious wild child,” British designer John Galliano, to replace Hubert de Givenchy, the industry icon “credited with defining simple elegance for an entire generation of women, (including) Audrey Hepburn, Jacqueline Kennedy, and the Duchess of Windsor.”
Within a year, Arnault moved Galliano, the first British designer in French haute couture, from Givenchy to Christian Dior to replace Gianfranco Ferré, the Italian couturier who had led Dior design since the late 1980s. Other non-traditional Arnault hires included installing 27-year-old Alexander McQueen (another British designer) at Givenchy and Marc Jacobs at Louis Vuitton, where he gave the American designer a mandate to challenge LVMH’s competitors, Prada and Gucci.
Although those iconoclastic designers later left LVMH, they had served Arnault’s purpose: interest in his traditional fashion houses had been jumpstarted by the early 21st century.
HOW TO STABILIZE THE DEMOCRATIC REPUBLIC OF THE CONGO, SEYCHELLOIS, AND HAITIAN CURRENCY (INDIAN PREMIER LEAGUE BUT FOR MMA & COMMODITIES NOT CRICKET & TECHNOLOGY MODEL)
Bioeconomy Agriculture Central Hedge Fund with Agriculture Bulge Brackets Oligopolistic System Hyper Inflation Vehicle Fiat Currency: Strict Negative Interest Rates for Investments; Debt/Equity Business Loan Period and Construction Loan/Tax Benefits Programs, Investment Trusts & Enterprise Foundations are Common Corporate Tax Avoidance Practices, and Raise Denominator of Currency & Print Currency for Insurance Companies for Building Process
Combat Sport as National Sport: Free Internet with Corporate Sponsor Purse Bid System Mixed Martial Arts Camps, Orphanages, Polytheist Churches, Gaming-Hospitality; and +EV Gambling
Mercantilism Fiat Currency Pegging: Foreign Exchange Rate to Diamond Peg Currency
Market Extension Vertical Integration Mergers Lottery
Industries: Mergers & Acquisitions Agriculture Industry, Decentralized Finance, Real Estate Finance and Economics, Capital Gains Tax Haven, Corporate Tax Haven, Inheritance Tax Haven, Art Ports, and Gaming-Hospitality
Blockchain Diamond-Metal Exchange Modelled Off of CBOE Volatility Index (VIX). Founded in 1973, the CBOE Options Exchange is the world's largest options exchange with contracts focusing on individual equities, indexes, and interest rates. Credit Spread Options and Blockchain the Commodities Market.
Business Capital is a Collaborative Environment through Generalized Education (STEM AND M & A)
Socioeconomic Status Agriculture Working Class Immigrants
XYY or Triple X Syndrome, ACTN3 Gene, MSTN Gene, and Mercury-Venus Births
A ROUND OF PAR GAME THEORY NETWORK
Beta Arbitrage with Convertible Bonds Compounding
Key Ingredients
Player's: Futures Exchange and Investor
Actions: Issue payments under any circumstances
Payoffs: Exchange - Larger Market Volume, Investor - Larger Assets Under Management or Profits
Representation
Extensive Form includes timing of moves. Player's move sequentially, represented as a tree (timing). Chess: the white player moves, then the black player can see White's move and react
Theory
There's a common expression of higher the risk, higher the reward; but in finance it should be higher reward, higher risk because people's savings are involved. This is why I created The Round of Par Games Theory Network where the intended score should always be 0. Nobody wins and nobody loses between investor and stock exchange, just a nice friendly draw. The Investors assets under management grows and the Exchange's Market Volume Grows.
Let's break down the Components:
Beta Arbitrage
Investor: Beta Arbitrage involves longing in one market and shorting in a DIFFERENT market. The example is longing Company A in the stock market but then going to Company A in the options market and placing a put/short option. Either way the Investor earns a profit.
Exchange: The Futures Exchange benefits because now not only is equity on the stock market is being bought but the options market has a larger volume.
Convertible Bond Compounding
Investor: By compounding through Convertible Bonds not only are you going to be paid back your money because creditors are first on the company's bankruptcy list unlike investors, but it's an easier way to buy more shares for growth investing while not diving head first.
Exchange: The Futures Exchange benefits because now not only is equity on the stock market is being bought, but the bond market has a larger volume.
LANGUAGES
Mandarin
Latin
INDUSTRY WORTH FOR COMMODITIES (AGRICULTURE WORKING CLASS)
In 2012, Forbes reported that $21 trillion was Off-Shored
In 2017 the equivalent of at least 10% of the world’s GDP is in offshore banks, and that number is probably higher due to the opaqueness of the world’s global tax havens, according to a research report release this month by the National Bureau of Economic Research.
The estimated amount of money laundered globally in one year is 2 - 5% of global GDP, or $800 billion - $2 trillion in current US dollars.
Taxes in the US – The federal government collected revenues of $3.5 trillion in 2019—equal to about 16.3 percent of gross domestic product (GDP) (figure 2). Over the past 50 years, federal revenue has averaged 17.4 percent of GDP, ranging from 20.0 percent (in 2000) to 14.6 percent (most recently in 2009 and 2010).
The foreign exchange or forex market is the largest financial market in the world – larger even than the stock market, with a daily volume of $6.6 trillion, according to the 2019 Triennial Central Bank Survey of FX and OTC derivatives markets.
In 2019, for example, the sales value of rough diamonds amounted to some 13.9 billion U.S. dollars worldwide. After polishing, the value increased by nearly double to 26.7 billion U.S. dollars. In 2019, the global diamond jewelry market value was approximately 79 billion U.S. dollars.
Global Cut Flowers Market to Reach $41. 1 Billion by 2027.
The global coffee market was valued at USD 102.02 billion in 2020,
Global Vanilla Market Is Expected to be worth Around USD 735 Million By 2026
According to the report published by Allied Market Research, the global cocoa market generated $12.8 billion in 2019, and is projected to reach $15.5 billion by 2027, witnessing a CAGR of 4.3% from 2021 to 2027
The global water and wastewater market was valued at 263.07 billion U.S. dollars in 2020. The market is projected to reach a value almost 500 billion U.S. dollars by 2028 at a CAGR of 7.3 percent in the 2021 to 2028 period.
The global tobacco market size was estimated at USD 932.11 billion in 2020 and is expected to reach USD 949.82 billion in 2021.
For the year 2020, Worldwide Cotton Market was US$ 38.54 Billion. Global Cotton Market is expected to reach US$ 46.56 Billion by 2027, with a CAGR of 2.74% from 2020 to 2027.
The global waste management market size was valued at $1,612.0 billion in 2020, and is expected to reach $2,483.0 billion by 2030, registering a CAGR of 3.4% from 2021 to 2030
According to Brandessence Market Research, the Energy Drink market size reached USD 61.23 billion in 2020 and expected to reach USD 99.62 Billion by 2027.
LEGAL DEFENSE
Smurfing: Reverse Onus, Challenge Mens Rea and Actus Rea, Press Malicious Prosecution Charges, Financial Settlement
RICO Legal Disputes Trademark (30 for 30 Court): Undisclosed Settlement; 1 large sum ($30 million) broken into a 3-part settlement, Not going to trial settlement (guaranteed payment for being brought into court), Case being unsealed settlement (if the case gets reopened), and Testimony settlement (in court testimony in reopened case). The non-disclosure agreement (NDA); Agreement to 10 years jail time for every broken NDA, NDA on Case, NDA on Testifying, and NDA on Settlement. Sealed Federal Cases: Have legal matters sealed by the court to prevent leaked information to media and Precedence for RICO
CRIME COLLAR
White-Blue collar crime is a subgroup of white-collar crime White Collar Crime, a term reportedly first coined in 1939, is synonymous with the full range of frauds committed by business and government professionals. Blue-collar crime is a term used to describe crimes that are committed primarily by people who are from a lower social class. This is in contrast to white-collar crime, which refers to crime that is usually committed by people from a higher social class.
SOCIOCULTURAL THEORY OF DEVELOPMENT
Agriculture Working Class Immigrants Socioeconomic Status Focused Key Players in Commodities Market*
Polytheism (Zeus, Poseidon, and Ogou-Athena)*
Births: Mercury-Venus, MSTN Gene, ACTN3 Gene, XYY Syndrome, or Triple X Syndrome
Māori All Blacks Sports Culture and Volleyball is National Sport*
Jumping for Cardio*
Poker Brain*
REITs/Real Estate ETF Investors with Index Credit or Debit Spreads Options Trading*
Mergers and Acquisitions Exploratory School System*
Sand-Based Calisthenics kallos sthenos (beautiful strength) Interval Training: Isometric-Plyometric, Circuit Training: Isometric-Isotonic, and Isometric-Mobility
Tofu is Protein of Choice
Fish/Seafood is Meat of Choice
Blueberry is consumed at every breakfast
Mineral Water instead of Spring Water
Coconut Syrup as Sugar Replacement
Business News is a part of The Cigar Culture
Sports Gambling for Extra Revenue Stream instead of Lottery Tickets when in Working Class
Hydrolyzed Collagen-Leucine is the Main Sports Medicine
Brokerage Accounts with First 10 Investments as Bond Funds and REITs
VAMMMBRGC LIFESTYLE BRAND RACKET
Volleyball (Trampoline)
Acting (Short Film Series: Aesthetic Taxi Game, Character: Expansive Mood Villain)
Modeling (Brand Activation Models)
Music (Psychedelic Festival Trap)
Martial Arts
Ballet (Females Only)
Rings Gymnastics (Males Only)
Graffiti (Art)
Cooking (Endorsements)
LVMH-Lacoste Collaboration Company For Tax Mergers Law; Market-extension merger: Two companies that sell the same products in different markets. 4.2.2 Corporate Taxation At the corporate level, the tax treatment of a merger or acquisition depends on whether the acquiring firm elects to treat the acquired firm as being absorbed into the parent with its tax attributes intact, or first being liquidated and then received in the form of its component assets.
What Is Vertical Integration? Vertical integration is a strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production process rather than relying on external contractors or suppliers. A company may achieve vertical integration by acquiring or establishing its own suppliers, manufacturers, distributors, or retail locations rather than outsourcing them. However, vertical integration may be considered risky potential disadvantages due to the significant initial capital investment required.
Analysis Discounted Cash Flow (DCF): A key valuation tool in M&A, a discounted cash flow (DFC) analysis determines a company's current value, according to its estimated future cash flows. Forecasted free cash flows (net income + depreciation/amortization (capital expenditures) change in working capital) are discounted to a present value using the company's weighted average cost of capital (WACC). Admittedly, DCF is tricky to get right, but few tools can rival this valuation method.
VŒUX DE CHAMPAGNE SOGNI CAVIALI
Description: Beta-arbitrage Mergers & Acquisitions Cartel that commits Mediterranean-Caribbean and Afro-Mediterranean Socioeconomic Status Development Conflict Prevention and Reconstruction (CPR) Unit Charities, Protection Racket, Paramilitary Financing, Lobbyist-Investment Trust, Commodities Management, Gambling & Diamond Trafficking, Rolex Re-sale Market, Real Estate Brokerage, Graffiti Art Port, Smurfing, Nike Sports & Fashion Corporate Espionage and Larceny Business Model Reengineering, and VAMMMBRGC Contract Racketeering Through Enterprise Foundations
Activities: Executive Council for Mayor, Culinary Arts, Grey Market Fashion, Trap Shooting Gambling Tournaments, Volleyball Tournaments, Corporate Sponsor EdTech, Grocery Insurance & Electronic Financial Data Interchange, Diamond Encrusted Accessories Collaboration with LVMH, OTC Beta-arbitrage Branch Bracket, OTC Exchange (Commodities, Sports Betting Investment Trust, Real Estate Investment Trust, Cuisine Real Estate Investment Trust, Forex Pairs Contract for Difference, Retail/Hospitality Real Estate Investment Trust, Credit Swap Options Endorsement Index), VAMMMBRGC Youtube Distribution Channel (Gambling News Network, Noir Short Film Series [Shakespearean Crime], Cooking Channel, Sports Resort Real Estate, Sports/Modelling/Acting Business Case Study Video Essay, Brand Activation Modelling, Combat Sports, Calisthenics Workout Class, Sports Science Lessons, Graffiti Tourism, Music Videos, Natural Resources Documentaries, Hype Beast Re-Sale Market, Rolex Business Case Study Video Essays, Business Conferences).
DIAMOND TRAFFICKING
The WFDB Trade And Business Committee
The Trade and Business Committee makes recommendations to the Executive Committee concerning industry relations with financial institutions worldwide, lab-grown diamonds, Know Your Customer and the System of Warranties.
Idea 1: Luxury Goods Encrusted Items Investment Service and Auction. Example: Hermès Bag, Investment System: Masterworks, Auction System: Information Catwalks with models then bidding in a separate room with Video Replay for YouTube.
Idea 2: A sightholder is a company on the De Beers Global Sightholder Sales's (DBGSS) list of authorized bulk purchasers of rough diamonds. De Beers Group made this list, the second largest miner of diamonds. DBGSS was previously known as DTC (Diamond Trading Company). In May 2006, DTC released a list of the 93 sightholders on its website. High Fashion Accessories Aggregator Business Model with Auction and Re-sale.
Business Model
The London Metal Exchange (LME) which is based in Hong Kong is a commodities exchange that deals in metals futures and options. It is the largest exchange for options and futures contracts for base metals, which include aluminum, zinc, lead, copper, and nickel. The exchange also facilitates trading of precious metals like gold and silver.
Originally known as the Chicago Board Options Exchange (CBOE), the exchange changed its name in 2017 as part of a rebranding effort by its holding company, CBOE Global Markets. Traders refer to the exchange as the CBOE ("see-bo"). CBOE is also the originator of the CBOE Volatility Index (VIX), the most widely used and recognized proxy for market volatility.
ABC Exchange (Alumina, Beryllium, Carbon): There are four types of precious stones: diamonds, rubies, sapphires and emeralds. Each type has its own specific chemical and physical properties. Diamonds are made from carbon, rubies and sapphires from alumina and emeralds from beryllium.
Diamond Monopoly
What Is Vertical Integration? Vertical integration is a strategy that allows a company to streamline its operations by taking direct ownership of various stages of its production process rather than relying on external contractors or suppliers. A company may achieve vertical integration by acquiring or establishing its own suppliers, manufacturers, distributors, or retail locations rather than outsourcing them. However, vertical integration may be considered risky potential disadvantages due to the significant initial capital investment required.
My Vertical Integration Mergers: Company’s Diamond Mines, Merger Manufacturers, Company’s Distribution, and Merger Hospitality and Gaming Diamond Exchange
The Diamond Standard
Influence: Agricultural Bank of China is active in commercial banking, investment banking, and insurance services.
Mercantilism was a form of economic nationalism that sought to increase the prosperity and power of a nation through restrictive trade practices. Its goal was to increase the supply of a state's gold and silver with exports rather than to deplete it through imports. It also sought to support domestic employment.
The bio-economy is defined as the economic activity associated with the invention, development, production; and use of primarily bio-based products, bio-based production processes, and/or biotechnology-based intellectual property.
Industries Association; Hospitality and Gaming: Daily and Monthly Revenue Streams, Capital Gains Taxing: Create Offshore revenue through trading and Blockchain is a volatile market for good liquidity. FOREX Vehicle Currency: Low Interest Rates means currency will be traded against other currencies, Shorting own currency to get foreign currency and exchanging returns to domestic currency stabilize exchange rate and Currency Basket
Interest Rate Pegging: Environmental alternative to gold, Surplus item during Quantitative Easing, and Low Interest Rates lead to spending and loans for investment which means buying and trading diamonds will balloon
Mine Options: Credit spreads and debit spreads are different spread strategies that can be used when investing in options. Both are vertical spreads or positions that are made up entirely of calls or entirely of puts with long and short options at different strikes. They both require buying and selling options (with the same security) with the same expiration date but different strike prices.
Diamond Mine Investment Group: Mines can create private Investment Groups. Items within Group: diamond retail, diamond trading, industrial diamond manufacturing sectors
Lab-created diamonds are grown in controlled laboratory environments using advanced technology that replicates the conditions under which diamonds naturally develop beneath the Earth's crust. These lab-grown diamonds consist almost entirely of carbon atoms and are arranged in a diamond crystal structure.
DIAMOND ROLEX INVESTMENT TRUST (EXAMPLE)
Description
Watch Listing Through Discounted Cash Flow for Rolex Drop Culture or Re-Sale Market
Underwriting Products
$50,000 in value
Collector's Edition
Less than 20 models made
Masterwork Investing Platform (reference)
Masterworks is making the world of art a little less exclusive by offering everyday investors the chance to own a fraction of these high-priced investments with a much smaller amount of money.
Through the fine art investing platform, users can purchase (and trade) shares in what the company has defined as "blue-chip" art: masterpieces from artists like Pablo Picasso, Claude Monet, Andy Warhol, Banksy, Kaws, Jean-Michel Basquiat and more.
How Masterworks functions (reference)
Masterworks provides an affordable way to invest in art. What was once an option reserved exclusively for wealthy investors is now accessible to investors of all types. Here's how the platform works:
Masterworks will purchase a painting and file it with the SEC as a public offering, or IPO, similar to how a company goes public. Shares of the painting are then made available for purchase on the Masterworks website for as little as $20 per share. The company says it launches about one new painting every four to five days.
The platform stands out, especially for using propriety data to determine which artist markets have the most momentum, focusing on the very high-end segment of the art market that has predictable returns, the company says. Meanwhile, its research team works in the background to calculate appreciation rates, correlation, and loss rates.
Masterworks even recently added a secondary market, too, where investors can trade shares in paintings. Plus, Masterworks lets you invest your IRA earnings into their fine art through its partnership with Alto IRA, an alternative asset investing platform.
Industrial Embassy
Business Model: Insurance companies base their business models around assuming and diversifying risk. The essential insurance model involves pooling risk from individual payers and redistributing it across a larger portfolio. Most insurance companies generate revenue in two ways: Charging premiums in exchange for insurance coverage, then reinvesting those premiums into other interest-generating assets. Like all private businesses, insurance companies try to market effectively and minimize administrative costs. Types of Insurance: Mining, Manufacturing, Retail, Logistics
Financing is the process of providing funds for business activities, making purchases, or investing. Financial institutions, such as banks, are in the business of providing capital to businesses, consumers, and investors to help them achieve their goals. The use of financing is vital in any economic system, as it allows companies to purchase products out of their immediate reach. Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash. Advantages of Equity Financing; Funding your business through investors has several advantages, including the following: The biggest advantage is that you do not have to pay back the money. If your business enters bankruptcy, your investor or investors are not creditors. They are part-owners in your company, and because of that, their money is lost along with your company. You do not have to make monthly payments, so there is often more cash on hand for operating expenses. Investors understand that it takes time to build a business. You will get the money you need without the pressure of having to see your product or business thriving within a short amount of time.
Planning Permission and Building Regulations Courses: Planning permission assesses whether the development fits in with local and national policies and whether it would cause unacceptable harm, for example, to neighbours' quality of life. Whereas building control covers the structural aspects of development and progress throughout the construction
AFRO-MEDITERRANEAN PARAMILITARY FINANCING
Military Payments
Sercurity Operations (SercOps) Payment: $150,000 yearly salary: Receives $100,000 salary; other $50,000 is used for branch-managed investment portfolio and investment trust
Discharge Payment: $75,000 yearly salary for Armoured Car Guard and Driver, Receives $50,000 salary; other $25,000 is used for branch-managed investment portfolio and investment trust
Military Funding: Central Hedge Fund Equity Given
Payment is in Fixed Currency
AFRO-MEDITERRANEAN SOCIOECONOMIC STATUS DEVELOPMENT CONFLICT PREVENTION AND RECONSTRUCTION (CPR) UNIT CENTERS
Corporate Sponsor: M & A Schools (Mergers and Acquisitions) & Retirement-preparatory School
Cross-Curriculum
STEM education is the cross-curricular study of science, technology, engineering, and mathematics, and the application of those subjects in real-world contexts.
Studying Style
I use Interleaving Studying for Generalist Kinaesthetic Learners.
Transition to Interleaving Studying: Online PowerPoint Presentation, Video Essays, Case Studies & Meta-analyses over Books to present Information as a country, Less Paper Use, Courses on Different PowerPoint Studying Styles, Make country a Business & Finance Culture and Technological Advanced, Overview at Beginning; Program Learning Concept Check During Quizzes at the End for Courses, Spaced Learning on concept checks before exiting the course.
A great example of when to use interleaving is sports, for instance, tennis. Instead of just practicing backhands in one session, you can interleave backhands, forehands, and volleys to get increased results. Another great example can be found in science classes, where interleaving math, physics, and chemistry, for example, can provide you with an advanced understanding of all 3 fields.
Spaced learning is a learning method in which highly condensed learning content is repeated three times, with two 10-minute breaks during which distractor activities such as physical activities are performed by the students. It is based on the temporal pattern of stimuli for creating long-term memories reported by R. Douglas Fields in Scientific American in 2005.
Spacing boosts learning by spreading lessons and retrieval opportunities out over time so learning is not crammed all at once. By returning to content every so often, students' knowledge has had time to rest and be refreshed.
The two concepts are similar but essentially spacing is revision throughout the course, whereas interleaving is switching between ideas while you study. Although interleaving and spacing are different interventions, the two are linked because interleaving inherently introduces spacing. These two concepts will create student-athletes
The best part about interleaving is that it is almost a universal aid in learning
Evidence suggests that spaced practice is more effective for long-term retrieval.
Interleaving Studying forces the brain to continually retrieve because each practice attempt is different from the last, so rote responses pulled from short-term memory won’t work.
Multiple choice test is an example of measuring retrieval by A. reconstruction. B. recognition.
Chess
Increasing Intelligence: Fluid and crystallized intelligence are constructs originally conceptualized by Raymond Cattell. The concepts of fluid and crystallized intelligence were further developed by Cattell and his former student John L. Horn. Crystallized intelligence. This refers to your vocabulary, knowledge, and skills. Crystallized intelligence typically increases as you get older. Fluid intelligence, also known as fluid reasoning, fluid intelligence is your ability to reason and think abstractly. Fluid intelligence refers to basic processes of reasoning and other mental activities that depend only minimally on prior learning (such as formal and informal education) and acculturation. Horn notes that it is formless, and can "flow into" a wide variety of cognitive activities Tasks measuring fluid reasoning require the ability to solve abstract reasoning problems. Examples of tasks that measure fluid intelligence include figure classifications, figural analyses, number and letter series, matrices, and paired associates. Crystallized intelligence refers to learned procedures and knowledge. It reflects the effects of experience and acculturation. Horn notes that crystallized ability is a "precipitate out of experience," resulting from the prior application of fluid ability that has been combined with the intelligence of culture. Examples of tasks that measure crystallized intelligence are vocabulary, general information, abstract word analogies, and the mechanics of language.
Bullet Chess: The rules for bullet chess aren't different from those of a regular chess game. Bullet chess refers to games played with time controls that are faster than 3 minutes per player. The most popular forms of bullet chess are 1|0 (one minute with no increment per player) or 2|1 (two minutes with a one-second increment per player). Increment (also known as bonus and Fischer since former World Chess Champion Bobby Fischer patented this timing method)—a specified amount of time is added to the players main time each move, unless the player's main time ran out before they completed their move.
Chess Benefits: It has been suggested by different scientists that chess involves, and possibly boosts, cognitive abilities such as working memory, fluid intelligence, and concentration capacity. Besides, chess may be beneficial for mathematical ability and, more widely, academic achievement by enhancing concentration and problem-solving skills.
Life-History Strategy
Life history theory posits that behavioral adaptation to various environmental (ecological and/or social) conditions encountered during childhood is regulated by a wide variety of different traits resulting in various behavioral strategies. Unpredictable and harsh conditions tend to produce fast life history strategies, characterized by early maturation, a higher number of sexual partners to whom one is less attached, and less parenting of offspring. Unpredictability and harshness not only affects dispositional social and emotional functioning, but may also promote the development of personality traits linked to higher rates of instability in social relationships or more self-interested behavior. Similarly, detrimental childhood experiences, such as poor parental care or high parent-child conflict, affect personality development and may create a more distrustful, malicious interpersonal style. The aim of this brief review is to survey and summarize findings on the impact of negative early-life experiences on the development of personality and fast life history strategies. By demonstrating that there are parallels in adaptations to adversity in these two domains, we hope to lend weight to current and future attempts to provide a comprehensive insight of personality traits and functions at the ultimate and proximate levels.
The Savant Skills Curriculum
Savant gifts, or splinter skills, may be exhibited in the following skill areas or domains: memory, hyperlexia (ie, the exceptional ability to read, spell and write), art, music, mechanical or spatial skill, calendar calculation, mathematical calculation, sensory sensitivity, athletic performance, and computer ability. These skills may be remarkable in contrast to the disability of autism, or may be in fact prodigious when viewed in relation to the non-disabled person.
Learning Centers
Enrichment centers require you to be aware of your students' learning styles (Kinesthetic) as well as their knowledge about a topic. The enrichment center can provide individual students with varied activities or combination of activities that differ from those pursued by other students. As such, the center becomes an individualized approach to the promotion of the topic.
Skill Centers Skill centers are typically used at the elementary level, more so than at the secondary level. Students may work on math facts, phonics elements, or other tasks requiring memorization and/or repetition.
Interest and Exploratory Centers: Interest and exploratory centers differ from enrichment and skill development centers in that they are designed to capitalize on the interests of students. They may not necessarily match the content of the textbook or the curriculum; instead they provide students with hands-on experiences they can pursue at their own pace and level of curiosity. These types of centers can be set up throughout the classroom, with students engaging in their own selection of activities during free time, upon arrival in the morning, as a “free-choice” activity during the day, or just prior to dismissal. These centers allow students to engage in meaningful discoveries that match their individual interests.
Programmed Learning
The way a teaching machine works is: It asks you a question. If you give the right answer, it goes on to the next question. If you give the wrong answer, it tells you why the answer is wrong and tells you to go back and try again. This is called "programmed learning".
Programmed learning, educational technique characterized by self-paced, self-administered instruction presented in logical sequence and with much repetition of concepts. Programmed learning received its major impetus from the work done in the mid-1950s by the American behavioral psychologist B.F.
Exploratory Learning (Singapore Field Trips)
The Choice Theory Culture:
Is an expected way of being or living
Encourages positive choices which lead to healthy relationships
Is relationship based and collaborative
Is not about controlling behavior, rather promoting personal responsibility
Carol Dweck's Growth Mindset Theory
Growth Mindset: “In a growth mindset, people believe that their most basic abilities can be developed through dedication and hard work—brains and talent are just the starting point. This view creates a love of learning and a resilience that is essential for great accomplishment. With a growth mindset, students continually work to improve their skills, leading to greater growth and ultimately, success. The key is to get students to tune into that growth mindset.
Dweck writes, “In the fixed mindset, everything is about the outcome. If you fail—or if you’re not the best—it’s all been wasted. The growth mindset allows people to value what they’re doing regardless of the outcome. They’re tackling problems, charting new courses, working on important issues. Maybe they haven’t found the cure for cancer, but the search was deeply meaningful,” (Dweck, 2015).
Poker as Intro to Portfolio Building
Famous Fund Managers who played Poker
Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Capital Advisors, both based in Stamford, Connecticut. Cohen grew up in Great Neck, New York, where his father was a dress manufacturer in Manhattan's garment district, and his mother was a piano teacher. He is the third of seven brothers and sisters. He took a liking to poker as a high school student, often betting his own money in tournaments, and credits the game with teaching him "how to take risks." Cohen graduated from John L. Miller Great Neck North High School in 1974, where he played on the school's soccer team. Cohen received an economics degree from the Wharton School at the University of Pennsylvania in 1978. While in school, Cohen was initiated as a brother of Zeta Beta Tau fraternity's Theta chapter where he served as treasurer. While in school, a friend helped him open a brokerage account with $1,000 of his tuition money.
Carl Icahn is one of the most recognisable and successful investors in the world, having far outperformed the market on an annualised basis since 1968; at a rate which, by some measures, has him ahead of Warren Buffett. Carl Icahn was born on the 16th February 1936 in Queens, New York. It was a beach neighbourhood and a poor area. His mother was a pianist, but dropped her dreams of pursuing it as a career and instead chose a more stable job as a school teacher. His father also became a substitute teacher. As you may expect with both parents involved in education, Carl was extremely studious. At high school, he didn’t involve himself in many activities such as sports and clubs, instead he had set himself the big goal of making it to an Ivy League university; something most people in his area had no chance of doing. His teacher didn’t even think it was worth him applying, but this made him even more determined to be different. He had a mind-set that he wanted to be the best at everything. Icahn’s parents said they would only pay for university if he got into one of the top Ivy League universities. Although no one thought he stood a chance, he managed to enrol at Princeton University and studied philosophy as his major. His parents fulfilled their promise and paid for his Princeton fees but couldn’t stretch to anything else such as his accommodation or food. Instead, Carl got himself a summer job at a Cabana club in his neighbourhood to fund his living costs. It was at the Cabana club that he learnt how to play poker and joined in the games regularly. He says at the start he didn’t know how to play, but then he read 3 poker books in 2 weeks and became the best player there, taking home huge winning each summer. He says: “To me, it was a big game, big stakes. Every summer I won about $2,000, which was like $50,000 back in the ‘50s”
Brain Training: How Regular Poker Play Could Help Soccer Stars Succeed: An athlete’s brain is their most vital organ. It controls how the body functions, and it needs to be cultivated and disciplined just like the muscles do. Those in the industry are constantly searching for new ways to help soccer players get their heads in the game, and it turns out that poker can help immensely. By sharpening cognitive function, increasing social awareness, and improving mental endurance, poker enables athletes to rise to the occasion for peak performance on the field.
Conflict Prevention & Reconstruction Unit Psychology
Reintegration of child soldiers should emphasize three components: family reunification, psychosocial support and education, and economic opportunity. Family reunification—or, where that is not possible, foster placement or support for independent living—is crucial to successful reintegration.
Children are reintegrated into community life through the provision of psychosocial support, life skills classes and basic vocational training. At the end of the program, participants are provided with small grants to start businesses.
Post-traumatic growth (PTG) is a theory that explains this kind of transformation following trauma. It was developed by psychologists Richard Tedeschi, PhD, and Lawrence Calhoun, PhD, in the mid-1990s, and holds that people who endure psychological struggle following adversity can often see positive growth afterward. Post-traumatic growth often happens naturally, Tedeschi says, but it can be facilitated in five ways: through education (rethinking ourselves, our world, and our future), emotional regulation (managing our negative emotions and reflecting on successes and possibilities), disclosure (articulating what is happening and its effects), narrative development (shaping the story of a trauma and deriving hope from famous stories of crucible leadership), and service (finding work that benefits others).
People who have experienced posttraumatic growth report changes in the following 5 factors: Appreciation of life; Relating to others; Personal strength; New possibilities; and Spiritual, existential or philosophical changes
Although posttraumatic growth often happens naturally, without psychotherapy or other formal intervention, it can be facilitated in five ways: through education, emotional regulation, disclosure, narrative development, and service.
Forgeard found that the form of cognitive processing was critical in explaining growth after trauma. Intrusive forms of rumination caused a decline in multiple areas of growth, whereas deliberate rumination led to an increase in five domains of posttraumatic growth. Deliberate rumination involves perceiving multilateral sides of the stressful experience including value, meaning, and significance (Calhoun et al., 2000; Cann et al., 2011), and may also decrease the discrepancy between global and situational meanings, as it promote finding meaning. Trauma-focused cognitive behavioral therapy (TF-CBT) & Compassion-focused therapy (CFT) is a recommended psychotherapy
The two psychological traits which indicate a higher likelihood of experiencing post-traumatic growth are openness to experience and extraversion. Novelty seeking is positively associated with the Big Five personality trait of "extraversion," and to a lesser extent “openness to experience,” but is inversely associated with "conscientiousness." Online poker players are high sensation seekers who gamble to experience strong feelings and arousal, whereas impulsivity plays an important role in developing and maintaining pathological gambling.
CORPORATE SPONSOR: BETA-ARBITRAGE M & A EXAM
Poker Contest: Bankroll Budget*
Math Contest: Linear Algebra Contest, Probability and Ratios
Investment Management Contest: Decentralized Portfolio Building Simulation
Latin and Mandarin Technical Analysis Settings Fair: Year-Long Competition
Blues Ocean Strategy Game Theory Network Mergers & Acquisitions Contest: Macau Game Theory - The course includes modules in areas such as: Essentials of M&A, Due diligence training, Business valuation training, post-merger integration planning
Machine Learning Contest: Quantitative Aptitude
Winners Get a Full Ride to Internships (Licenes Courses I'm Gonna Make with Established Schools and Banks) Freshman Class is made of the contest winners: Mergers & Acquisitions Generalization with Corporate Sponsor; Understanding Capital Markets, Game Theory, Investment Model & Analysis, Quantitative Aptitude, Hedging Techniques, Foreign Language, Business Engineering, Business Models & Reengineering, Offshore Law, Blue Ocean Strategy, Investment Management with Python (Machine Learning)
Ages: 10, 12, 14, 17, 18, 20
SOCIOECONOMIC STATUS DEVELOPMENT CENTRES
Socioeconomic status is the social standing or class of an individual or group. It is often measured as a combination of education, income, and occupation.
EdTech
Business Model: Grants, corporate sponsorships, and recruiting business FutureLearn is another MOOC heavyweight with 210+ partners that include universities, humanitarian foundations, and large businesses. Some startups even rely on corporate sponsorship as their main business model
Generalist Education
VAMMMBRGC: Volleyball, Acting, Modelling, Music, Martial Arts, Ballet (Female), Rings Gymnastics (Male), Graffiti (Art), Cooking (Gastronomy)
STEM: Science, Technology, Engineering, Mathematics
M&A: Merger, Acquasitions
Welfare Investment Program
Fund through Rental Properties: Bond Funds, REITs
Credit Building Program: Line of Credit Deposit Program
Job Placement for Agriculture Working Class
Agricultural Industry means an industrial activity involving the processing, cleaning, packing or storage of the results from agricultural production. The working class (or labouring class) comprises those engaged in manual-labour occupations or industrial work, who are remunerated via waged or salaried contracts. Working-class occupations (see also "Designation of workers by collar colour") include blue-collar jobs, and most pink-collar jobs. Members of the working class rely exclusively upon earnings from wage labour; thus, according to more inclusive definitions, the category can include almost all of the working population of industrialized economies, as well as those employed in the urban areas (cities, towns, villages) of non-industrialized economies or in the rural workforce.
As with many terms describing social class, working class is defined and used in many different ways. The most general definition, used by many socialists, is that the working class includes all those who have nothing to sell but their labour. These people used to be referred to as the proletariat. In that sense, the working class today includes both white and blue-collar workers, manual and menial workers of all types, excluding only individuals who derive their livelihood from business ownership and the labour of others. The term, which is primarily used to evoke images of laborers suffering "class disadvantage in spite of their individual effort," can also have racial connotations. These racial connotations imply diverse themes of poverty that imply whether one is deserving of aid.
COMMODITIES REAL ESTATE
Insurance Premium, Financial Electronic Data Interchange, Royalties, Lease, & Gross Sale Payments for Restaurant Clientele Grocery Stores and Delivery Food Courts:
A lease payment is the equivalent of the monthly rent, which is formally dictated under a contract between two parties, granting one participant the legal right to use the other individual's real estate holdings, manufacturing equipment, computers, software, or other fixed assets, for a specified amount of time.
Gross sales refer to the grand total of all sales transactions over a given time period. This doesn't include the cost-of-sales or deductions (like returns or allowance). To calculate a company's gross sales, add up the total sales revenue for a specified period of time—monthly, quarterly, or annually.
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Royalties is the amount someone pays you to use your property, after you subtract the expenses you have for the property.
CONFLUENCE FOREX & COMMODITIES BETA-ARBITRAGE FORMULA
Trading Psychology: Play Defense, Focus on preserving capital instead of gaining capital
Position Trading: Currency being used, Shorting Low-Interest Currency against High-Value Currency Or Currency Being used, Shorting Low Interest/High-Value Currency against High-Interest Currency. Examples: Carry-Roll Down Bonds, CFD Forex Gold
Swing Trading: Use mt4/mt5 With Heiken Ashi Charts, Setting at 14 or 21 Momentum Indicator above 0 as Divergence Oscillator and VSA as Reversal Oscillator and Trade when bullish candlesticks above 200 exponential moving average and/or 20 exponential moving average (EMA) on H1 (Hourly) Time Frame; use H4 (4 Hours) and D1 (1 Day) as reference. Works for Oil & Gold Commodities
Master Supply and Demand (S&D) Zones (banks use this)
Candlestick Patterns for Momentum: Bearish Engulfing, Hanging Man, Shooting Star Three Crows, Evening Star, (Short). Bullish Engulfing, The Bearish Inverted Hammer or Regular Hammer (Regardless of Colour), Morning Star, and Piercing Line (Long) are extremely Important
Candlestick Patterns for VSA When Volume Spikes Down and Price is Up Bearish: Shooting Star, Doji, Hanging Man, Doji-Star
Candlestick Patterns for VSA When Volume Spikes Up and Price is Down Bullish: Hammer, Inverted Hammer, Doji, Doji-Star
S&D Reversal Patterns: The Drop-Base-Rally is a bullish reversal pattern, The Rally-Base-Drop is a bearish reversal pattern
S&D Continuation patterns: The Rally-Base-Rally is a bullish continuation pattern, The Drop-Base-Rally is a bearish continuation pattern
Swing Trading Time Frame H1 (Hourly) Reference D1 and H4 to locate supply and demand zones Pivot Points and VSA
Heiken Ashi Candlesticks Much easier to read candlestick charts and analyze market trends
Using Pivot Points for Prediction A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames Works for commodities
Exponential Moving Average (EMA) 200 Day 20 Day
Momentum Indicator Settings 14 or 21
Volume Spread Analysis (VSA Trading) Entry 4 Steps: Identify the trend, Identify the sign of weakness in an existing uptrend, Wait to test the weakness for confirmation for the continuation of the uptrend, Look for any bullish reversal candlestick pattern for entry.
Relative Strength Index (RSI) Relative Strength Index (RSI) is a momentum indicator. It is a single line ranging from 0 to 100 which indicates when the stock is overbought or oversold in the market. If the reading is above 70, it indicates an overbought market and if the reading is below 30, it is an oversold market. RSI is also used to estimate the trend of the market, if RSI is above 50, the market is an uptrend and if the RSI is below 50, the market is a downtrend.
Commodity Channel Index Commodity Channel Index identifies new trends in the market. It has values of 0, +100, and -100. If the value is positive, it indicates uptrend, if the CCI is negative, it indicates that the market is in the downtrend. CCI is coupled with RSI to obtain information about overbought and oversold stocks.
What is Cash-and-Carry-Arbitrage? Cash-and-carry-arbitrage is a market-neutral strategy combining the purchase of a long position in an asset such as a stock or commodity, and the sale (short) of a position in a futures contract on that same underlying asset. A cash-secured put is an income options strategy that involves writing a put option on a stock or ETF and simultaneously putting aside the capital to buy the stock if you are assigned.
What are Gold CFD? A contract for difference (CFD) is a popular type of derivative that allows you to trade on margin, providing you with greater exposure to the gold market. Instead of purchasing gold itself, you buy or sell units for a given financial instrument depending on whether you think the underlying price will rise or fall.
What is Quanto Option? The Quanto option is a cash-settled, cross-currency derivative in which the underlying asset has a payoff in one country, but the payoff is converted to another currency in which the option is settled.
Hedging Strategies: Forex and Commodities CFD, Crude Oil Cash-secured Put Options (Binary Options)
TURF ACCOUNTANT
Beta-Arbitrage (PROFITS FOR BOOKMAKER)
+EV (Investment)
Live Betting (Balance Sheets)
BRANCH BRACKET DISCOUNTED CASH FLOW PORTFOLIO BET SLIP
+EV Round Robin instead of WACC Portfolio
$5 Units
GAME THEORY OPTIMAL POKER WITH LOOSE AGGRESSIVE & GROWTH INVESTING
Growth Investing Strategy & Game Theory
Japanese Candlestick Charts: Bullish Engulfing
Discounted Cash Flow Model: EV (Expected Value replaces WACC)
Mixed Strategy
Fold Equity
Community Cards
Companies Charts and Historical Financials
Royal Flush
Straight Flush
4 of a Kind
Full House
Flush
Hands
FCF of Companies
Strategy
Every chart starts with a green candlestick
Depending on your hand the second candlestick is either green or red
Green for the top 5 hands: Listed above
Red for the bottom 5 hands
If it's green invest by betting
If it's red fold
The third candlestick depends on the Flop
The fourth candlestick depends on The Turn
As more money gets betted the Green candlestick gets larger
After The Flop risk-assessment and probability needs to be accounted for
After The Flop, The Turn, and The River it is possible for a red candlestick to appear because of a fold or a better hand because you lost money. Judge how much money you lost by the size of the candlesticks growth
Tony Dunst Tips
Learn to think in Big Blinds, Opponents are Effective Big Blinds
Identify Player Types then Adjust
Study Big Blind Defense Frequency (Hand Ranges)
Work on Bubble and Final Table Play (Independent Chip Model)
Build 3 Betting Ranges
AFRO-MEDITERRANEAN SOCIOECONOMIC STATUS VOLLEYBALL SPORTS PERFORMANCE FOR KINAESTHETIC LEARNERS
Volleyball Physiological Age System for Both Genders: Plyometric High-Intensity Interval Training Through Cross Training, Wingspan Through Cross Training, Unstable Surface Muscle Recruitment Contrast Training, Isometric-Plyometric-Sprint-or-Vertical Jump Contrast Conditioning, Intermittent Hypoxic Training (IHT) Weighted Jump Rope Respiratory Conditioning, Functional Threshold Power (FTP) Cycling, Fascia and Central Pattern Generator Skill Development, Stretch-Reflex Elastic Strength Training, Running-Based Anaerobic Sprint Test (RAST), Stimulus-Fatigue-Recovery-Adaptation for Supercompensation, Autophagy Recovery, High Fat and High Carb with Lipolysis Supplement Nutrition: 3 Fuels of Energy in Oxygen, Fat, and Glucose, Convert Hybrid Muscle Fibers
Stretch Goal of Having a Physiological Age of 25
Volleyball is an aerobic sport with additional anaerobic demands. This will require volleyball players to work both energy systems, making cardiorespiratory conditioning very important. The aerobic, or lower intensity training, will help build a strong cardio base that is needed for a long match. A study done on college athletes showed that gymnasts and volleyball players had significantly higher bone mineral density than swimmers, which is considered a low-impact sport.
Collagen Athletes: Researchers found that a year of daily collagen peptides supplementation measurably increased bone mineral density in the lumbar spine and in the upper femur. The women also had higher levels of a blood biomarker that indicates bone formation. Collagen provides resistance to tension and stretch, which commonly occur in fascial tissues, such as ligaments, tendons, sheaths, muscular fascia and deeper fascial sub-layers. Julio Jones and Cam Newton do Fascia Beach Workouts https://www.youtube.com/watch?v=Unm5dvlcqL4
Offensive Systems 5-1 System Rotation 1: Setter Starts in Right Back, Rotation Offense to Middle Front, Run One Man or Two Man Routes, Call out Formations
Defensive Systems Middle Back Systems: The Set is important to determine if there’s enough time for one man, two man, or three man block. Shots to Plan for: Dink, Off-speed, and Angle. Setting Blocks: Mix Sequencing of Jump Two Man and Three Man Back
Anta Sports Fashion Collab Circuits (Graffiti Beachwear Fashion Week and Trade Show): Key City Tournaments
Planned Pregnancy: Mercury-Venus Cusp, MSTN Gene, ACTN3 Gene, and XYY Syndrome or Triple X Syndrome
CARTEL THEORY
HSBC Bank Holding Company Equity Financing
What Is a Bank Holding Company? A bank holding company is a corporation that owns a controlling interest in one or more banks but does not itself offer banking services. Holding companies do not run the day-to-day operations of the banks they own. However, they exercise control over management and company policies. They can hire and fire managers, set and evaluate strategies, and monitor the performance of subsidiaries’ businesses.
What Is Equity Financing? Equity financing is the process of raising capital through the sale of shares. Companies raise money because they might have a short-term need to pay bills or have a long-term goal and require funds to invest in their growth. By selling shares, a company is effectively selling ownership in their company in return for cash. Equity financing comes from many sources: for example, an entrepreneur's friends and family, investors, or an initial public offering (IPO). An IPO is a process that private companies undergo to offer shares of their business to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.
Palmiers Noirs Rivals
United Kingdom
Jews
Luxembourg (EU Blacklist Creator)
Latin Kings
Sinaloa Cartel
Sonora Cartel
Colombian Cartels
Neymar
Banker Title
Croupier Comptable: An investment banker who has experienced decadence through Casino Capitalism
Palmiers Noirs Structure
Clandestine Cell System
A clandestine cell system is a method for organizing a group of people (such as resistance fighters, sleeper agents, mobsters, or terrorists) such that such people can more effectively resist penetration by an opposing organization (such as law enforcement or military units).
In a cell structure, each of the small group of people in the cell know the identities of the people only in their own cell. Thus any cell member who is apprehended and interrogated (or who is a mole) will not likely know the identities of the higher-ranking individuals in the organization.
The structure of a clandestine cell system can range from a strict hierarchy to an extremely distributed organization, depending on the group's ideology, its operational area, the communications technologies available, and the nature of the mission.
Criminal organizations, undercover operations, and unconventional warfare units led by special forces may also use this sort of organizational structure.
Infrastructure cells
Any clandestine or covert service, especially a non-national one, needs a variety of technical and administrative functions, such as: Recruitment/training, Forged documents/counterfeit currency, Finance/Fundraising, Communications, Transportation/Logistics, Safehouses, Reconnaissance/Counter-surveillance, Operational planning, Arms and ammunition, and Psychological operations
A national intelligence service has a support organization to deal with services like finance, logistics, facilities (e.g., safehouses), information technology, communications, training, weapons and explosives, medical services, etc. Transportation alone is a huge function, including the need to buy tickets without drawing suspicion, and, where appropriate, using private vehicles. Finance includes the need to transfer money without coming to the attention of financial security organizations.
Cartel Definition
Cartel is an ambiguous concept, which usually refers to a combination or agreement between rivals, but – derived from this – also designates organized crime. The main use of ‘cartel’ is that of an anticompetitive association in the economy.
Price cartels engage in price fixing, normally to raise prices for a commodity above the competitive price level.
Cartel Theory
Cartel theory is usually understood as the doctrine of economic cartels. However, since the concept of 'cartel' does not have to be limited to the field of the economy, doctrines on non-economic cartels are conceivable in principle. Such exist already in the form of the state cartel theory and the cartel party theory. For the pre-modern cartels, which existed as rules for tournaments, duels and court games or in the form of inter-state fairness agreements, there was no scientific theory. Such has developed since the 1880s for the scope of the economy, driven by the need to understand and classify the mass emergence of entrepreneurial cartels. Within the economic cartel theory, one can distinguish a classical and a modern phase. The break between the two was set through the enforcement of a general cartel ban after the Second World War by the US government.
Constituent characteristics and exclusion criteria for cartels
Constituent criteria for cartels would be the following: The members are, at the same time, partners as well as competitors (so do e.g. enterprises, states, parties, duelists, tournament knights). These members can be individual persons or organizations. The members of a cartel are independent of each other, negotiating their interests with each other and against each other. So there have to be at least two participants and they determine their interests autonomously. The members of a cartel know each other; they have a direct relationship, in particular they communicate with each other.
Exclusion criteria for cartels would be the following: There is a "hierarchical" or other strong "dependency relationship among the participants": a drug mafia that is organized hierarchically and managed by a single boss can't be a drug cartel in the sense of a real "cartel". KLikewise, a business corporation can't be a "cartel" due to its central management, which controls its subsidiaries. Furthermore, an OPEC, in which all adherents would be dependent on the largest member (since long: Saudi Arabia) would no longer be a "cartel". Similarly, colonial empires from a motherland and colonies do not constitute a "state cartel". The union of competitors, in their entirety or via important members of its association, is dependent on an outside power. A strict, state-mandated compulsory cartel without freedom of choice between the partners would not be a (real) cartel. A suitable example is the "Deutsche Wagenbau-Vereinigung" (German Railway Cars Association), which was organized in the 1920s by the "Deutsche Reichsbahn" (German Imperial Railways) – its "market opponent". The combination takes place between actors of different levels. Thus, the concerted actions of employers’ associations and trade unions in some industrialized countries was not a cartel, because the allies there were no homogenous competitors. The alleged members of a suspected cartel do not know each other, but only randomly show a parallel behavior: “Cartels of the godless”, “cartels of maintenance deniers” or “silent cartels” are therefore usually no real cartels, but pure verbal abuse formulas.
MACAU ECONOMICS
Science
Science of Aesthetics
Nutritional Biochemistry
Vertical-Rotational Force Kinetic Chain
Biomechanics
Sports Medicine
Technology
Biotechnology
FinTeach
RealTeach
Merger & Acquisition EdTech
Engineering
Business Engineering (Tribes Organism and Keynesian Macroeconomics)
Construction Management
Business Model Reengineering
Mathematics (Decentralized Central Banking)
Investment Management
Monetary Policy & Central Banking
Wolf Packs are Generalist
David Epstein examined the world’s most successful athletes, artists, musicians, inventors, forecasters and scientists. He discovered that in most fields—especially those that are complex and unpredictable—generalists, not specialists, are primed to excel. Generalists often find their path late, and they juggle many interests rather than focusing on one. They’re also more creative, more agile, and able to make connections their more specialized peers can’t see.
Wolves are habitat “generalists,” meaning they can adapt to living in many kinds of habitat. They basically need two things to thrive: abundant prey and human tolerance.
Trophic Cascade, an ecological phenomenon triggered by the addition or removal of top predators and involving reciprocal changes in the relative populations of predator and prey through a food chain, which often results in dramatic changes in ecosystem structure and nutrient cycling. (Trillwave in Macau)
A keystone species is an organism that helps define an entire ecosystem. Without its keystone species, the ecosystem would be dramatically different or cease to exist altogether. Keystone species have low functional redundancy. (Trillwave in Macau)
Unpredictable and harsh conditions tend to produce fast life history strategies, characterized by early maturation, a higher number of sexual partners to whom one is less attached, and less parenting of offspring.
BLUE OCEAN STRATEGY BY RENÉE MAUBORGNE AND W. CHAN KIM (COURTESY OF BLINKIST)
What’s in it for me? Conquer uncontested market space.
Every business asks themselves the same question: how can we beat out the competition? And almost every business comes up with the same answer: we need to become bigger, better, and faster to outperform our rivals.
But what if your business didn’t have to beat the competition because there wasn’t any? What if you could enjoy unlimited growth without worrying about limited demand? This isn’t some idle fantasy but a strategic approach that a handful of successful businesses have already made reality. How did they do it? And how can your business do the same? This short Blink will give you a taste.
Escape your competition by setting sail to a blue ocean.
When you establish a new business, competition can be brutal. Whether you’re selling wine, audio books, or life insurance, the market for a product can only get so big. So you’re left to fight with hundreds of other companies for your share of a limited demand. No surprise that America’s most popular business TV show is called Shark Tank! Markets today are like oceans, swarming with hungry companies ready to kill each other. There’s so much blood in the water, we can call these markets red oceans.
But every once in a while, a company emerges that seems to sail past all the competition. These are businesses that rise fast, grow uncontested, and seem to play by their own rules. What are they doing differently?
Well, instead of fighting over scraps in red oceans, these businesses navigate uncharted territory: blue oceans. You can think of blue oceans as all the markets we haven’t yet discovered, for products and services that don’t yet exist. Demand isn’t limited because demand isn’t there – it has to be created. But this isn’t a handicap, it’s an opportunity. Because if the size of your market isn’t limited, neither are your growth and profits.
In blue oceans, the water isn’t bloodied by cut-throat competition. It’s deep, clear, and full of undiscovered potential. The blue ocean strategy gives you the methodology and tools to conquer such uncontested markets. The basic tenet is this: It’s true that the space in a certain industry might be limited. But who’s to say that a business can’t create an entirely new industry?
Let’s look at an example of this in action: famous Canadian circus company Cirque du Soleil. With its extraordinary variety shows, Cirque du Soleil has entertained millions of people worldwide. On top of that, it’s made record profits. Not something you would expect from a circus company! How did the company do it?
Well, Cirque du Soleil did two interesting things. First, it got rid of the old circus staple of animal acts. Then, it supplemented its human acts with live music and compelling storylines. The first move reduced costs while the second introduced exciting new elements into the world of circus. In effect, Cirque du Soleil created a blue ocean: it carved out an entirely new market for artistic theater experiences. And people love it.
Lower your costs and differentiate yourself.
Perhaps you find the example of a circus company a bit too eclectic? No problem. There are thousands of other businesses that have successfully implemented a blue ocean strategy. Companies like Ford, Nintendo, Netflix, Nespresso, Yellow Tail, Southwest Airlines, and even The Body Shop. In this section, we’ll take a closer look at how they succeeded.
But first, a few more words about red oceans. In red oceans – industries that are already established – everyone plays by agreed rules. Not so long ago, these rules might have looked something like this: “Movies can be bought or rented.” “Wine needs to have an air of sophistication.” “Air travel is expensive.” But in blue oceans, none of these rules apply. Blue oceans are actively shaped by the actions of the industry players who create them.
Let’s be clear – you don’t need to reinvent the wheel to establish a blue ocean. Often, a few little tweaks are enough to set a product apart from its competitors and create a new market. It’s really quite simple: Take a close look at your industry as it is right now. Then think about which factors you can Raise, Eliminate, Reduce, and Create. Let’s go through these points step-by-step with examples.
Raise. Think about how you can elevate the product quality, price point, or service standards of your industry. Southwest Airlines did this when it became the first US airline to make domestic flights quick, easy, and affordable for everyone.
Eliminate. Consider which aspects of your product or service can be cut completely. Remember how Cirque du Soleil got rid of costly and unethical animal acts? Every industry has some outdated practice they’d be better off abandoning.
Reduce. Look at which production processes, product features or service offers you can reduce. Australian wine brand Yellow Tail, for instance, decided to reduce its focus on prestigious vineyards and the aging process in favor of affordable wines with broad appeal.
Create. Brainstorm what new features you can offer your customers. Netflix is a premium example of this that barely needs an explanation: it was the first company to offer on-demand streaming for movies and TV shows.
Ideally, considering these questions will help you do two things: lower your costs and differentiate your business from the competition. And that’s really all you need to create a blue ocean. Even more so, if your company keeps addressing these four factors – that’s raise, eliminate, reduce, and create –, it will stay one step ahead of the competition at all times.
Final summary
In this short Blink, you’ve learned about the difference between red and blue oceans. Rather than competing for limited market space, successful businesses often capture new markets with unlimited potential. They’re discovered by raising, eliminating, reducing, and creating industry factors in a way that lowers costs and sets your business apart from the competition.
RANGE BY DAVID EPSTEIN (COURTESY OF BLINKIST)
What’s in it for me? Learn why taking a wide-ranging approach to life will pay off.
In our complex and cutthroat world, there’s a lot of pressure to get a head start and specialize early. Many successful people, such as Tiger Woods, start to focus on one path early in life. But delve a little deeper, and it becomes clear that it’s generalists, not specialists, who are primed to excel.
Generalists may take a little longer to find their path in life, but they are more creative, can make connections between diverse fields that specialists cannot. This makes them more innovative and, ultimately, more impactful.
Drawing on examples from medicine to academia to sport, these blinks explore how breadth and range are far more powerful than specialized expertise. They also show that experts often judge their own fields more narrowly than open-minded, intellectually curious amateurs do.
In these blinks, you’ll learn; what comic books have to tell us about the ingredients of success, how the complexity of modern life has changed the way we think, and why you should be a Roger; not a Tiger.
Starting early and specializing is fashionable, but has dubious merit.
At the age of ten months old, Tiger Woods picked up his first miniature golf club. At two, he showed off his golf drive on national television. Later that same year, he entered and won his first tournament in the under ten category. Tiger Woods embodies a now popular idea that the key to success in life is to specialize, get a head start and practice intensively.
This trend toward specialization doesn’t only show up in the sports world. In fact, it’s also true of academia, our complex financial system and medicine. Oncologists, for example, now rarely focus on cancer alone. Rather, they specialize in cancer of a particular organ. The writer and surgeon Atul Gawande notes that when doctors joke about right-ear surgeons, we shouldn’t be so quick to assume they don’t actually exist.
But is specializing really the way to go? Simply put, no. In many walks of life, building up experience in just one field doesn’t help performance. In a 2009 paper, psychologists Daniel Kahneman and Gary Klein explored the connection between experience and performance.
Klein shows that experience counts in certain fields. For firefighters, for example, years of focused experience trains them to recognize patterns in the behavior of flames, which enables them to make 80 percent of their on-the-job decisions instinctively in seconds.
But Kahneman found that in other areas, experience counted for nothing. Studying the assessment of officer candidates in the Israeli Defence Forces, he found that recruiters’ predictions of a recruit’s future performance, based on physical and mental abilities, were no more reliable than guesswork. Crucially, as the recruiters received more and more feedback after multiple recruitment rounds, they didn’t get any better at making predictions. Kahneman concluded that there was a complete disconnect between experience and performance.
Some fields of life resemble golf or firefighting. While not necessarily easy, they offer recurring patterns or simple rules that govern decision-making. But there are many more fields of life, like army recruitment, that are much more nebulous and require the creativity and flexibility that generalization offers.
Experimentation is as reliable a route to expertise as early specialization.
In 2006, a now 31-year-old Tiger Woods watched Roger Federer win the US Open final for the third year in a row. Both were at the peak of their powers. As they sipped champagne together in the locker room afterward, Federer felt he had never connected with someone who understood his feeling of invincibility so well. They became firm friends. But, as Roger later told a biographer, his story was very different from Tiger’s.
Roger’s mom was a tennis coach, but if she ever felt tempted to coach him, she resisted it. As a young boy, he dabbled in squash, skiing, wrestling, skateboarding, basketball, tennis and badminton. Later, he gave credit to this range of sports experience for helping his hand-eye coordination and athleticism.
Over time, he found that he liked sports with balls. He moved toward tennis as a teenager, but not intensively. In fact, when his instructors recognized his talent and tried to move him to a group of older players, he asked to stay in the group with his friends. Roger Federer’s winding path to tennis success points to the fact that sampling, rather than specialization, can often be the best route to eventual success.
And plenty of evidence across multiple disciplines supports this. This is true even in an area like music, where plenty of outstanding musicians do specialize young. World-renowned cellist Yo-Yo Ma, for instance, started playing music at a very young age. But what many people don’t know is that Ma first tried violin and piano, and only moved to the cello because he didn’t like the first two.
Yo-Yo Ma isn’t alone in this. In a study of students at a British boarding school, music psychologist John Sloboda found that every one of the students who attended structured music lessons early in their development was categorized by the school as “average,” while not one was “exceptional.” In contrast, those children identified as exceptional were those who had tried out three instruments.
So, if you haven’t yet found your calling, experiment. You could take Vincent van Gogh as inspiration. He tried everything from working in bookstores to teaching and art dealing to preaching before finding his calling as an artist who changed painting forever.
Let’s find out how this works.
Living in a complex world has increased the average person’s IQ and ability to think abstractly.
In 1981, James Flynn, a professor of political studies from the beautiful hilly town of Dunedin in New Zealand, changed the way we think about thinking.
Flynn stumbled upon reports of IQ test scores of American troops that showed dramatic improvement between the two World Wars. The same score that placed a World War I soldier in the 50th percentile would only land him in the 22nd percentile of World War II troops. Intrigued, Flynn asked researchers in other countries for data. He received IQ test results from the Netherlands that showed similarly huge leaps from generation to generation. He then compiled data from 14 other nations.
In what’s now known as the Flynn effect, this research reveals an average three-point increase in IQ every decade in over 30 countries. But what causes this rapid rise? The work of a Russian psychologist, Alexander Luria, gives us an idea.
In 1931, the Soviet Union was changing rapidly. Remote, essentially premodern villages operating in ways unchanged for centuries were converted to collective farms with industrialized development, planned production and division of labor.
Luria capitalized on this rate of change to conduct unique studies. In one experiment, he asked villagers to sort wools into groups. In more modern villages, people would happily group similar pieces of wool, like those in different shades of blue. But in the remote, still premodern villages, participants simply refused to do so. According to them, each piece of wool was different – it was an impossible task!
Other questions involving conceptual thinking got a similar response. One villager, named Rakmat, was shown a picture of three adults and one child and asked which person did not belong. But Rakmat didn’t think about the question abstractly, as we would, and identify the child as different. Instead, he insisted that the boy must stay with the adults and help them with their work.
Luria’s findings were clear. The more exposure to modernization, the greater the ability to make conceptual connections between objects or abstract notions. Today, our minds are constantly dealing with abstract concepts. We glance at a download progress bar on our computer, for example, and instantly understand its meaning. Our minds are better at understanding a breadth of topics and making connections between ideas than ever before.
And yet, we continue to narrow our conceptual focus.
If you want it to stick, learning should be slow and hard, not quick and easy.
The teachers you liked the most in your educational career might be the ones who taught you the least. A study of teaching at the US Air Force Academy tracked the progress of thousands of students working with hundreds of different professors, starting with Calculus I classes. It found that the professors whose students’ got better grades on the exam were also highly rated in student evaluations. The professors whose students did not receive good grades received harsher student feedback.
But when the economists conducting the study looked at long-term results, there was a twist. The professors who received positive feedback had a net negative effect on their students in the long run. In contrast, those professors who received worse feedback actually inspired better student performance later on.
Rather than teaching to the test, these professors appeared to be facilitating a deeper understanding of underlying math concepts. It made their classes frustrating and difficult, hence the poor grades and student evaluations. But it paid off in the long run. Those professors were using desirable difficulties – harder, but ultimately more rewarding, ways to learn.
There are certain techniques we can all use that embrace desirable difficulties. One such technique is spacing, which means leaving time between learning something and practicing it. Consider a 1987 study in the Journal of Experimental Psychology. This study separated Spanish students into two groups, testing one group on vocabulary that they had learned the same day, and the other group weeks later. Eight years later, and with no further study in the interim, the two groups were tested again. The results showed that the latter group could remember over 200 percent more words.
Even short-term spacing is effective. In a 1972 study, researchers at Iowa State University read people a series of words. The first group of participants was asked to recite the words straight away. Another group was asked to recite them after being distracted for fifteen seconds by some simple math problems.
The first group did considerably better than the group that was distracted. But later the same day, the participants were asked to write down each word they could recall. This time, the group that previously performed worse did the best. The process of working hard to recall the information in the first instance had helped them move it from short-term to long-term memory.
So, don’t get too excited by quick progress when you learn. Embrace hard, slow learning. It will pay off in the long run.
A narrow focus is unhelpful, and a remedy for this is to think outside the box.
In some environments, dealing with specialists is desirable. If you need an operation, you probably want a doctor who specializes in the procedure and has done it many times before. However, as we benefit from more reflection and thinking, this narrow focus can be unhelpful.
For example, cardiologists use stents – metal tubes that hold blood vessels open – to treat chest pain so often that they often do so reflexively, even in situations that may be dangerous or inappropriate. This explains a 2015 study by Dr. Anupam Jena of Harvard Medical School. The study found that patients with cardiac arrest or heart failure were actually less likely to die if they were admitted to hospital while top cardiologists were away.
Other fields also point to the benefits of looking at problems with an outside view, rather than the inside view dictated by your own particular specialty.
In a study by University of Sydney professor Dan Lovallo, private equity investors were asked to provide a detailed assessment of businesses they were considering investing in, including their estimated return on investment. The investors were then asked to write notes about some other projects with broad similarities, like another tech start-up or an infrastructure project.
It turned out that the investors’ estimates of returns for the businesses they were actually planning to invest in were around 50 percent higher than for those alternative projects they had identified but not looked at in detail. The investors were shocked to discover the differences, and quickly slashed their estimated profit for their original potential investments.
As further psychological research has repeatedly shown, the more details we consider about something, the more extreme our judgments become. In one example, students rated a university higher when told that only certain science departments, rather than all science departments, were ranked in the national top ten.
Clearly, failing to see things from a broad perspective can lead to some bad calls.
A breadth of experience and interest drives innovation.
Comic books can tell us a surprising amount about range and success. When Dartmouth business professor Alva Taylor and Henrik Greve from the Norwegian School of Management decided to examine the impact of individual breadth on creative impact, they chose to study comics.
Tracking the careers of comic creators and the commercial success of thousands of comic books from 1971 onward, they made some predictions about what would boost the average value of a comic. They predicted that the more comics a creator made, the better the comics would be. Further, they thought that the more resources a publisher had, the higher quality and more successful its product would be.
All these assumptions were wrong. Neither experience nor financial resources bred success. What did drive success was the breadth of a comic creator’s experience across comic genres. Of 22 genres, the more a creator had worked in, from comedy to crime, fantasy to non-fiction, the more successful they were. But this link between breadth and success isn’t just the case in creative or artistic worlds.
Andy Ouderkirk, an inventor at the multinational company 3M, was named Innovator of the Year in 2013 and has been named on 170 patents, a proxy for creative success. He became fascinated with what generates successful and inventive teams, so he started to do some research. He found that the inventors who were most likely to succeed within 3M and win the company’s Carlton Award, which recognized innovation, were not specialists. They were polymaths, people with one area of depth, but a great deal of expertise in other areas as well.
These polymaths tended to have many patents in their area of focus, but also repeatedly took expertise gathered in one area and applied it to another. A study of prestigious scientists led by Robert Root Bernstein, a Professor of Psychology at Michigan State University, confirm Ouderkirk’s findings. Comparing Nobel prize-winning scientists to other scientists, the figures show that Nobel laureates are a full 22 times more likely to be an amateur actor, magician, dancer or performer.
So, for any hiring managers out there looking for fresh talent, here’s a plea. Don’t just look for people who fit into your clearly-defined slots. Make some space for those who don’t fit so clearly into any one category. Their breadth of experience might be invaluable.
The experts and pundits that our society listens to are usually hopeless at making predictions.
During 20 years of the Cold War, world-renowned forecasting expert Philip Tetlock collected and assessed the predictions of 284 experts. He concluded that experts are absolutely terrible at making predictions about anything.
Tetlock found that an expert’s years of experience, academic degree and even ability to access classified information made no difference. When experts said that some potential event was impossible, it happened in 15 percent of cases. Events declared to be an absolute sure thing failed to occur 25 percent of the time.
And worryingly for anyone who listens to cable news, Tetlock found that there was a perverse and inverse relationship between fame and accuracy. The more an expert appeared in the news, the more likely they were to be wrong, or as Tetlock famously put it, “roughly as accurate as a dart-throwing chimpanzee.”
One of the problems was that many of the experts’ focus was too narrow. Having spent entire careers studying a single issue – say, US-Soviet relations – they tended to have explicit theories about how it worked. So, what makes a better forecaster of future events? Well, researchers like psychologist Jonathan Baron point to active open-mindedness – a willingness to question your own beliefs. Most of us fail at this, and can’t override our strong instinct to cherry-pick evidence that confirms our existing beliefs.
Consider a study run by Yale professor Dan Kahan. Pro and anti-Brexit voters were first tasked with interpreting a set of statistics about the effectiveness of a skin cream. Most participants completed the task successfully. But when presented with the same numbers framed as the link between crime and immigration, many of the participants misinterpreted the statistics according to their political beliefs. The same study has yielded similar results in the US on the topic of gun control.
So, how exactly can we combat our tendency to stick to our existing beliefs, despite the evidence? Kahan argues that one personality feature is important if we want to stay open-minded and think clearly about the world around us. Instead of scientific knowledge – how much you know – emphasize scientific curiosity – a desire to learn more, willingness to look at new evidence and ability to think with a genuinely open mind.
Now, let’s consider how we can embrace this kind of curiosity.
To be more of a generalist, you need to change your attitude toward learning and success.
See if you can answer this question correctly. Disease X has a prevalence of one in 1,000 people. The test for the disease has a false positive rate of five percent. What is the chance that someone receiving a positive test result has the disease?
If your answer was two percent, or 1.96 to be precise, you got it right. And in doing so, you did better than the 75 percent of physicians and students at Harvard and Boston University who got it wrong. Their most frequent answer was 95 percent.
The problem is straightforward if you know how to think about it. In a sample of 10,000 people, ten will have the disease and get a true positive. Five percent, or 500 people, will get a false positive. So out of the 510 people with a positive result, only 10, or 1.96% are ill. Sadly, many students aren’t taught to think openly about such problems. And this, according to Arturo Casadevall – a star in the world of microbiology and immunology – has to change.
In a new role at the Johns Hopkins Bloomberg School of Public Health, Casadevall is developing programs focused on an interdisciplinary understanding of topics such as philosophy, ethics, statistics and logic. One course, called “How do we Know What is True,” examines different types of evidence in various academic disciplines. “Anatomy of Scientific Error” encourages students to hunt for signs of misconduct or poor methodology in scientific research.
Casadevall hopes that, with a more rigorous grounding in reasoning and multidisciplinary thinking, students will be better prepared to make a real impact on our economy and society.
Of course, not all of us hold senior academic positions like Casadevall. What can we do to expand our range? Well, one thing is to embrace failure. Dean Keith Simonton, a creativity researcher, has shown that the more work creators produce, the more failures they produce, but they are also more likely to produce a superstar success. Thomas Edison, for instance, held over 1,000 patents, many of which were ultimately failures. But his successes, like the light bulb, were revolutionary.
Treading a wide-roaming, disorderly path of experimentation may not always bring instant results. But it may just be the best route to greatness in the end.
Final summary
The key message in these blinks: Embracing range, experimentation and breadth of experience is often a better road to success than specialization. Range demands patience, open-mindedness and scientific curiosity. If we can foster and exemplify these, the chances that we will generate major innovations and contribute significantly to our economy and society increase.
THINKING IN BETS BY ANNIE DUKES (COURTESY OF BLINKIST) CROUPIER COMPTABLE PSYCHOLOGY
Human minds tend to confuse decisions with their outcomes, which makes it hard to see mistakes clearly.
Super Bowl XLIX ended in controversy. With 26 seconds left in the game, everyone expected Seattle Seahawks coach Pete Carroll to tell his quarterback, Russell Wilson, to hand the ball off. Instead, he told Wilson to pass. The ball was intercepted, the Seahawks lost the Super Bowl, and, by the next day, public opinion about Carroll had turned nasty. The headline in the Seattle Times read: “Seahawks Lost Because of the Worst Call in Super Bowl History”!
But it wasn’t really Carroll’s decision that was being judged. Given the circumstances, it was actually a fairly reasonable call. It was the fact that it didn’t work.
Poker players call this tendency to confuse the quality of a decision with the quality of its outcome resulting, and it’s a dangerous tendency.
A bad decision can lead to a good outcome, after all, and good decisions can lead to bad outcomes
In fact, decisions are rarely 100 percent right or wrong. Our decision-making is like poker players’ bets. We bet on future outcomes based on what we believe is most likely to occur.
So why not look at it this way? If our decisions are bets, we can start to let go of the idea that we’re 100 percent “right” or “wrong," and start to say, “I’m not sure.” This opens us up to thinking in terms of probability, which is far more useful.Volunteering at a charity poker tournament, the author once explained to the crowd that player A’s cards would win 76 percent of the time, giving the other player a 24 percent chance to win. When player B won, a spectator yelled out that she’d been wrong. But, she explained, she’d said that player B’s hand would win 24 percent of the time. She wasn’t wrong. It was just that the actual outcome fell within that 24 percent margin.
If we want to seek out truth, we have to work around our hardwired tendency to believe what we hear.
We all want to make good decisions. But saying, “I believe X to be the best option” first requires good-quality beliefs. Good-quality beliefs are ideas about X that are informed and well thought-out. But we can’t expect to form good-quality beliefs with lazy thinking. Instead, we have to be willing to do some work in the form of truth-seeking. That means we have to strive for truth and objectivity, even when something doesn’t align with the beliefs we hold.
Focusing on accuracy and acknowledging uncertainty is a lot more like truth-seeking, which gets us beyond our resistance to new information and gives us something better on which to bet.
We can learn a lot from outcomes, but it’s difficult to know which have something to teach us.
The best way to learn is often by reviewing our mistakes. Likewise, if we want to improve our future outcomes, we’ll have to do some outcome fielding. Outcome fielding is looking at outcomes to see what we can learn from them.
To become more objective about outcomes, we need to change our habits.
Habits work in neurological loops that have three parts: cue, routine and reward. As Pulitzer-prize-winning reporter Charles Duhigg points out in his book The Power of Habit, the key to changing a habit is to work with this structure, leaving the cue and reward alone but changing the routine.
We can improve our decision-making by being part of a group, but it needs to be the right kind of group.
We’ve all got blind spots, which makes truth-seeking hard. But it’s a little easier when we enlist the help of a group. After all, others can often pick out our errors more easily than we can.
But to be effective, a group dedicated to examining decisions isn’t like any other. It has to have a clear focus, a commitment to objectivity and open-mindedness, and a clear charter that all members understand.
In a decision-examining group committed to objective accuracy, this kind of change is self-reinforcing. Increasing objectivity leads to approval within the group, which then motivates us to strive for ever-greater accuracy by harnessing the deep-seated need for group approval that we all share.
To work together productively, a group needs CUDOS.
Shared commitment and clear guidelines help define a good-quality decision-examining group. But once you’ve got that group, how do you work within it?
You can start by giving each other CUDOS.
CUDOS are the brainchild of influential sociologist Merton R. Schkolnick, guidelines that he thought should shape the scientific community. And they happen also to be an ideal template for groups dedicated to truth-seeking. The C in CUDOS stands for communism. If a group is going to examine decisions together, then it’s important that each member shares all relevant information and strives to be as transparent as possible to get the best analysis. It’s only natural that we are tempted to leave out details that make us look bad, but incomplete information is a tool of our bias. U stands for universalism – using the same standards for evaluating all information, no matter where it came from. When she was starting out in poker, the author tended to discount unfamiliar strategies used by players that she’d labeled as “bad.” But she soon suspected that she was missing something and started forcing herself to identify something that every “bad” player did well. This helped her learn valuable new strategies that she might have missed and understand her opponents much more deeply. D is for disinterestedness and it’s about avoiding bias. As American physicist Richard Feynman noted, we view a situation differently if we already know the outcome. Even a hint of what happens in the end tends to bias our analysis. The author’s poker group taught her to be vigilant about this. But, teaching poker seminars for beginners, she would ask students to examine decision-making by describing specific hands that she’d played, omitting the outcome as a matter of habit. It left students on the edge of their seats, reminding them that outcomes were beside the point! “OS” is for organized skepticism, a trait that exemplifies thinking in bets. In a good group, this means collegial, non-confrontational examination of what we really do and don’t know, which keeps everyone focused on improving their reasoning. Centuries ago, the Catholic church put this into practice by hiring individuals to argue against sainthood during the canonization process – that’s where we get the phrase “devil’s advocate.”
If you know that your group is committed to CUDOS, you’ll be more accountable to these standards in the future. And the future, as we’ll see, can make us a lot smarter about our decisions.
To make better decisions, we need to spend some time in the future.
Temporal Discounting – making decisions that favor our immediate desires at the expense of our future self – is something we all do.
We can also recruit our future feelings using journalist Suzy Welch’s “10-10-10.” A 10-10-10 brings the future into the present by making us ask ourselves, at a moment of decision, how we’ll feel about it in ten minutes, ten months and ten years. We imagine being accountable for our decision in the future and motivate ourselves to avoid any potential regret we might feel.
Backcasting, imagining a future in which everything has worked out, and our goals have been achieved, and then asking, “How did we get there?" This leads to imagining the decisions that have led us to success and also recognizing when our desired outcome requires some unlikely things to happen. If that’s the case, we can either adjust our goals or figure out how to make those things more likely.
Premortems are when we imagine that we’ve failed and ask, “What went wrong?" This helps us identify the possibilities that backcasting might have missed. Over more than 20 years of research, NYU psychology professor Gabrielle Oettingen has consistently found that people who imagine the obstacles to their goals, rather than achieving those goals, are more likely to succeed.
Final summary
The key message in these blinks: You might not be a gambler, but that’s no reason not to think in bets. Whether or not there’s money involved, bets make us take a harder look at how much certainty there is in the things we believe, consider alternatives and stay open to changing our minds for the sake of accuracy. So let go of “right” and “wrong” when it’s decision time, accept that things are always somewhat uncertain and make the best bet you can.
Side Note: I think there is a link between Poker and Financial Psychopathy & Cerebral Narcissism because of the Rewiring of the Brian Benefits of Poker through Dopamine Release.
PITCH ANYTHING BY OREN KLASS (COURTESY OF BLINKIST)
PITCH ANYTHING is a fast-paced narrative packed with crystal clear examples illustrating the unique S.T.R.O.N.G. Method, which takes advantage of how the brain really works by Setting the Frame; Telling the Story; Revealing the Intrigue; Offering the Prize; Nailing the Hookpoint; and Getting a Decision.
You must tailor your pitch to the audience’s croc brains.
Everyone should learn to pitch ideas well. In every profession, from dentistry to investment banking, there comes a time when you must convince someone of something. Unfortunately, there is a gap between what we are trying to tell our audience and how they perceive it. To understand this gap and overcome it, we must look at the evolution of the human brain.
Basically, the human brain has evolved in three separate stages, resulting in three distinct parts: the primitive reptilian part, the croc brain, developed first. It’s a simple device primarily focused on survival and it can generate strong emotions, like the desire to flee a predator. Next, the midbrain developed. It allows us to understand more complex situations, such as social interactions. Finally, the sophisticated neocortex evolved, facilitating reasoning and analysis to understand complex things.
When you pitch, you use your neocortex to put into words the ideas you are trying to convey. Unfortunately, your audience doesn’t at first process these ideas with their neocortices. Instead, it is the audience’s primitive croc brains that receive the ideas and they ignore everything that is not new and exciting. Worse still, if your message seems abstract and unfathomable to the croc brain, it might perceive the message as a threat. This will make your audience want to flee to escape the situation.
This is why you must tailor your pitch to the croc brain. Since croc brains are simple, your message should be clear, concrete and focused on the big picture. You also need to ensure the croc brain sees your message as something positive and novel, which deserves to be passed on to the higher brain structures.
To secure your target’s attention, you must create desire and tension.
The one critical thing you need throughout your pitch is the attention of your target. To successfully attain this, research has shown that you must evoke two sensations in your pitch: desire and tension. Desire arises when you offer your target a reward, and tension arises when you show them they might lose something, like an opportunity, as a result of this social encounter. On a neurological level, this effectively floods your target’s brain with two neurotransmitters: dopamine and norepinephrine.
Dopamine is a chemical associated with anticipating rewards — desire. One such reward would be the pleasure of understanding something new, such as solving a puzzle. Thus, to increase the level of dopamine in your target’s brain, you must introduce novelty through a pleasant surprise, like an unexpected yet entertaining product demo.
Norepinephrine, on the other hand, is the chemical responsible for alertness and it creates tension in the target. If your pitch convinces them that there is a lot at stake here, their brains will be flooded with norepinephrine.
To create tension, you must create a bit of low level conflict with a push-pull strategy. This means first saying something to push the target away, like, “Maybe we aren’t a good match for each other.” You then counter this by pulling the target back toward you with something like, “But if we are, that would be terrific.”
This push-pull dynamic creates alertness in the target, as they sense that they might lose this opportunity. Depending on the situation, you may use very powerful push-pull statements, especially if you sense your target’s attention beginning to wane.
To control a meeting, you must first establish frame control.
Different people will see any given situation from a different perspective or point of view based on their intelligence, ethics and values. These perspectives are called frames, and they dictate how we perceive social situations such as meetings and sales pitches. Frames also determine who controls those situations.
When two people meet, their individual frames crash into each other. Only one frame can survive such an encounter — the stronger one. For example, let’s assume a cop pulls you over for speeding. He has a strong moral-authority frame and you only have a weak “I’m so sorry officer”-frame. It is clear that when your frames clash, his frame will prevail. This means he will control every aspect of the encounter: from its duration to its content and tone.
You will often face a similar clash of frames in a business environment; for example, a customer may be focused on the price of your product while you are focused on its quality. You will both try to get the other to focus on what you think is important.
If it is your frame that survives this clash, you will have frame control in the situation meaning your ideas and statements will be accepted as facts by the customer. This is a crucial advantage in any pitch. Without frame control, you are unlikely to convince anyone of anything.
You will often encounter the power frame, time frame and analyst frame, hence you must know how to counter them.
In a pitch or sales meeting you will often encounter certain archetypes of frames, and it is important you choose strong with which to counter them.
Typically, your target will use the power frame which exudes arrogance. You must not do anything that validates the other person’s power. Instead, use small acts of defiance and denial to bust the frame; for example, by yanking your presentation material away from the target if they do not seem to be taking it seriously.
Another oft-used frame is the time frame, where your customer asserts control over time: “I only have ten more minutes.” This is meant to push you off balance, but you can always counter with: “That’s fine, I only have five.”
A particularly lethal frame is the analyst frame, denoted by a fixation on details and numbers. If your opponent is in this frame, they will likely insist on drilling down into minor technical and financial details, effectively bogging down your pitch.
In such situations, give a direct but high-level answer to the question asked and get right back to your pitch. Analysis comes later. Before more questions come up, counter the analyst frame with your own intrigue frame. This basically means you tell a compelling personal story and leave it unfinished as a cliffhanger: “… so there we were, in a pitch black, falling airplane with no idea what was going to happen. Anyway, back to the pitch …" This redirects the focus of the room onto you and makes the discussion personal once again.
Use prizing to make the target seek your acceptance.
The most important frame you should be able to use is the prize frame, as it works in a variety of situations against many opposing frames.
Typically when you’re selling something or pitching an idea, your target will tend to see their money as the “prize” of the meeting, something you have to fight for. You must reframe the situation so that you are the prize and they would be lucky to do business with you.
Because people tend to want things they can’t have, prizing yourself will make your target work for your acceptance instead of the other way around. BMW does this with a special-edition M3. The company demands prospective buyers sign a contract assuring they will take proper care of the car, otherwise they cannot buy one.
In a pitching situation, never engage in behavior that makes it seem as if you are chasing the target, for example by agreeing to last minute schedule changes or trying to prematurely close the deal by saying things like, “So, what do you think so far?” Such behavior only reinforces the impression that the target is the prize. Instead, get your target to explicitly qualify themselves to you; for example, you could say, “I am very particular about with whom I work. Why should I do business with you?” This usually catches them off guard and they start trying to impress you.
Stack frames to trigger hot cognitions.
Contrary to popular belief, we are more prone to making choices instinctively than through rational analysis. In fact, we often make a decision about something before we even fully understand it and only later come up with reasons for that decision. These gut calls are called hot cognitions, whereas the decisions arrived at through rational reasoning are known as cold cognitions.
After you’ve introduced your big pitch idea, you want to trigger hot cognitions within your target. These will make him or her want what you have to offer in mere seconds, instead of analyzing your pitch for days to reach a rational, cold decision. You trigger the hot cognitions by stacking frames, meaning you introduce multiple frames in quick succession.
The first frame is the intrigue frame: you tell your target a compelling story, a personal narrative where a dilemma is solved. At the crucial juncture, you stop telling the story, leaving your target on the edge of their seat, ensuring their full attention.
Next, you pile on the prize frame, where you flip the tables on the target: instead of trying to impress them, make them qualify themselves to you. You could say something like, “This deal has so many investors after it, I have to choose who to take on board.”
After this, you stack on the time frame by adding time pressure to the pitch: “Unfortunately, this is a limited-time offer, and the train, so to speak, is leaving the station on Monday.” This will make the target feel like they are losing an opportunity, at which point they will want it even more.
By triggering all these hot cognitions in the target, you will leave them drooling for what you have to offer.
Don’t be needy – make the target chase you.
Neediness, otherwise known as validation-seeking behavior, is a sign of weakness and it can be absolutely fatal to your pitch. If you act needy, the audience will sense you are weak and their primitive croc brains will classify your proposal as a threat – to their money. This can easily push you into a vicious cycle where the audience becomes more and more distant due to your neediness, which in turn makes you anxious and even needier!
To negate neediness, you can use a simple three-step formula based on the movie The Tao of Steve, where the protagonist, Dex, follows a pseudo-Taoist philosophy to pick up women.
First, try to eliminate your desires, at least in the eyes of the target. If they have something you desperately want, this will translate as neediness in you. To negate this, make it clear to the target that you do not need them.
Second, focus on the things you do well, your strengths. Demonstrate something that showcases your excellence. Dex, for instance, was great with children and made sure the target of his affections saw this. Similarly, you must demonstrate excellence in front of your target.
Third, withdraw. At the crucial moment when your target expects you to chase them for their money, withdraw instead by saying something like, “I’m not totally convinced we’re a good match for each other.” This will make them chase you, much like the women in the Tao of Steve chased Dex.
To pitch effectively, you must attain situational alpha status.
Status plays a vital part in any social encounter. In any meeting, a dominant member known as an alpha emerges, while others take subordinate beta-positions. It is very difficult to be persuasive from a beta-position; hence, you must grab alpha status.
Though some elements of status, like your reputation or wealth, are quite stable, situational status can vary immensely; for example, while a successful surgeon has considerably higher social status than a golf teacher, the teacher is still the alpha during a golf lesson.
Often your pitch targets will lay so-called beta traps to force you into the situational beta position; for example, being made to wait in the lobby is a classic beta trap.
You must try to ignore these traps and avoid doing anything that enforces your opponent’s alpha status. Instead, use small acts of defiance and denial to grab the situational alpha status for yourself as soon as you can.
Say a customer has made you wait in the lobby. Once in the meeting room, you could begin examining some papers on the table in front of you. When the customer peeks at them, you could yank them away and say something like, “Nope, not until I’m ready.” If done in a good-natured, half-joking manner, this enforces your alpha position.
Once you have alpha status, you must then steer the discussion into a direction where you are the expert, much like the golf professional talks about golf, not heart surgery, when teaching the surgeon. To solidify your status, force your opponent to say something that reinforces your alpha position with a good-natured jest, like, “Remind me, why on earth should I work with you guys on this?”
Keep your pitch short and simple.
Before you begin any pitch, let your target know you will keep the presentation short. This will put them at ease. When Watson and Crick presented their Nobel Prize-winning idea of the DNA helix, they only needed five minutes. If you know what you are doing, you can pitch anything in twenty.
Start your pitch by introducing yourself. This does not mean rattling off your entire résumé but just outlining your greatest successes, like projects where you really did something impressive.
Most people will be tempted to jump right to the “big idea” for which they’re trying to get financing. But before you get to it, you should address one crucial concern in your target’s mind. Namely, you must explain why now is the right time to invest.
Rather than a long and complex analysis, simply outline the economic, social and technological forces which make your deal unmissable right now. Economic forces that benefit your pitch, for example, could be your target customers becoming wealthier and interest rates going down, the social forces could be the rising consumer concern for the environment, and the technological force could be the development of the electric car. You must present these forces in a way that shows a window of opportunity has recently opened but will not remain open forever.
The three forces set the stage and paint a backstory for your big idea, which should also be kept brief and simple. Use an established “recipe” for this: “For [target customers] who are dissatisfied with [current offerings on the market]. My product is a [new idea] that provides [solution to key problem] unlike [competing product]. My product has [key product features].”
That’s it. The time for details comes later.
Final summary
The key message in this book is: In any social encounter where you aim to be persuasive, it is vital that you seize control of the situation and ensure the target sees your pitch through the frame of mind you have chosen. At the same time, you must cater your pitch so that on a neurological level, the target’s brain works for you, not against you.
TRIBES BY SETH GODIN (COURTESY OF BLINKIST)
All Tribes Share 3 Components
A Group of People
A Common Cause
At least one Leader who Represents and Organizes the Tribe
The most important feature for a tribe is the shared cause.
A tribe’s shared cause leads its members to internalize the tribe’s values and ideas as their own. These internalized incentives make tribe members into driven believers instead of mere followers
Don’t engineer your ideas for the masses: make it exclusive and meaningful for a distinct group of people.
Apple set out to produce a new kind of phone that almost no one would initially like, but that a few people would really love.
With today’s technology, everyone can form and lead a tribe.
The first thing to know is that people need to be able to communicate intensely about their shared cause. This means that communication can’t just be vertical – between you (the leader) and the individual tribe members – more importantly, it must be horizontal, between tribe members.
With today’s technology, you have everything you need to facilitate both vertical and horizontal communication. Websites, blogs and social networks allow you not only to spread your cause, but also provide the room and the tools for your tribe to communicate, share ideas and organize. For example, you can use Basecamp to organize projects, and Twitter to share brief updates about developments. At the same time, these websites allow you to set ground rules for participation, and align everyone with your common vision by setting specific goals.
If you have a meaningful cause and the will to lead, people will follow.
Have you ever wondered how many people make up a movement? The answer is around 1,000: that’s the amount of true believers you need for a group to keep moving.
Creating a movement is about organizing an existing yearning into a way that tribe members can connect with each other, and form a movement under your leadership.
As former U.S. Senator Bill Bradley defines it, a movement contains three elements: A narrative that tells the story of the future you’re trying to build; a connection between the leader and the tribe and among the tribe members; and something to do – the fewer limits, the better.
When forming a tribe, don’t worry about making it grow – concentrate on tightening connections.
At least in the beginning, a tribe’s biggest advantage is not its size, but the multiple connections between the members, the leader and the outside world.
In fact, a tribe has four different directions of communication: Leader to tribe, tribe to leader, tribe members to one another and tribe member to outsider. Normal marketing pales in comparison, with communication generally only in one direction: company to market.
The most important of these directions is the communication between members. And this is where tightening a tribe comes in.
Tightening a tribe means bringing members closer together by facilitating communication and tightening their common bonds. You can do this by transforming a shared interest into one passionate goal, and by providing a platform for members to easily connect with each other.
Or you can harness the power of insiders and outsiders. To create a feeling of cohesion, you have to develop a culture of insiders – which inevitably excludes others. This allows the tribe to differentiate itself from other tribes, and create a stronger sense of internal identification.
Leadership is about stepping into a vacuum and creating motion.
For a tribe to form there has to be a particular change that people want to see made. This need for change has to come from a certain discomfort with the status quo, from a sense that there is something missing in the world. A leader steps right into this discomfort zone – the vacuum – and starts to organize so people will follow him.
Leaders do this despite the risks because of two things: they have faith in the cause and they know that innovation is always more effective the earlier it happens – so the sooner the better.
To make the world a better place, we need more heretics and less sheepwalkers.
What we need in the world are more heretics: people who question the status quo and the existing dogmas, and take action without asking for permission. Organizations need more heretics to advocate change from the inside: because if you hire amazing people and give them freedom, they will do amazing things. And tribes need heretics as leaders to break into new territory and help change the world.
ARMED ROBBERY INFLUENCE PASSING ATHLETE
Generalist Kinaesthetic Learners VAMMMBRGC
Volleyball
Acting
Modeling
Music
Martial Arts
Ballet (Female Only)
Rings Gymnastics (Male Only)
Graffiti (Art)
Cooking (Endorsements)
Characteristics
Suddenness
Speed
Intense
Aggressive Intervention for the Victim
Maximum Masking his own Contribution
Choosing the appropriate moment to attack and target the more vulnerable and defenseless victims.
Roles: The Bosses
**The Mastermind: The leader, who found the target, calls the shots, and thought up the plan. Usually the most experienced in the business as well, and very respected by their crew otherwise they wouldn't be able to keep all these amoral people in line. Compare The Chessmaster (Bullet Chess), The Captain, the Big Bad. May or may not have been the one to put the team together
**The Partner In Crime: The leader's second-in-command, who assists The Mastermind in plan-making and usually almost equally as experienced. Depending on the nature of the crew, he might be the only one besides The Mastermind who actually knows what's going on. May overlap with other roles. Compare The Lancer, The Dragon, the Number Two.
**The Backer: The Client who is paying for everything. Sometimes he has a deadline or is fussy in some other way that influences the crew's actions. Usually only The Mastermind and his Partner interact much with him. There isn't always a backer though, sometimes the crew front the money themselves and fence it hoping to make back enough for a profit.
Business Equity Heist
Scatter Site Shares Appreciation Rights Social Club
Bullet Chess Influenced Robbery
Preparation: The first step in creating such a good repertoire is to understand that memorization comes in a distant second to an appreciation of the ideas behind your opening moves
Prophylaxis*: In the game of chess, prophylaxis or a prophylactic move is a move that stops the opponent from taking action in a certain area for fear of some type of reprisal. Prophylactic moves are aimed at not just improving one's position, but preventing the opponent from improving their own.
Pre-Move: This is when you make your move *before* the opponent has taken their turn. Helps with Time and Creates psychological pressure.
Tactical Vision: Tactics are maneuvers that take advantage of short-term opportunities. They can support your strategy and/or destroy your opponent's plan and ideas. Tactical and combinational themes must be mastered.
Opening Game: A chess opening is the group of initial moves of a chess game. In addition to referring to specific move sequences, the opening is the first phase of a chess game,
Middle Game: The middlegame in chess is the portion of the game in between the opening and the endgame, though there is no clear line between the opening and middlegame or between the middlegame and endgame. Theory on the middlegame is less developed than the opening or endgames.
Development: It is important to develop your whole Army. Note the word whole. Some players get a few pieces out and launch an attack. The necessity for quick development depends on the type of Center that exists. For example, if the center is closed, development is not necessarily a priority because the enemy pieces won't be able to break into your position. However, if the center is open, development takes on a great significance
Initiative**: The side that forces it's ideas on a reacting opponent and Are making believable threats or responding to threats.
Dynamic Advantage: A dynamic Advantage centers around temporary items like development, the initiative, and more active pieces. Make sure you make use of this Dynamic plus before the opponent catches up in development, initiative runs dry, or you're active pieces are exchanged
Compensation: If you give up something (space, structural weakness, squares, material) and get nothing in return you are in trouble. However if you give up the same imbalances (space, structural weakness, squares, material) in exchange for different types of imbalance you are said to have compensation for whatever it is you gave up
Material Advantage: A material advantage goes to the player who has more and/or stronger pieces.
End Game: In chess and chess-like games, the endgame is the stage of the game when few pieces are left on the board. The line between middlegame and endgame is often not clear, and may occur gradually or with the quick exchange of a few pairs of pieces.
KEY MOTIFS
Mr. & Mrs Smith, Physical Fitness, Force-Velocity Curve Stimulus-Fatigue-Recovery-Adaptation Performance Training, Circuits, Networking, Chaárms or Athena Venus-Mercury Cusp Births, Triple Decker Projects with Sand Volleyball Courts, Brand Activation Modelling, Sports Larceny & Contract Racketeering, Sports for Orphans Charities, Short Film Series Acting, Polyglot, Industrial-Organizational Psychologist and Mergers & Acquisitions Bankers Advisory Team
KEY VALUES
Brass Knuckles as Weapons, Decadence, Socratic Methods Game Theory, Poker Country Clubs with Sports Betting Investment Trust, Red Bull Music Festivals, Athletic excellence, Sports Performance Centers, Med Spas, Patchwork Tattoos, Pastel Goth, Pastel Wavy Hair, Video Games, Real Estate Investment Groups, Scatter-site Share Appreciation Rights Social Club, Art House and Management Companies, Business Incubators and Startups Accelerators Collaboration Holding Company, Syncretism of Athena through Occult Magic to Warrior Spirits, Law Education EdTech Sponsor and Provider, Armed Robbery Sports Playbooks, Force-Velocity Curve Physique, Smurfing, Sports Betting, Poker Tournaments, Enterprise Foundations, Rental Properties, and Overview of the Nevada Economy: The top three sectors by total employment are Real Estate and Rental and Leasing, Accommodation and Food Services, Retail Trade, while the unemployment rate across the state in 2022 was 4.8%.
AESTHETIC THEORIES
Subjective
Based on or influenced by personal feelings, tastes, or opinions
Precarious Balance
Precariously: If something is happening or positioned precariously, it's in danger. A glass could be precariously balanced on the edge of a table. If something is on the verge of danger, then the word precariously fits.
Semblance
Semblance is generally used to suggest a contrast between outward appearance and inner reality.
Phantasmagorical
Having a fantastic or deceptive appearance
adjective. having a fantastic or deceptive appearance, as something in a dream or created by the imagination. having the appearance of an optical illusion, especially one produced by a magic lantern.
Law of Polarity in Relationships
In any successful relationship that has an intimate connection and sexual attraction, there is polarity. What does this mean exactly? Polarity in relationships is the spark that occurs between two opposing energies: masculine and feminine. Gender does not affect whether you have masculine or feminine energy.
Second Reflection
Burden Aesthetics with Intentions
The Second Reflection lays hold of the Technical Procedures
CRIMINOLOGY THEORIES
Choice Theory: The belief that individuals choose to commit a crime, looking at the opportunities before them, weighing the benefit versus the punishment, and deciding whether to proceed or not.
Classical Theory: Similar to the choice theory, this theory ascertains that people think before they proceed with criminal actions; that when one commits a crime, it is because the individual decided that it was advantageous to commit the crime.
Critical Theory: Critical theory upholds the belief that a small few, the elite of the society, decide laws and the definition of crime; those who commit crimes disagree with the laws that were created to keep control of them.
Labeling Theory: Those who follow the labeling theory of criminology ascribe to the fact that an individual will become what he is labeled or what others expect him to become; the danger comes from calling a crime a crime and a criminal a criminal.
Life Course Theory: The theory that a person’s “course” in life is determined by short (transitory) and long (trajectory) events in his life, and crime can result when a transitory event causes stress in a person’s life causing him to commit a crime against society.
Positivist Theory: The positivist rejects the idea that each individual makes a conscious, rational choice to commit a crime; rather, some individuals are abnormal in intelligence, social acceptance, or some other way, and that causes them to commit crime.
Rational Choice Theory: Reasons that an individual thinks through each action, deciding on whether it would be worth the risk of committing a crime to reap the benefits of that crime, whether the goal be financial, pleasure, or some other beneficial result.
Routine Activity Theory: Followers of the routine activity theory believe that crime is inevitable, and that if the target is attractive enough, crime will happen; effective measures must be in place to deter crime from happening.
Social Learning Theory: Social learning indicates that individuals learn from those around them; they base their morals and activities on what they see others in their social environment doing.
Strain Theory: The theory holds that individuals will turn to a life of crime when they are strained, or when they are unable to achieve the goals of the society, whether power, finance, or some other desirable goal.
Trait Theory: Those who follow the trait theory believe that individuals have certain traits that will contribute to whether or not they are capable of committing a crime when pushed in a certain direction, or when they are in duress.
Consensual or Victimless Crime: Consensual crime refers to crimes that do not directly harm other individuals or property. Rather, individuals choose to participate in risky behaviors that may be considered against the law. This includes indulging in drug use, prostitution, or obscenity.
CROUPIER ACCOUNTING
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Good News - April 1-7
Like these weekly compilations? Support me on Ko-fi! Also, if you tip me on here or Ko-fi, at the end of the month I’ll send you a link to all of the articles I found but didn’t use each week - almost double the content! (I’m new to taking tips on here; if it doesn’t show me your username or if you have DM’s turned off, please send me a screenshot of your payment)
1. Three Endangered Asiatic Lion Cubs Born at London Zoo
“The three cubs are a huge boost to the conservation breeding programme for Asiatic lions, which are now found only in the Gir Forest in Gujarat, India.”
2. United Nations Passes Groundbreaking Intersex Rights Resolution
“The United Nations Human Rights Council has passed its first ever resolution affirming the rights of intersex people, signaling growing international resolve to address rights violations experienced by people born with variations in their sex characteristics.”
3. Proposal to delist Roanoke logperch
“Based on a review of the best available science, the U.S. Fish and Wildlife Service (Service) has determined that the Roanoke logperch, a large freshwater darter, is no longer at risk of extinction. […] When the Roanoke logperch was listed as endangered in 1989, it was found in only 14 streams. In the years since, Roanoke logperch surveys and habitat restoration have more than doubled the species range, with 31 occupied streams as of 2019.”
4. Fully-Accessible Theme Park Reopens Following Major Expansion
“Following the $6.5 million overhaul, the park now offers [among other “ultra-accessible” attractions] a first-of-its-kind 4-seat zip line that can accommodate riders in wheelchairs as well as those who need extra restraints, respiratory equipment or other special gear.”
5. ‘The Javan tiger still exists’: DNA find may herald an extinct species’ comeback
“A single strand of hair recovered from [a sighting] is a close genetic match to hair from a Javan tiger pelt from 1930 kept at a museum, [a new] study shows. “Through this research, we have determined that the Javan tiger still exists in the wild,” says Wirdateti, a government researcher and lead author of the study.”
6. Treehouse Village: Eco-housing and energy savings
““The entire place is designed and built to meet the passive house standard, which is the most energy-efficient construction standard in the world,” says resident Wayne Groszko, co-owner of one of the units at Treehouse.”
7. 50 rare crocodiles released in Cambodia's tropical Cardamom Mountains
“Cambodian conservationists have released 50 captive-bred juvenile Siamese crocodiles at a remote site in Cambodia as part of an ongoing programme to save the species from extinction.”
8. The Remarkable Growth of the Global Biochar Market: A Beacon of Environmental Progress
“Biochar, a stable carbon form derived from organic materials like agricultural residues and forestry trimmings, is a pivotal solution in the fight against global warming. By capturing carbon in a stable form during biochar production, and with high technology readiness levels, biochar offers accessible and durable carbon dioxide removal.”
9. 'Seismic' changes set for [grouse shooting] industry as new Scottish law aims to tackle raptor persecution
“Conservation scientists and campaigners believe that birds such as golden eagles and hen harriers are being killed to prevent them from preying on red grouse, the main target species of the shooting industry. […] Under the Wildlife Management and Muirburn Bill, the Scottish grouse industry will be regulated for the first time in its history.”
10. White House Awards $20 Billion to Nation’s First ‘Green Bank’ Network
“At least 70 percent of the funds will go to disadvantaged communities, the administration said, while 20 percent will go to rural communities and more than 5 percent will go to tribal communities. […] The White House said that the new initiative will generate about $150 billion in clean energy and climate investments[…].”
March 22-28 news here | (all credit for images and written material can be found at the source linked; I don’t claim credit for anything but curating.)
#hopepunk#good news#lion#conservation#zoo#india#intersex#lgbt rights#human rights#fish#endangered#disability#accessibility#amusement park#tiger#big cats#extinction#extinct species#ecofriendly#affordable housing#energy efficiency#crocodiles#global warming#climate change#scotland#raptor#eagles#hunting#solar panels#solar energy
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Ben Norton on China
If you look at global poverty reduction, nearly 3/4 of global poverty reduction since 1981 has occurred inside China.
According to data on inequality between countries, if you removed China, there has been virtually no reduction of global inequality.
Further, if you measure an economy by Purchasing Power Parity rather than GDP which makes much more sense since China does not use US Dollars, you can see here that China overtook the United States as the world's largest economy beginning in 2014.
China's economic growth since 1990 is stunning.
As can be seen from this graph, China's economy, despite its massive population, had an economy equal to that of Haiti's or Sudan's, some of the poorest countries on earth, but today outsizes the United States and outproduces the entire Western bloc.
The United States economy is mostly just speculation while China produces the goods and services the entire world depends on.
China has focused its policies on its economic, agricultural, manufacturing, and energy sovereignty, making it one of the most independent countries on earth.
Sovereignty is the key to Marxist development, or any development for that matter. You can't have any ism, whether Capitalism, Socialism or Anarchism, before you have your sovereignty and independence.
China has and is building economic sovereignty, food sovereignty, technological sovereignty, medical sovereignty, military sovereignty, eliminating the Western colonization of nearly all of its markets.
There is so much more to this video and Ben Norton's analysis. You'll have to watch this incredibly long video if you want to learn more.
#china#china news#china analysis#analysis#political analysis#geopolitics#geopolitics news#geopolitical news#geopolitical events#international affairs#international news#international politics#world news#global news#socialism#communism#marxism leninism#socialist politics#socialist news#socialist worker#socialist revolution#socialist analysis#socialist#marxism#communist#marxist leninist#workersolidarity#worker solidarity#WorkerSolidarityNews#politics
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Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030
The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.
Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.
Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.
Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market
Detailed Segmentation:
Market Concentration & Characteristics
The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.
Market Dynamics
The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.
Component Insights
On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.
Growing Mechanism Insights
The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.
Crop Category Insights
The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022.
Structure Insights
The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.
Regional Insights
In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030.
• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030.
Key Companies & Market Share Insights
Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.
• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.
• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.
Key Vertical Farming Companies:
• AeroFarms (U.S.)
• Illumitex, Inc. (U.S.)
• American Hydroponics (U.S.)
• Agrilution GmbH
• Brightfarms Inc.
• Everlight Electronics Co., Ltd.
• Freight Farms
• GrowUp Urban Farms Ltd.
• Green Sense Farms, LLC
• Vertical Farm Systems.
Vertical Farming Market Segmentation
Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region
Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)
• Shipping Container
• Building-based
Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)
• Hardware
o Lighting
o Hydroponic components
o Climate control
o Sensors
• Software
• Services
o System Integration & Consulting
o Managed Services
o Assisted Professional Services
Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)
• Hydroponics
• Aeroponics
• Aquaponics
Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)
• Fruits Vegetables, & Herbs
o Tomato
o Lettuce
o Bell & Chili Peppers
o Strawberry
o Cucumber
o Leafy Greens (excluding lettuce)
o Herbs
o Others
• Flowers & Ornamentals
o Perennials
o Annuals
o Ornamentals
• Others (Cannabis, Microgreens)
Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
o Singapore
o South Korea
• South America
o Brazil
• Middle East and Africa (MEA)
Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.
Recent Developments
• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.
• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.
#Vertical Farming Market#Vertical Farming Market size#Vertical Farming Market share#Vertical Farming Market analysis#Vertical Farming Industry
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Navigating the Indian Investment Landscape: A Comprehensive Guide for International Investors
India, with its vibrant economy, diverse market opportunities, and favorable regulatory environment, has emerged as an attractive destination for international investors seeking high returns and long-term growth prospects. From burgeoning sectors like technology and e-commerce to traditional industries such as manufacturing and agriculture, India offers a wealth of investment opportunities for savvy investors. In this comprehensive guide, we'll explore the Indian investment landscape, highlighting key sectors, regulatory considerations, investment strategies, and tips for international investors looking to capitalize on India's growth story.
Understanding the Indian Investment Landscape:
1. Economic Overview: India is the world's sixth-largest economy by nominal GDP and one of the fastest-growing major economies globally. With a young and dynamic population, a burgeoning middle class, and increasing urbanization, India offers a vast consumer market and a favorable demographic dividend for investors.
2. Key Investment Sector: India's economy is diverse and offers investment opportunities across various sectors. Some of the key sectors attracting international investors include:
- Information Technology (IT) and Software Services
- E-commerce and Digital Payments
- Healthcare and Pharmaceuticals
- Renewable Energy and Clean Technology
- Infrastructure and Real Estate
- Manufacturing and Automotive
- Agriculture and Agribusiness
3. Regulatory Environment: India has implemented several reforms to streamline its regulatory environment and improve the ease of doing business for investors. The government has introduced initiatives such as Make in India, Startup India, and Digital India to encourage investment, innovation, and entrepreneurship. Additionally, foreign direct investment (FDI) policies have been liberalized across various sectors, allowing greater foreign participation in the Indian economy.
4. Taxation and Legal Considerations: International investors should familiarize themselves with India's tax laws, regulations, and legal frameworks before making investment decisions. India has a progressive tax regime with corporate tax rates varying based on business structure, industry, and income levels. It's advisable to consult with tax advisors and legal experts to navigate the complexities of India's taxation and legal landscape.
Investment Strategies for International Investors:
1. Market Research and Due Diligence: Conduct thorough market research and due diligence to identify investment opportunities aligned with your investment objectives, risk tolerance, and sector preferences. Evaluate market trends, competitive dynamics, regulatory changes, and macroeconomic indicators to make informed investment decisions.
2. Diversification: Diversify your investment portfolio across different asset classes, sectors, and geographic regions to mitigate risks and maximize returns. Consider allocating capital to both high-growth sectors such as technology and healthcare, as well as stable sectors like infrastructure and consumer goods.
3. Long-Term Perspective: Adopt a long-term investment perspective when investing in India. While short-term market volatility and regulatory changes may occur, India's economic fundamentals remain strong, offering attractive growth prospects over the medium to long term. Patient investors can capitalize on India's demographic dividend and structural reforms to generate significant returns.
4. Partnering with Local Experts: Partnering with local investment advisors, financial institutions, and legal experts can provide valuable insights and guidance on navigating the Indian investment landscape. Local expertise can help international investors navigate regulatory hurdles, identify investment opportunities, and mitigate operational risks effectively.
5. Investment Vehicles: Evaluate different investment vehicles available for investing in India, including direct investments, private equity funds, venture capital funds, and mutual funds. Each investment vehicle offers unique benefits and risks, so it's essential to assess their suitability based on your investment goals and risk appetite.
Tips for International Investors:
1. Stay Informed: Stay updated on market developments, regulatory changes, and economic trends affecting the Indian investment landscape. Follow reputable financial news sources, attend industry conferences, and engage with local experts to stay informed and make timely investment decisions.
2. Network and Build Relationships: Networking with industry professionals, government officials, and fellow investors can provide valuable insights and access to investment opportunities in India. Join industry associations, attend networking events, and leverage social media platforms to expand your network and build relationships in the Indian business community.
3. Be Patient and Persistent: Investing in India requires patience, persistence, and a long-term commitment. Building relationships, navigating regulatory hurdles, and achieving investment success take time and effort. Stay focused on your investment goals, adapt to changing market conditions, and remain resilient in the face of challenges.
4. Seek Professional Advice: Consult with financial advisors, tax consultants, and legal experts specializing in India to seek professional advice tailored to your specific investment needs. Expert guidance can help you navigate regulatory complexities, optimize tax efficiency, and maximize returns on your investments in India.
5. Cultural Sensitivity: Recognize and respect cultural differences when conducting business in India. Building strong relationships and trust with local partners and stakeholders requires understanding and appreciating Indian customs, traditions, and business etiquette.
6. Risk Management: Assess and manage risks effectively by diversifying your investment portfolio, conducting thorough due diligence, and implementing risk mitigation strategies. Consider geopolitical risks, currency fluctuations, regulatory changes, and market volatility when making investment decisions.
7. Sustainability and ESG Factors: Consider environmental, social, and governance (ESG) factors when evaluating investment opportunities in India. Increasingly, investors are prioritizing sustainability and responsible investing practices to mitigate risks, enhance long-term value, and align investments with their values and principles.
8. Stay Flexible and Agile: Remain flexible and agile in adapting to changing market conditions, regulatory requirements, and investor preferences. India's business environment is dynamic and evolving, requiring investors to stay nimble and responsive to emerging opportunities and challenges.
India offers a wealth of investment opportunities for international investors seeking high growth potential and diversification benefits. With its robust economy, favorable demographic trends, and supportive regulatory environment, India continues to attract capital inflows across various sectors. By understanding the Indian investment landscape, adopting sound investment strategies, and leveraging local expertise, international investors can capitalize on India's growth story and unlock significant value for their investment portfolios. As India continues on its path of economic development and reform, it remains a compelling destination for investors looking to participate in one of the world's most dynamic and promising markets.
In conclusion, navigating the “Invest in India” landscape requires careful planning, strategic decision-making, and a long-term perspective. By understanding the key sectors, regulatory considerations, investment strategies, and tips outlined in this guide, international investors can position themselves to capitalize on the vast opportunities offered by India's vibrant economy and emerging market dynamics. With the right approach and guidance, investing in India can yield attractive returns and contribute to portfolio diversification and long-term wealth creation for investors around the globe.
This post was originally published on: Foxnangel
#regulatory environment#international investors#investment opportunities#investment ideas#india's economy#startup india#investing in India#investment opportunities in india#investments in india#foxnangel
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Enhancing Business Growth: Effective Website and Digital Marketing Strategies in Central California
Central California, with its diverse economic landscape and growing business communities, presents a unique opportunity for website and digital marketing services. From agriculture to technology, the region's businesses can benefit significantly from effective online strategies that enhance their digital presence and drive growth.
The Importance of Digital Marketing in Central California In today's digital age, having a robust online presence is essential for businesses of all sizes. Central California, known for its agricultural dominance and emerging tech hubs, is no exception. Digital marketing helps businesses reach a wider audience, engage with customers, and compete in a global market. For local businesses, it also ensures they remain visible and relevant in their communities.
Key Components of Effective Digital Marketing Website Design and Development: A professional, user-friendly website is the cornerstone of any digital marketing strategy. For Central California businesses, this means creating websites that not only look great but also provide an excellent user experience. This includes mobile optimization, as a significant portion of users access websites via smartphones and tablets.
Search Engine Optimization (SEO): SEO is crucial for improving a website's visibility on search engines like Google. By targeting relevant keywords and optimizing website content, businesses in Central California can attract more organic traffic. For example, an agricultural business might focus on keywords like "Central California fresh produce" to capture the attention of local and regional customers.
Content Marketing: Quality content is key to engaging and informing potential customers. Blogs, articles, videos, and infographics can showcase a business's expertise and provide valuable information to the audience. For instance, a winery in Central California could create content about wine production, vineyard tours, and wine-tasting events to attract wine enthusiasts.
Social Media Marketing: Platforms like Facebook, Instagram, and Twitter are powerful tools for connecting with customers. Businesses can use social media to share updates, promote products, and engage with their audience. In Central California, where community ties are strong, social media marketing can help businesses build a loyal customer base.
Pay-Per-Click (PPC) Advertising: PPC advertising allows businesses to target specific audiences with ads on search engines and social media platforms. This can be particularly effective for reaching potential customers who are actively searching for related products or services.
Challenges and Opportunities While Central California offers numerous opportunities for digital marketing, there are also challenges to consider. The region's diverse economy means that digital strategies must be tailored to different industries. Additionally, businesses must stay updated with the latest digital marketing trends and technologies to remain competitive.
However, these challenges also present opportunities. By leveraging local knowledge and expertise, businesses can create highly targeted and effective digital marketing campaigns. Collaborating with local digital marketing agencies that understand the Central California market can also be a strategic advantage.
Conclusion Central California's dynamic business environment makes it an exciting place for website and digital marketing. By focusing on essential components like website design, SEO, content marketing, social media, and PPC advertising, businesses can enhance their online presence and drive growth. With the right strategies and a commitment to staying current with digital trends, Central California businesses can thrive in the digital age.
#central california web design#central california website design#central california seo#central california online marketing
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One-Stop Online Marketplace for Farmers | Connect with Suppliers and Buyers
Harvesting Farmer Network (HFN), under Harvesting India Pvt Ltd., is pioneering a transformational approach to farming in India. Focused on empowering farmers through innovative technologies and data-driven solutions, HFN operates a platform connecting 3.7 million farmers. This network facilitates transparent market access, provides essential agricultural inputs, and offers expert advisory services. Through physical and digital infrastructure, HFN aims to make agriculture profitable and sustainable, promoting economic growth and financial inclusion for rural populations across India.
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Introduction to nascent AI usage
From 2024 to 2035, the world of technology and AI has progressed quickly, at rates like never seen before. In recent years, China has emerged as a powerhouse in the AI field, investing heavily in quantum computing and network research. These technologies have enhanced machine learning capabilities, driving breakthroughs in complex problem-solving and pattern recognition. By 2028, they had implemented AI-driven governance systems to optimise public services, decision-making and urban planning.
The United States has also made significant progress in AI ethics and regulations, establishing a comprehensive framework to govern the responsible use of AI in various sectors. Its comprehensive usage of AI has then allowed the United States to remain as one of the AI powerhouse. elaborate more on US like you did for China, what specific fields of AI have they helped in
The European Union led the way with integration of AI in financial markets, utilising advanced learning algorithms for real-time risk assessment and market predictions, allowing their market share to grow more quickly than ever before. By leveraging on AI technologies, the EU has experienced exponential economic growth, while remaining aware of the potential threats of AI usages.
Other countries have also quickly made transitions, integrating the usage of AI in their daily lives. Utilisation of AI in militarisation has been prevalent in this day and age, with Israel at the forefront of this technology. Due to the steadfast advancement in technology for AI, It is now more powerful, efficient and deadlier than ever before. There has also been a heavy integration of AI in daily lives to solve socio-economic problems by Japan, implementing AI-driven healthcare systems that revolutionised patient care and diagnostics.
Globally, countries have been encouraged to embrace AI in environmental conservation, through employing machine learning algorithms to monitor and combat deforestation in their country. As part of environmental efforts, there is now an availability of sustainable food sources with a reduction of unsustainable agriculture. This is achieved through clever farming that reduces diseases in livestocks which in turn increases the food supply. Countries have also been exploring more alternatives to renewable energy and methods of reducing carbon emissions. In these years, some of the most noticeable shifts in the way of life due to technological developments include the prevalence of self driving cars and electric vehicles with AI incorporated to prevent any accidents (up to 75% of the world uses it), and crime rates being drastically reduced due to surveillance systems throughout the whole city, reaching a all time low. People are now also able to engage in services such as anti-ageing technology and space travelling.
The world today has truly made remarkable advancements in the field of AI. Welcome to the future, where the rise of artificial intelligence is nothing short of an unstoppable force, destined to shape the destiny of humanity. Long live the technological revolution!
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Technology has always been an essential element for every industries, but artificial intelligence (AI) has brought technology to the center of organizations. For instance, from self-driving vehicles to crucial life-saving medical gear, AI is being infused virtually into every apparatus and program. Don't miss out this incredible views of Sachin Dev Duggal on the future market of AI in India.
Artificial Intelligence (AI) has revolutionized the world as we know it, permeating every aspect of our daily lives. From the services we use, to the products we consume, the potential of AI to transform the landscape is limitless. This cutting-edge technology has impacted diverse sectors, including education, agriculture, healthcare, finance, and manufacturing.
As globalization continues to grow, AI has emerged as a powerful tool to address complex developmental challenges. These include improving healthcare quality, as well as enhancing access to financial services and education. Moreover, AI is transforming supply-chain management, production lines, and quality control.
As winds of change continue to sweep across nations, India is no exception. The Indian government has already acknowledged the transformative potential of AI and has adopted strategies to leverage this technology to drive growth and development. The use of AI in applications ranging from fintech to healthcare promises to power economic and social progress, and help address issues such as poverty reduction.
Read More About AI : https://www.hindustantimes.com/brand-stories/ai-a-catalyst-for-data-driven-the-new-oil-sachin-dev-duggal-taps-60-000-crore-market-101696963879137.html
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