Hyper-personalized, algorithmic music services promise to deliver the exact music you want, exactly when you want it. But radio, with its illusion of serendipity and its DJ-driven commentary, is a collective sound; millions of people could be hearing the exact same thing at once. It becomes a soundtrack to your life. It can also be a fast track back to your past, as WIRED senior writer Jason Parham recently discovered.
Jason grew up in Los Angeles in the early 1990’s, “when the rage of Black Los Angeles hit a tipping point,” as he describes it. He was six years old when the Rodney King riots overtook his neighborhood. This summer, when demonstrators marched by the apartment where he now lives in Brooklyn, chanting, “I can’t breathe,” it all felt too familiar to him. As the world seemingly spiraled into crisis after crisis, he wanted to remind himself that he’d been there before. So he began searching YouTube for archives of 1990’s radio shows.
That’s how Jason discovered Jean-Gabriel Prats, a Frenchmen and former radio disc jockey who restores snippets of old radio and publishes the archives to YouTube. In this week’s episode of the Get WIRED podcast, Jason talks to Prats about these small acts of remembrance, and how they encourage us to “slow down, to take a breath, and to look back, again and again”—and how this gives him a sense of peace.
He also talks to Jace Clayton, a New York-based cultural critic, DJ, and author of the book Uproot: Travels in 21st-Century Music and Digital Culture. They talk about the music culture we experience today—the algorithmic wormholes we fall into—and what it all means for radio; the community of it, the openness of it, and the fundamental idea that a personality or team of personalities would at one time bring us together through a shared moment of sound.
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Why an ‘active’ approach to risk modelling is key to navigating markets today
Whether investors are aiming for a cautious approach or a riskier investment profile with the potential for higher returns, Architas’ Blended Fund range is designed to match a range of investor risk appetites. And like many asset managers, Architas predominantly uses two approaches to define asset allocation within the five risk bands used in the Blended Range – strategic and tactical.
Whilst risk model provider EValue’s quantitative approach to asset allocation takes into account the long-term performance of different asset classes and the likely future performance given current valuations, along with long-term measures of volatility and correlations with other asset classes. Yet as with most systems of its kinds, EValue focuses on the long term; it is unable to analyse short-term market movements and fluctuations. So whilst it would have seen that in Q1 2020 markets fell by a record percentage before rebounding, it will not be able to factor in the cost of the coronavirus and lockdown and its impact on markets. Similarly, it is not able to consider ongoing Brexit woes, geo-political trade wars or the outcome of the US election in 2020.
Click here for the full article and to access more about the flexibility of the Architas Blended Range by clicking on the box below.
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