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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The Creative Conundrum

Technically Creative

Technology has evolved rapidly over the last few decades, concepts such as artificial intelligence, machine learning, big data and the Internet of Things have fundamentally altered the way we interact with and perceive the world today.  And although perceived by many as controversial, the ability of this tech to mimic or replace humans is increasing drastically. Simple pattern recognition, cons...

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The Gathering Swarm

In Some Way, Shape or Swarm.

Have you ever wondered how ants build superhighways for carrying food, how bees never get lost, how wasps build nests or how birds flock? If you’re anything like me you’ve likely given credit where its due and attributed it to some innate intelligence that these little creatures possess. But you’re wrong, they have you fooled! You see, there is no individual ant which knows the bigger pictur...

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AQscuse me? Where are all the lawyers?

Where are all the Lawyers?

He looks out the window at the harsh African sun reflecting off Nairobi’s skyscrapers and thinks to himself “Man, I did it! The hard work has finally paid off. I’m working at the world’s LARGEST law firm!” Following in the footsteps of the four other employees at the firm, Michael was headhunted after finishing top in the University of Gabarone Read more