Tuesday, 20 December 2022

New Edition of Investment Principles: Strategies for an Irrational World

 


Investment Principles: Strategies for an Irrational World proposes a context for understanding – a broader, methodical, and disciplined way to think about investing. Investment success requires understanding many elements ranging from global economics, competitive and microlevel analysis, game theory to human behavior and emotions.

This integrated approach develops a more informed and distinctive way to think about the future. Investment success combines predicting the future, the confidence to make bold choices, and the fortitude to stay with those choices. I assert that wisdom, which I define as combining a broad range of observations into a new set of knowledge to predict the future more effectively, is the essential component of successful investing. The foundation of knowledge, assembling relevant facts from many sources, produces better decisions and superior returns.

There is no simple formula. Thoughtful observation of complex factors, understanding their interrelation, and predicting the outcome of their interaction is challenging. In Daniel Kahneman’s words, it requires "slow thinking" and demanding work. Breathless and urgent recommendations from social media quips are usually misguided. Superficial ideas and quick thinking are even worse.

One thing this book does not contain is a series of numerical models and algorithms. Those kinds of tools are a simplified sideshow intended to turn numerous and dynamic factors into a simple and, typically, misleading analysis. This approach is nonsense.

This book discusses topics ranging from disruptive innovation and technologies, globalization, leadership, fiscal and monetary policy, and other topics usually relegated to economics or behavioral textbooks. But inferior performance comes from not understanding all the elements, both macro and micro, that influence investment choice, the policies impacting those decisions, the competitive environment, and the leadership qualities essential to succeed within this context.

General statements are a waste of time, profoundly inefficient and misleading, and designed simply to make the reader feel good without giving him or her any useful way to think more deeply about analysis and conclusions that matter.

This is not a "how to pick stocks" book. Along with platitudes, there are no simple formulae, heuristics, 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 formulae.

This book is not organized as a straightforward narrative, but in sections addressing different topics. The foundation comes from my articles and lectures and may seem disjointed, but each topic and subtopic is meant to stand on its own. The book can be just as effectively read in discrete sections and not necessarily in any narrative series. This can be a reference book, as well as a descriptive analysis.

Visit At:- https://www.amazon.com/gp/product/B09QJH2WL4/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i1

Tuesday, 29 November 2022

The Ten Year Horizon: Volatile, Intense, and Mostly Harmless (Opportunity, Irrationality, Transformation, and Absurdity Book 4)

 


This book explores the next decade’s more frequent and intense economic, geopolitical, fiscal, and market volatility, technological innovation, disruption, and hype.

Long-term opportunity exists, and this book uses a 10-year horizon as a surrogate for a long-term perspective. Some of the world’s most important industries are being disrupted, especially finance via digital assets and Blockchain-based businesses, life sciences via gene editing, DNA sequencing, and CRISPR, and communications via advanced wireless data networks, software technologies including artificial intelligence, and new interactive platforms such as the Metaverse.

Success requires not only understanding how to assess these industries, the potential disruptions, the sustainability of new business models, and other economic forces, but also understanding that human emotions swing market cycles, impact values, and skew competitive dynamics.

This is not a hyperbolic “this time it’s different” sermon, but we are entering an era that will be characterized by persistent uncertainty and rejection of the halcyon days of “growth equals value regardless of profitability.” Vulnerability to economic and social shocks will also be higher and there may be many dark days along the way to the horizon.

The world is becoming a zero-sum chess game. The players, China and the US, hope to either control or influence other pieces – queens to pawns – ranging from Russia and Ukraine to India and Turkey.

This book explores the chills of discontent that ignited these fractures and looks at potential avenues for re-engagement and mutual benefit. The foreseeable future is disjointed and fractured, but, there may be an ultimate realization that long-term benefit from reigniting mutual engagement will be in everyone’s best interest.

Traditional industries that drive the world economy – metals, minerals, plastics, and energy – are essential to any “green revolution.” Technology, innovation, and disruption need minerals, metals, plastics, and energy to build and deploy their products. Technology, and potentially life-saving innovation, are useless without these basic industries - now impacted more than ever by geopolitics and global trade.

Technology and innovation can solve potentially existential threats from climate change to food scarcity to global pandemics But, as I discuss, technology is also an uncontrollable monster that can lead the world into a downward spiral of distraction and meaninglessness - and solve nothing.

I explore whether the future needs the Metaverse, cryptocurrencies, or NFTs (it doesn’t), Blockchain technology and other digital assets (it can), or artificial intelligence and machine learning (it does). The Metaverse and cryptocurrency are mostly a sideshow. Blockchain and digital assets are platforms enabling the digitization and potential disruption of finance. While all these technologies are often lumped together, I discuss the significant distinction between them.

I also explore what can be predicted, what should be ignored, and why basic science and fundamental discovery are our most potent weapons and greatest opportunity to create value and benefit society. I emphasize the need to ignore policy recommendations that attempt to manage outcomes for a shortsighted, politically popular goal.

I close this book with some very personal thoughts from my experiences.

Visit At:- https://www.amazon.com/gp/product/B0BLTKLDYG/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0




Monday, 13 June 2022

Nicholas Mitsakos - Investor and Advisor

 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.


“Investment Principles: Strategies for an Irrational World” Investment Principles: Strategies for an Irrational World understands that thoughtful observation of complex factors and understanding their interrelation or necessary but not sufficient for successful investing. Investment success is accurately predicting the future. That requires a greater breadth and depth of understanding. His book discusses this.


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.

Nicholas Mitsakos


 

Sunday, 6 March 2022

Nicholas Mitsakos - Integrates Typical Financial and Economic Analysis

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.


Sunday, 20 February 2022

INVESTMENT PRINCIPLES - Assume No Knowledge By Nicholas Mitsakos

 



Nicholas Mitsakos's new book, “Investment Principles: Strategies for an Irrational World” Investment Principles: Strategies for an Irrational World understands that thoughtful observation of complex factors and understanding their interrelation or necessary but not sufficient for successful investing. Investment success is accurately predicting the future. That requires a greater breadth and depth of understanding. His book discusses this.


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.