My favourite definition of innovation is creativity plus entrepreneurship. While creativity means creating a novel, valuable and non-obvious idea, entrepreneurship is turning that idea into something real. Over the years I have learnt the following about innovation. · Innovation is about connecting, not inventing. · Your innovation depends on your network. That is to be successful in your …
Not too long ago I wanted to sign up for Robinhood from South Africa. I couldn’t because it is not available in SA. It was when I was in United States that I could sign up. Compare Robinhood to Binance which allows everyone all over the world to participate. Which one do you prefer. Obviously …
2022 was a very difficult year for most investors especially for those that invested in risk assets. Investors fled all tech stocks including Coinbase, Bitcoin and Tesla. However, there was one fearless and tough investor, Cathie Wood, who was courageous when others were fearful. Cathie Wood’s Ark Investment Management funds bought about 75,000 shares of …
I once attended a multicultural church with my family while visiting United States. After the service, I asked for a Wifi I could connect my phone to, from Blessing Mortenson, a sister that came to greet us (I needed the Wifi to call an Uber driver; I had roamed my mobile phone but my service …
Jeff Bezos once asked legendary investor Warren Buffett, “You’re the second richest guy in the world. Your investment thesis is so simple. Why doesn’t everyone just copy you?” Buffett replied, “Because nobody wants to get rich slow.” The best way to master how to get rich slow is to read “The Intelligent Investor” a book …
If you were given a choice between all expenses paid trip to Singapore for an academic conference where you will give an oral presentation of your accepted paper or all-expenses paid trip to Zimbabwe for an intensive two week workshop/course to develop your skill in an area of interest, which one would you choose? My postdoc was faced …
A mentally challenged young man once asked Brian Tracy after he heard him say anybody could be successful if they just did certain things in a certain way. He said to Brian in a very loud voice, “Mister Tracy, Mister Tracy, can I be a success, too?” While Brian was thinking of a proper response …
This past Wednesday, Ethereum, the second biggest blockchain successfully completed its most important innovation ever. The innovation or upgrade, referred to as Merge, allowed Ethereum’s protocol to fully transition from Proof-of-work (POW) to Proof-of-stake (POS). This will allow Ethereum to reduce its ecological footprint. Another consequence of this transition is the reduction of the issuance …
I have been thinking recently about the Biblical Joseph of Arimathea. Joseph was wise, wealthy and a faithful follower of Christ who exemplifies the type of person I have always aspired to be. His life teaches me that I can be highly successful in every aspect of life and at the same time serve the Lord …
More than three hundred years ago, Sir Isaac Newton owned shares in the South Sea Company, the hottest stock in England. Sensing that the market was getting out of hand, the great physicist mumbled that he ‘could calculate the motions of the heavenly bodies, but not the madness of the people.’ Newton sold all his …
