personalisation will be the biggest story in finance & trading - for the next 5 years:
1) why?
- today, finance lacks personalization because txns are mostly context-free
eg. a credit card txn is just: amount + time + counterparty/merchant (too little signal for true
if youâre building a trading product, you need to nail these:
any trading (or financial markets) product has:
1) discover assets (alpha/info/charts)
2) actions (buy/sell/long/short/yes/no/deposit)
3) manage assets (positions/porfolio)
you miss one part & product falls apart
some bear market thoughts on crypto:
1) we're in the peak depth: almost everyone is done selling - we just lack marginal buyers yet
either we get capital rotation back from ai soon (q4 maybe?) or we remain flat for some time
2) fundraising is p bad rn, particularly early-stage
crazy to see unitree be valued at ~$34b on hl
market's pricing at ~4x premium to its ~$8-9b sanghai star market ipo val
will be interesting to see how correctly hl prices vs chinese public markets
arguably the biggest bet on the commercial humanoid robots story!
