Team

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Matthew Demeter

Head Market Technician

Matt is the portfolio manager of DNA Investor.  Matt is an expert market technician and has spent the past decade developing the proprietary methods used in DNA’s investment strategy. Matt’s prior experience includes eight years in money management where his audited returns exceeded S&P returns by over 10-fold.  Prior to his work in the investment field, Matt worked for seven years with New England BioLabs in the areas of DNA restriction enzyme discovery and cellular aging research and he authored scientific publications in those areas. Matt earned his BS in Biology and Genetics from Duke University.

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Todd ``Bubba`` Horwitz

Master Options Trader

Author of Bubba’s Guide to Trading Options, 35+ year market veteran and host of The Bubba Show, Todd “Bubba” Horwitz is Chief Market Strategist & Founder of Bubba Trading. In addition to trading, for the past six years Todd has concentrated on writing, education, and a media career. As an experienced trader that has been in the markets for decades and understands the complexities and nuances of the interconnected financial markets, Todd offers unbiased and unvarnished insight into today’s markets. Todd is DNA’s options expert, producing our weekly options trades, always focused on increasing our returns and reducing our risk.

Exponential Technology

We live in exponential times. By now you have heard about the accelerating pace of technological change, sometimes referred to as the approaching “singularity.” If not, see this short video.

 

We believe the societal consequences of accelerating change will be broadly positive. New technologies in healthcare, transportation, clean energy, communications, and manufacturing, will mean higher standards of living and greater abundance. We see this every year in the plummeting cost of genomic sequencing, from $5M/genome in 2007 to only $1K today.

 

However, we are also witnessing the negative side of exponential advancement in the form of technological unemployment, once referred to as the Luddite fallacy. While we strongly prefer economic self-determinism, the traditional idea that hard work leads to higher economic status and standard of living, we believe that advanced technology is destroying the bridge from the working class to the wealthy asset-owning class. This is why it’s important to invest in the sectors of the economy that benefit from the trend before that bridge collapses.

 

Life in the Knee of the Exponential Curve.

 

In 2021, the world’s fastest supercomputers are estimated to reach speeds of one exaflop, roughly the computing power necessary to simulate the human brain. Within 10 years, that same computing power will be available in the average $1000 laptop. Advances in computing of this magnitude, coupled with parallel gains in AI and automation software will be massively disruptive to the traditional workforce. Imagine asking your phone (via Siri or Alexa or other voice assistant) complex medical, tax, or legal questions and receiving an accurate, nuanced response – a better and more informed response than that from your doctor, lawyer, or accountant – and it’s free of charge.

 

What will happen to traditional white-collar “thought jobs” as computer hardware approaches and exceeds our mental abilities and when software outmodes our acquired skills? Will we “merge” with these computer technologies via BMI devices such that we retain economic mobility, or will our society polarize further based upon wealth and thus access to technological enhancements?

 

While these questions once appeared fantastically futuristic, their answers are beginning to affect our lives today. We are living in the period of the exponential equation called the “knee of the curve.” We’ve always been on this curve, but now we’re noticing it.

How We’ll Benefit from the Trend

We love the promise of the future and look forward to the life-improving benefits that come with advancement, particularly in health and medicine. While lifespans will increase, perhaps radically, we acknowledge that our career lifespans may be radically shortened. Thus, we are taking action NOW. In this period of rapid change, each new day is more valuable than the last.

In what is becoming an increasingly jobless world, asset ownership may eventually become the only means to earn an income and grow wealth. By acknowledging that the paradigm of long careers and rising wages is failing, we find our sense of urgency. By owning assets that prosper from technological advances – i.e. singularity investments – we intend to benefit from the trend rather than being disenfranchised by it. We hope you join us!

 

 

Good investing,
Matt, Todd, and the DNA Investor Team