Archive: April 2017

The Innovator’s Dilemma

Back in 2017 I wrote a blog about the inevitable failure of the world’s most successful businesses. At the time I thought it was edgy and controversial – it wasn’t. Upon re-reading my spew a few years on, I realized that there was a fundamental gap in my reasoning. Call it youthful ignorance, maybe just innocent naivety, never-the-less, I must set the record straight - there’s another important...

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Year of the Dog

Interesting would be the politically correct way to summarise 2018 (is political correctness still a thing under Trump?), but I think that crazy is probably more appropriate. Barely anything has gone to script, and so we thought it would be a good idea to take a quick look back at the year that was. Read more

The Enemy You Can’t See

Its claimed over 4 billion victims, caused trillions of dollars’ worth of damage, affected the likes of Yahoo, Facebook and even governments on a massive scale… and its only just getting started. The greatest battles are no longer fought on land between men, but rather in cyberspace between computers. The measurement for victory, data, and the price to pay, is more severe than ever. Ask y...

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The Hummingbird Effect

If I were to tell you that Johannes Gutenberg’s idea to develop the printing press in the early 1400’s would turn out to be one of the biggest turning points in human history, would you believe me? To be honest, I don’t even think he would! How could the printing press be considered such a big turning point? Well, before the printing press, Europeans were generally unaware that they were ...

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Nudge Hunting

Nudge Nudge, Wink Wink ....

Manipulation is synonymous with deceit, extortion, lies and bad things in general but what if we could harness all that we know about manipulation and use it to improve the world around us? We are all in the business of influencing people to achieve our desired outcomes, whether you are aware of it or not, it is something we do constantly. In business we are trying to get people to buy into ...

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How to Catch a Millenial

With 30 Trillion dollars changing hands in the next 30 years how do you ensure you don't miss you!

Did you know that in the next 30 years an estimated $30 trillion dollars (I’m not even going to convert that in to rands because the number’s so big) will be changing hands from Baby Boomers to Gen Xers and Millenials? This will be the largest transfer of wealth in recorded history. Not to mention there’s a lot of wealth being independently generated in the meantime. So how exactly do you go...

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The Multi-Armed Bandit

To Exploit or Explore?

Imagine this, you’re at a casino, of course, trying your luck. There are 10 slot machines in front of you, each one has a potential reward. Your Goal- maximize your winnings. How do you go about it? Do you sit at one machine the entire night and try exploit your winnings? Or do you chance it and move from machine to machine exploring the various options available? Believe it or not this simp...

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WhatSupTech?!

Supervisory Technology

The financial services industry is being whacked with regulations- making the time and monetary cost of compliance grow out of hand. A lot of Independent financial advisors (IFA’s) don’t have the resources at their disposal to keep up with the industry’s compliance demands and can invest somewhere between 30% and 60% of their time making sure that the books are clean. This time invested into co...

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Bias booby-traps

A quick crash course on how to save yourself from your own worst enemy, yourself!

On occasion, it seems, our brains are fighting against us, rather than for us. This was first noticed by Plato, the famous Greek philosopher, who would very often get frustrated by his fellow Greeks, who acted mostly on impulse. He prompted them to examine their own lives, to think for themselves and be less trapped by doxa – the Greek word for common sense or popular opinion. Today...

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The Market for Lemons

The impact of imperfect information in the information age

Idea 1: The Paradox of Privacy

Digital currency is nothing new. We have all heard of Bitcoin, seen the ads for eWallets, and probably pondered on the fact that our actual hard-earned Rands are mainly just stored as a series of binary numbers on a system at our preferred bank. Consider quantitative easing for example – do you think the US g...

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