Nicholas Mitsakos new book, “Investment Principles: Strategies for an Irrational World” Investment Principles: Strategies for an Irrational World is organized in such a way that the book can be used as a narrative on investing success, but also a reference with distinct sections.
Nicholas Mitsakos is a contributor to Harvard University's Innovation Center and a former lecturer at UCLA’s Anderson School of Business. He is also a member of the MIT Technology Review Global Panel.
Monday, 13 June 2022
Nicholas Mitsakos - Investor and Advisor
Friday, 1 April 2022
Nicholas Mitsakos Has Launched A Financial Technology And Electronic-Trading Business
Nicholas Mitsakos has launched a financial technology and electronic-trading business that manages a proprietary portfolio and services the financial industry.
Nicholas Mitsakos is Chairman and CEO of Arcadia Digital Holdings, a digital asset merchant bank. Arcadia Digital Holdings focuses on digital asset investments and has been researching and testing this market and potential investments since its inception.
Arcadia Digital Holdings does business in several areas, including asset management, algorithmic electronic trading, decentralized finance, blockchain-based businesses, and cryptocurrency ownership. It has been investing since 2021.
Nicholas Mitsakos has extensive experience within the international investment industry ecosystem, building management teams, developing and addressing strategic and operating issues, and focusing on new opportunities through technological innovation.
Nicholas Mitsakos has been the Chairman and CEO of his investment firm, as well as the managing director of investment partnerships with leading international financial institutions. His focus has been on technology and science, and most recently, he has developed a digital asset investment strategy.
Nicholas Mitsakos has strong ties to academia, including ongoing educational experiences at Harvard University and the Massachusetts Institute of Technology, along with connections within the Bay Area’s academic ecosystem. He continues to do academic research at Harvard University and the Massachusetts Institute of Technology.
He also continues to write articles and is about to publish his second book, “Transformation and Investing: Disruption, Opportunity, and Absurdity.”
Nicholas Mitsakos is about to publish his second book, “Transformation and Investing: Disruption, Opportunity, and Absurdity.” With Nicholas Mitsakos’s second book, “Transformation and Investing: Disruption, Opportunity, and Absurdity,” he will have published two new books so far this year.
The two books Nicholas Mitsakos is publishing represent several years of work, including extensive research and business experience.
Nicholas Mitsakos’s two books, "Investment Principles: Strategies for an Irrational World" and "Transformational Investing: Opportunity, Absurdity, and Terror"
Were created partly from a 40-lecture series on rational approaches to investing in transformational assets and technological innovation, especially digital assets.
Nicholas Mitsakos’s electronic-trading firm uses Artificial Intelligence, Machine Learning, and other advanced software tools to develop and maintain its investment portfolio. Nicholas Mitsakos has been instrumental in developing both the investment strategy and risk management for Arcadia’s portfolio.
Arcadia’s investment activity, developed by Nicholas Mitsakos, includes long-term holdings, electronic trading, alternative investments (including derivatives and futures), as well as a risk hedging strategy. Arcadia may also sell software, services, and proprietary investment portfolio ideas based on our quantitative algorithms and software. The electronic trading business has proven that the software and advanced technology tools are effective and valuable.
Sunday, 6 March 2022
Nicholas Mitsakos - Integrates Typical Financial and Economic Analysis
Sunday, 20 February 2022
INVESTMENT PRINCIPLES - Assume No Knowledge By Nicholas Mitsakos
Tuesday, 15 February 2022
Nicholas Mitsakos's New Book Is Not a “How to Pick Stocks” Book
Nicholas Mitsakos not only discusses investment principles and strategies, he also analyzes disruptive innovation and the importance of effective leadership along with other critical factors for successful investing.
Nicholas Mitsakos's new book is not a “how to pick stocks” book. Along with useless platitudes, there are no simple formulas, heuristic, or any other effortless way to outperform the market. Deep thinking about the factors that matter is complex, challenging, unique to each situation, and escapes simple formulas.
Simple formulas are intended, more than anything, to make the reader feel good without giving him or her any useful information to think more deeply about analysis and conclusions that matter. Understanding what really influences the value of any given investment, how that value may change overtime, and the convergence of many factors that can accelerate either the increase or decrease in value goes well beyond simple statements. Deep thinking about the factors that matter is complex, challenging, unique to each situation, and requires deep thinking.
there is a full range of factors that matter. Understanding those factors is the other challenge. Since it is unique to each situation, there is no straightforward and simple algorithm that applies in all areas.
Nicholas mitsakos understands this complexity and the challenge is to think deeply about a full range of factors. Those factors are not just economic, but also include human behavior and emotions, as well as, as described by Mr. Mitsakos in his book, “The X Factor” which is effective leadership.
Leadership is not a single person, even though the popular press wants to personify success as a single person, whether that person is Steve Jobs, Elon Musk, Jeff Bezos, or someone else. Real success comes from a team of people.
Nicholas Mitsakos believes the successful companies are led by teams that work well together, are creative, but also have commercial discipline. There is only so much capital available to do innovative and disruptive things. Not all actions create value, but without commercial discipline combined with creativity (no small trick), it’s Essentially impossible to create real value that is sustainable.
Nicholas mitsakos new book is not organized as a straightforward narrative, but in sections addressing different topics the book can be a reference source, as well as a descriptive analysis.
Nicholas mitsakos used a 40-lecture series that he developed over the course of several years as the foundation for this book. Since he has been an entrepreneur, investor, and educator for over 30 years, there are many topics that Nicholas mitsakos has found essential to understanding the value of an investment and essential for any investment decision.
Since Nicholas mitsakos has served on over 35 boards of directors and been involved with over 50 startups, he has an acute and personal understanding of the factors that can create or destroy value. He has initially combined these experiences into his lecture series and also a series of articles on entrepreneurship, leadership, innovation, disruption, and rational approaches to investing. It is these many experiences in business and academia which has formed the foundation for his new book. His academic experience includes lecturing and researching at Harvard University, the Massachusetts Institute of technology, and UCLA.
Monday, 7 February 2022
Nicholas Mitsakos Discusses the Complexity of Successful Investing. There Is No Simple Formula.
Straightforward analysis and simple formulas are inadequate. In Nicholas Mitsakos's new book, “Investment Principles: Strategies for an Irrational World” (Investment Principles: Strategies for an Irrational World), he discusses a variety of disciplines that require a depth of understanding and analysis. Each one of these areas, ranging from economic analysis to globalization, to human behavior, would each require study and understanding. Interconnecting these and other areas is the key to investment success, so says Nicholas Mitsakos.
His book is organized in such a way that it can be read as a narrative on investing success, as well as be a reference book with distinct sections. Investment Principles: Strategies for an Irrational World is broken into several topics and subtopics meant to stand on their own. The book is as much a reference book, with distinct sections intended to deal with independent topics in greater depth and understanding. The book is organized this way, as Nicholas Mitsakos states, because he proposes that thoughtful observation of complex factors and understanding their interrelation are necessary but not sufficient for successful investing.
Investment success, according to Mr. Mitsakos, is accurately predicting the future. That requires a greater breadth and depth of understanding of many seemingly unrelated topics. Nicholas Mitsakos discusses this at length in his book and describes it as creating a context for understanding - a way to think about how to think. Nicholas Mitsakos believes approaching investment decisions with this methodology is more important than any simple formula or narrow analytical approach.
Those looking for a simple formula and they “how to pick stocks” book will be disappointed. Those who want their intelligence respected and given a methodology and foundation to think more thoroughly and successfully will be rewarded. In Nicholas Mitsakos's new book there is no simple formula. Complex factors, understanding their interrelation, and predicting the outcome of these interactions require “slow thinking.” This is demanding work, as Daniel Kahneman explained in his book “Thinking, Fast and Slow.” That is why the book does not contain a series of numerical models and algorithms. These tools are a simplified sideshow intended to turn numerous and dynamic factors into a simple, and typically misleading, analysis.
Nicholas Mitsakos believes reducing complex analysis to simple numerical models and algorithms delivers misleading and inaccurate results far too often. For the most part, he believes this approach is nonsense. Often, numerical models and algorithms are a simplified sideshow intended to turn numerous and dynamic factors into an easy-to-understand, typically misleading analysis, and ultimately worthless exercise.
Nicholas mitsakos believes it is important to consider a wide range of factors when looking at investment possibilities and developing a successful investment strategy. Many topics, including disruptive innovation, new technologies, globalization, leadership, fiscal and monetary policy, and other topics, usually relegated to economics or behavioral textbooks, play an outsized role in influencing investments and their ultimate value. Inferior performance comes from not understanding that all these elements, as well as human behavior and irrational choices, influence investments disproportionately. Reducing this to a formula is not effective and for the most part, wasted energy.
Sunday, 30 January 2022
Nicholas Mitsakos has published a new book, “Investment Principles: Strategies for an Irrational World.”
Nicholas Mitsakos has recently published his new book, “Investment Principles: Strategies for an Irrational World” (here is the Amazon link: Investment Principles: Strategies for an Irrational World.) The book is unique in its description of what's really required for successful investing. While most authors try to give quick and easy tips, Nicholas Mitsakos believes that a disciplined and methodical approach to investing is essential for true success. This means that Mr. Mitsakos is advocating analytical work and an understanding that goes far beyond a simple summary description.
Nicholas Mitsakos |
He advocates that successful investing requires understanding global economics, competitive, corporate, and micro-level analysis, game theory, and human emotions and behavior. That's a lot to understand all at once, but Nicholas Mitsakos’s approach segments each of these complex topics, gives sufficient depth to understand what is fundamentally going on in each area, and then, most valuably, shows how these areas interact, enabling much more effective investment decision making, according to Mr. Mitsakos.
Essentially, Nicholas Mitsakos's goal is to share an informed and distinctive way to think, predict the future with that combined information, and then make choices. In his new book, he states quite clearly that real investment success combines predicting the future, the confidence to make bold choices, and the fortitude to stay with those choices. There is a lot to unpack there because, essentially, this is an accurate summary of the challenges and the qualities for investment success.
Looking at the first component, analyzing data ranging from economic analysis, global statistics on finance and trade, along with elements of human behavior and, quite bluntly, irrationality, form the combination that ultimately gives an understanding about what is going to happen.
Next, understanding that difficult choices need to be made and that diversification is essentially equivalent to owning an index fund (so why bother going any further if that is really your goal), knowing that focused investment choices require bold commitments. But, once these bold choices are made, the real challenge begins.
Nicholas Mitsakos quite accurately defines the most important component of this whole process as having the fortitude to stick with your choices. Most bad investment decisions are made when an investor sells. He points this out with examples of both Amazon and Apple. At what point should an investor have sold these? Essentially, they continue to be fantastic investments outperforming the market. So, even if an investor chalks up an impressive return, selling that investment and putting performance on the books is actually a bad and inefficient investment decision. He makes this quite clear.
The best decisions come from complex analysis, difficult choices, and then fortitude to stick with those choices. There is no better way to summarize an effective investment strategy.
In this new book, Investment Principles: Strategies for an Irrational World Nicholas Mitsakos understands that financial and economic analysis is insufficient to understand the potential value of an investment. Human behavior and emotions play just as important a role. An informed and distinctive approach that integrates typical financial and economic analysis with understanding human behavior as well as game theory. Essentially, thoughtful observation of complex factors, understanding their interrelation, and predicting the outcome of those interactions cannot be reduced to a simple formula Human behavior and emotions are at the core of this understanding. After all, what else can explain the appeal of social media and other superficial analyses that, while extremely popular and can have temporary impacts on the market in specific securities, are almost always misguided nonsense.
It is within this world of nonsense that Nicholas Mitsakos's new book, Investment Principles: Strategies for an Irrational World describes the depth and complexity that requires investment success. This success depends not only on discipline but also on understanding that human behavior and emotions play a critical role.