by Nicholas Mitsakos | Book Chapter, Investment Principles, Writing and Podcasts
It is the reasonable person who stops and sees, connecting the dots and not trying to manipulate reality to fit your vision. The unreasonable try to force change where it is unwelcomed, or, more often, stick to a belief increasingly at odds with the world’s reality. The reasonable person looks at the world and tries to connect the dots others don’t see – but the dots are there. They may seem unrelated to most but seeing what most miss is innovation’s foundation. It is connecting those dots and seeing how things can connect – not forcing something that isn’t there or ignoring what is and how it has changed. It is only afterward that a new idea seems reasonable. To begin with, it usually seems unreasonable. Don’t be fooled and believe you must force change.
by Nicholas Mitsakos | Book Chapter, Writing and Podcasts
Failing to get work done is an increasingly common experience. Maybe the reason we find it so hard to get anything done is that most of the things we do just fundamentally don’t need to be done. All the productivity lifehacks out there are ultimately missing the point: we’re avoiding our work because our work is pointless.
by Nicholas Mitsakos | Economy, Investment Principles, Writing and Podcasts
Thinking the government now can take over something the private markets provide efficiently and effectively as government is the appropriate entity to provide those services from now on only leads to inefficiency, misuse of capital, the demand for more tax revenue to support the inefficiency, and the downward spiral which ultimately creates more inefficiency that private industry will look to rectify.
by Nicholas Mitsakos | Artificial Intelligence, Biotechnology, Book Chapter, Investments, Technology, Writing and Podcasts
This article was written by Nicholas Mitsakos : Chairman and CEO at Arcadia Capital Group. Disruptive technologies are apparently being developed faster than we can adapt to the full impact of their disruption. Really? Internet time may not be the fast-paced...
by Nicholas Mitsakos | Artificial Intelligence, Book Chapter, Technology, Writing and Podcasts
Nicholas Mitsakos : The Robot Armies are not Coming Artificial General Intelligence (AGI) has become the latest hot topic in AI. It is defined as the intelligence of a machine that can understand or learn any intellectual task that a human being can. It is a primary...
by Nicholas Mitsakos | Book Chapter, China, Economy, Investments, Writing and Podcasts
Chinese economic policies and motivations since 2008 not only emphasize growth and sustainability of state-owned enterprises but, a critical but much less well-appreciated dimension is the Chinese government’s emphasis on stability. No economic policy in China will ignore this, and the high value placed on stability pervades all the current trade talks with the United States.
by Nicholas Mitsakos | Book Chapter, China, Economy, Technology, Writing and Podcasts
While it may seem tempting to target attractive market sectors and provide government-backed capital and direction, this typically does not end well. The efficient allocation of capital, demanding an appropriate return for given risks, is something private markets do extremely well. A handful of bureaucrats cannot match the collective wisdom of the capital markets, no matter how attractive the target.
by Nicholas Mitsakos | Artificial Intelligence, Book Chapter, China, Technology, Writing and Podcasts
WeChat has become the ubiquitous, full-service platform for communication and commerce in China. Essentially, the company has taken the mobile Internet and made it their own. The WeChat internet has a lot to admire — and emulate. While the United States sees big tech as a colossus that needs to be knocked down, the Chinese government saw tech companies as economic engines to be harnessed. They were right.
by Nicholas Mitsakos | Economy, Investment Principles, Investments, Writing and Podcasts
High growth companies competing for large total addressable markets may not be creating long-term value. Cheap capital has created a vicious circle of unproductive investment. Markets will correct this overvaluation and misappropriation with a rather unpleasant bang.
by Nicholas Mitsakos | Investments, Writing and Podcasts
Investments focus on technologies and life sciences. Our selections are focused, and information is gathered from multiple sources and perspectives, along with our industry experience and network of experts. This provides a better perspective and enables a truer...
by Nicholas Mitsakos | Economy, Writing and Podcasts
This article was written by Nicholas Mitsakos : Chairman and CEO at Arcadia Capital Group. Over $17 trillion worth of bonds have negative yields. Why? How long will this trend continue? How does this end? Investors looking for safety face unappealing choices....
by Nicholas Mitsakos | Economy, Investment Principles, Public Policy, Writing and Podcasts
While the current trade war commands our immediate attention and thoughts about its impact on the global economy, there are deeper and perhaps more troubling issues regarding globalization and its future.
