From Mathematics to Investing with Mike Mills and Nick Spoors

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Introduction

On this episode of The Entrepreneur Ethos, the host, Jarie Bolander, talks with Nick Spoors and Mike Mills about their mathematical investing aggressive growth fund and the importance of knowing your target audience. The discussion covers topics such as creating machine learning algorithms from scratch, expanding networks, and navigating heavily regulated industries. Nick and Mike share their history and discuss their interest in applying mathematical theories to investing. The speaker also delves into the importance of pure mathematics and explores concepts such as the Axiom of Choice and hypercomputing. Overall, this episode provides insight into the intersection of mathematics and investing, as well as the challenges and innovations in the industry.

Timestamps

[00:02:40] College friendship led to successful fund.

[00:04:35] Nick found investing applied abstract mathematics

[00:10:36] Researching pure math for novel applications.

[00:12:43] "Axiom of choice: Math's fundamental principle"

[00:17:16] Inventing investment strategy into a business product.

[00:19:06] Learning from Nick; sometimes needs help.

[00:22:44] Know your audience to target effectively.

[00:28:24] Launching investment firm through regulated industry. Communication hurdle.

[00:31:14] Mathematical investing fund seeks aggressive long-term growth.

[00:36:30] Hypercomputing: A new frontier beyond Turing machines.

[00:38:42] Accelerating advancements in computing and imagination's limits.

[00:42:34] Small steps add up to exponential change.

[00:45:49] Podcast outro: Learn, share, follow, read, get better.

Key Topics

- Explanation of the mathematical investing aggressive growth fund

- Analyzing the short term past to predict the long term future

- Use of own machine learning algorithms rather than overcrowded public ones

- Plan to hire 100 mathematicians to replicate old think tank

- Differential advantage in using math and investing together

- Importance of knowing target audience and dialogue responses to potential investors

- Expansion of network over the years

- Specific dialogue responses and ability to discern conversations not worth pursuing

- Encounter with potential investors who seem like a good fit but do not like what they do

- Challenges faced by the speaker's company

- Navigating a heavily regulated industry

- Communicating message to appropriate audience

- Fine-tuning message to potential clients' interests

- Background and shared interest of Nick Spoors and Mike Mills

- Nick's interest in applying mathematical theories to investing

- Mike's introduction of the Banach-Tarski paradox

- Appreciation for entrepreneurs who think differently and take risks to create new categories

- Speaker's learning from interactions with Nick Spoors

- Nick's ability to explain things in a way that fits the listener's learning style

- Learning to communicate without Nick's help but knowing when to bring him in for technical and deep conversations

- Interest in researching pure mathematics for new applications in investing

- Discussion of mathematics principles and concepts

- Importance of mathematics in understanding the physical world and foundational principles of AI and machine learning

- Axiom of choice and its connection to complex adaptive systems

- Hypercomputing and its potential for the future with advancements in AI and quantum computing

Links

• https://www.infinitaryfund.com/

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