Sunday, July 15, 2018

Ted Turner Atlanta office





Framed magazine covers adorn a wall in Ted Turner's Atlanta office.
Framed magazine covers adorn a wall in Ted Turner's Atlanta office.


Ted Turner office trophy case
A trophy case in Ted Turner's office holds awards marking many of his achievements






http://www.cnn.com/2013/11/17/us/ted-turner-profile/

Friday, May 11, 2018

Game Over: Kasparov and the Machine 2003








First match
  • February 10, 1996: takes place in Philadelphia,Pennsylvania
  • Result: Kasparov–Deep Blue (4–2)
  • Record set: First computer program to defeat a world champion in a classical game under tournament regulations
Second match (rematch)
  • May 11, 1997: held in New York CityNew York
  • Result: Deep Blue–Kasparov (3½–2½)
  • Record set: First computer program to defeat a world champion in a match under tournament regulations




Peak Elo chess rating: 2851
IQ: 190

Garry Kasparov is the greatest chess player of all time.


Nowadays computers are far stronger than human chess GrandMasters.

Current chess world champion Magnus Carlsen is rated 2877.
Computer program Stockfish is rated 3290.
Artificial Intelligence program Alpha Zero destroyed Stockfish 28 wins, 72 draws, and zero losses in a 100-Game Match.
AlphaZero must be rated 3500.





Related links: 
https://en.wikipedia.org/wiki/Garry_Kasparov
https://en.wikipedia.org/wiki/Comparison_of_top_chess_players_throughout_history
https://en.wikipedia.org/wiki/Deep_Blue_versus_Garry_Kasparov
https://en.wikipedia.org/wiki/Game_Over:_Kasparov_and_the_Machine

https://www.chess.com/forum/view/general/the-10-most-important-moments-in-chess-history-chess-home-page2
https://www.chess.com/news/view/google-s-alphazero-destroys-stockfish-in-100-game-match
https://en.wikipedia.org/wiki/AlphaZero
https://en.wikipedia.org/wiki/Stockfish_(chess)
https://en.wikipedia.org/wiki/The_Turk
https://www.chess.com/article/view/the-5-most-dangerous-chess-players-ever

Sunday, March 18, 2018

Dutch East India Company vs. Apple

Dutch East India Company, the first and last Trillionaire Transnational MegaCorporation.



Apple vs Dutch East India Company. BillionaireGambler.com





Dutch East India Company the $7.4 Trillion MegaCorporation. BillionaireGambler.com




Dutch East India Company the first Trillionaire Multinational MegaCorporation. BillionaireGambler.com


Chart: The Most Valuable Companies of All-Time

MODERN JUGGERNAUTS LIKE APPLE DON’T EVEN COME CLOSE

The Chart of the Week is a weekly Visual Capitalist feature on Fridays.
Before speculative bubbles could form around Dotcom companies (late-1990s) or housing prices (mid-2000s), some of the first financial bubbles formed from the prospect of trading with faraway lands.
Looking back, it’s pretty easy to see why.
Companies like the Dutch East India Company (known in Dutch as the VOC, or Verenigde Oost-Indische Compagnie) were granted monopolies on trade, and they engaged in daring voyages to mysterious and foreign places. They could acquire exotic goods, establish colonies, create military forces, and even initiate wars or conflicts around the world.
Of course, the very nature of these risky ventures made getting any accurate indication of intrinsic value nearly impossible, which meant there were no real benchmarks for what companies like thisshould be worth.

SPECULATIVE PEAK

The Dutch East India Company was established as a charter company in 1602, when it was granted a 21-year monopoly by the Dutch government for the spice trade in Asia. The company would eventually send over one million voyagers to Asia, which is more than the rest of Europe combined.
However, despite its 200-year run as Europe’s foremost trading juggernaut – the speculative peak of the company’s prospects coincided with Tulip Mania in Holland in 1637.
Widely considered the world’s first financial bubble, the history of Tulip Mania is a fantastic story in itself. During this frothy time, the Dutch East India Company was worth 78 million Dutch guilders, which translates to a whopping $7.9 trillion in modern dollars.
This is according to sources such as Alex Planes from The Motley Fool, who has conductedextensive research on the history of very large companies in history.

MODERN COMPARISONS

The peak value of the Dutch East India Company was so high, that it puts modern economies to shame.
In fact, at its height, the Dutch East India Company was worth roughly the same amount as the GDPs of modern-day Japan ($4.8T) and Germany ($3.4T) added together.
Even further, in today’s chart, we added the market caps of 20 of the world’s largest companies, such as Apple, Microsoft, Amazon, ExxonMobil, Berkshire Hathaway, Tencent, and Wells Fargo. All of them combined gets us to $7.9 trillion.
At the same time, the world’s most valuable company (Apple) only makes it to 11% of the peak value of the Dutch East India Company by itself.

HISTORIC HEAVYWEIGHTS

Despite the speculation that fueled the run-up of Dutch East India Company shares, the company was still successful in real terms. At one point, it even had 70,000 employees – a massive accomplishment for a company born over 400 years ago.
The same thing can’t be said for the other two most valuable companies in history – both of which were the subject of simultaneous bubbles occurring in France and Britain that popped in 1720.
In France, the wealth of Louisiana was exaggerated in a marketing scheme for the newly formed Mississippi Company, and its value temporarily soared to the equivalent of $6.5 trillion today. Meanwhile, a joint-stock company in Britain, known as the South Sea Company, was granted a monopoly to trade with South America. It was eventually worth $4.3 trillion in modern currency.
Interestingly, both would barely engage in any actual trade with the Americas.
The other historic heavyweights included in our chart?
  • Saudi Aramco, at $4.1 trillion, based on calculations by University of Texas finance professor Sheridan Titman in 2010, and adjusted for inflation.
  • PetroChina surpassed $1 trillion in market cap in 2007. Adjusted for inflation that’s $1.4 trillion today.
  • Standard Oil, before its famous breakup due to monopolistic reasons, was worth at least $1 trillion. Adjusted for inflation it would likely be more, but we kept this conservative.
  • Microsoft reached its peak valuation in 1999, at the top of the Dotcom Bubble. Today, that would be equal to $912 billion.


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