“ Turds all the way down”.

Whilst on the fecal metaphor one should consider that we all like the smell of our own farts, in the exercise of barking at the moon which blogging into the ghettoised naughty step ether, that Substack undoubtedly is I offer this seasonally brussels sprouts assisted bottom burp, A Christmas top ten of Grub street in Exile posts. A strangely familiar representation of perhaps what would have been some of my favourite brain farts, under the duvet of 2024.

SO is it Turds all the way down or are these really the most fragrant of brain farts . A cross reference would perhaps be the Top Ten posts from my Bitchute Channel, My You Tube channel and my Wordpress Blog.

https://www.youtube.com/@RogerLewisGuitarPlayer/videos

https://www.bitchute.com/channel/xXu1IS3mTl5V

https://www.minds.com/Tonefreqhz/blog/https-www-linkedin-com-in-rogerglewis-1069871832339398656

Oscar WIlde defined a cynic in Lady Windemere's fan as; " a person who knows the price of everything and the value of nothing".

Big Data is the new oil, the Black and White gold or, the pixelated fools gold perhaps? Huge valuations are placed upon companies who can however incongruously or implausibly graft on the pre-fix or Suffix "- Tech, Tech - TECH".

An old computing maxim is Garbage in Garbage out, that's self-evident of course, "pigs ears and Silk purses" and all of that. But let's remain in the porcine metaphor is Big Data really just "pearls before Swine".

Perhaps I should explain? Military commanders know all to well that The Map is not the territory, for the purposes of "Prop-Tech" thats an apt starting point. Of course the Map is not the territory and the Model is not the thing, just as the name of anything is not the thing in itself. These are far more than just semantic games and when we look at Data , data processing, databases and the hugely powerfull new generation of Graph Data bases, we have to be very careful to remember that any description of a Thing, a phenomena , a market a moment in time or a reporting quarter is just that, a description of something that has happened in the past at a fixed point or over a period of time. Statically for a snap shot we can describe say an unexpired lease term, the passing rental, the repairing obligations the asking price, the previous list of tenants and so forth. Data bases are very good at this sort of descritpion and comparisons over time and in parallel can give a sense of the dynamics of individual variables within what becomes a computer model based upon the Data across a whole album of individual pictures.

At this point one usualy swoons with eyes galzed over and we will all want to say something indicating understanding , something indicating the conversation has been helpfull and interesting and signalling that we agree, Big Data is full of goodness and very very useful.

"You must have a very very clever Algorithm to go with that"

Perhaps a warning label should come with each Big Data truth claim.

"Two Algorithms and some snake oil to go".

Valuation is an art and not a science, there is also art in Mathmatics both pure Maths and Applied maths always have more than one way to get to a particular solution. Thats why they are Solutions and not answers, the word Solution implies the inevitability of there being more than one way to wiggle the Elephants Trunk.

"The company will now focus on investing in technology, both in terms of its people and its assets. SEGRO plans to bulk up the proptech and digital teams that now sit in the new division. “We had already created this team as we had been working on this for a year to 18 months,” Sleath says. “We have got a small group and will be recruiting into this.

“We are looking for data scientists. We want to use data better when we install centres and pilot a dozen or so warehouses and we want to put in sensors so we can capture data.”

https://www.egi.co.uk/news/segro-chief-puts-disruptive-thinker-at-heart-of-innovation/

There are some interesting developments in the US property world which are off Radar but happening on the OIP platform in which I have been involved. Overstocks Patrick Byrne has an operation called Medici Land, Why is that relevant, let me tell you . Web 3 will revolutionise Data base hosting, Data Centres will not be required for the bulk of Data transfer which will be encrypted peer to peer. This is the Key to understanding where to focus ones DATA base ambitions in the future. ( outside of the Surveillance Capitalism State , at least. )

Anyway, on such things you will find that Medici Land ( Overstocks , Patrick Byrne) is way ahead of the curve and if the BIG DATA seduction is happening at SEGRO what is happenning in Web 3 is highly relevant.

The centralised proprietary API accessed Data Base model is so Last Millenium, Money for old rope, I Say. The future is Distributed and individualy devolved to each terminal input node. This has profound implications for Publishing and customer outreach and advertising. BIG Tech, Big Data and Prop Tech is both overrated and over valued on the out moded and out dated proprietary centralised database model, be warned! There are UBERS around every corner , and We Works lurking in every Balance sheet.

I give you," Skills Matter, but so does Cash flow".

https://www.theregister.co.uk/2019/11/05/skills_matter_goes_into_administration/

Here is the latest publically available Balance Sheet of the very useful, but for me neither fish nor foul Costar UK Limited. As with Uber one wonders whose lunch they, Costar Uk Limited, has designs upon. The US operation is quite distinct, Brokerage in the US is a rather different business to how things work in the UK Market. In the UK it seems that the US directors of Co Star think things will change , EG and Property Weeks are clearly taking different paths but its not only their Lunch that is at risk.