Website Disclaimer October 2024

Important Legal Information & Terms of Use

By using the Cape Capital website (“Website”), you declare that:

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  • You have understood and agree to the following Important Legal Information and Terms of Use (together “Conditions”)

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About this Website

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Cape Capital is an independent wealth manager headquartered in Zurich, Switzerland.

The content of this Website (including microsites) has been prepared by Cape Capital AG, with its registered address at Utoquai 55, 8008 Zurich, Switzerland (“Cape Capital”), duly registered at the commercial register of the Canton of Zurich with number CHE-109.617.147. and contains the views and opinions of the particular individuals and is for general information and marketing purposes only. All copyrights and other rights, included but not limited to logos and registered trademarks relating to the entire content of the Website are reserved exclusively to Cape Capital or the specifically designated right holders. Any use, in particular the reproduction or publication in full or in part is permitted only with the prior written consent of Cape Capital. Cape Capital may from time to time suspend the operation of this Website for repair, maintenance or improvement work, or in order to update or upgrade its content or functionality. Cape Capital may also change the format, content and/or access of this Website at any time at its sole discretion without notice. Although Cape Capital believes that information provided on this Website is based on reliable sources, content on this Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. Therefore Cape Capital cannot assume responsibility for the quality, correctness, timeliness or completeness of the information contained herein. Unless otherwise stated, the numbers/figures on the Website are unaudited.

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Cape Capital is a regulated asset manager of collective assets according to the Federal Act on Financial Institutions of 15 June 2018 (FinIA) and supervised by the Swiss Financial Market Supervisory Authority FINMA, Laupenstrasse 27, CH-3003 Bern, Switzerland (FINMA). The Website contains information about various collective investments (“Funds”) which may have been registered or otherwise notified for distribution and marketing in the jurisdiction you have selected. Please note, that such registration or notification does not mean that the Funds are suitable for all investors and their investment objectives, financial situation and risk profile. As an asset manager of collective assets, Cape Capital is, among others, subject to the rules under the Swiss Financial Services Act (FinSA), the Swiss Collective Investment Schemes Act (CISA) and the Swiss Financial Institutions Act (FinIA).Cape Capital is affiliated to the following Ombudsman according to FinSA: Finanzombudsstelle Schweiz (FINOS), Talstrasse 20, CH-8001 Zurich, Switzerland. For further information, please refer to the General Client Information Document available on the Website which forms an integral part of these Conditions. Cape Capital is an independent wealth manager headquartered in Zurich, Switzerland.

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No Solicitation, Offer, Recommendation or Advice

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Nothing contained on this Website constitutes a solicitation, an offer or a recommendation to buy or sell any Cape Capital Funds or other financial instruments, nor does it constitute any form of personal investment advice which takes into account your personal circumstances. Cape Capital does not provide investment, legal, tax or other advice through this Website and nothing herein should be construed as such advice. Cape Capital does not represent that any Cape Capital collective assets or financial instruments mentioned on this Cape Capital website are suitable for any investor. Investment or other decisions should be made solely on the basis of the relevant product and/or service documents (prospectus/offering memorandum, fund contract/articles, key information documents, financial reports) of the respective collective investment. If not a Cape Capital client, it is strongly recommended to contact a professional financial advisor, tax consultant or other qualified expert in order to determine whether an investment in a Fund or other financial instrument corresponds to the specific requirements and preferred level of risk of the investor.

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Any collective investment schemes mentioned on this Website may, unless explicitly stated otherwise, not be offered, sold or delivered to United States (U.S.) citizens or persons resident or incorporated in the U.S. and/or other natural or legal persons whose income and/or returns, regardless of origin, are subject to U.S. income tax, as well as persons who are considered to be U.S. persons pursuant to Regulation S of the U.S. Securities Act of 1933 and/or the U.S. Commodity Exchange Act, in each case as amended from time to time.

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Risk Considerations

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The provision of financial services and investments in Funds and other financial instruments involve opportunities but also bear risks, including the risk that the value of investments and the income therefrom may fall or rise and investors may not get back the full amount invested or may even lose all of their investment. Investors should ensure to have fully understood such risks before taking any investment decisions. Cape Capital strongly advises to consult the brochure “Risks Involved in Trading Financial Instruments” of the Swiss Bankers Association (SBA) as well as  the relevant documents of the respective Fund or financial instrument and to seek professional investment advice before taking any decision to invest. Investors should note, that these Conditions do not represent a complete statement of risks associated to a Fund or a financial instrument. Past performance is no indication of current or future performance. Performance data do not include commissions and costs incurred by investors when subscribing or redeeming Fund shares.Investments, in particular collective investments in private equity, venture capital and other illiquid assets involve an above-average degree of risk, including the risk that losses may even exceed the original investment and should be seen as long-term in nature.

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The use of this Website, including any information accessed, downloaded or otherwise obtained through the Website is at your own risk. This Website, together with all content, information and materials contained therein, is provided “as is” and “as available”, without any representations or warranties of any kind, whether express or implied, with respect to the Website, and all information and functionalities contained therein.

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IN NO EVENT SHALL CAPE CAPITAL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL OR OTHER DAMAGES (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF DATA, BUSINESS OR PROFITS) ARISING OUT OF OR IN CONNECTION WITH THESE CONDITIONS, THIS WEBSITE, THE INABILITY TO USE THIS WEBSITE OR ANY INFORMATION OBTAINED OR STORED THERFROM. Cape Capital excludes any liability for any loss, damage or alteration of any kind including but not limited to transmission to losses, delays, misunderstandings, unauthorized interception by third parties, duplication or fraud, except in the event of gross negligence on the part of Cape Capital. Any transmission or download of information is entirely at your own risk.

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The access and use of this Website, and these present Conditions are governed by substantive Swiss law with the exclusion of the conflict of law principles. The place of jurisdiction is Zurich, Switzerland.

Last Update: October 2024

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Creative brainwaves: being human is still a competitive advantage

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FOLIO Edition IX: WAVES
Innovation & Technology

What if daydreaming, slowing down, and even listening to your own heartbeat could make you think better? As AI races ahead, University of Cambridge neuroscientist Dr Hannah Critchlow argues that the smartest response may not be trying to keep up, but rediscovering the distinctly human intelligence we already have.

Stories about the growing power of the most advanced AI models – and its impacts on society – are constantly in the news but scarce attention is paid to how we, as humans, can improve our unique cognitive abilities in a time of such seismic technological change. Which is where Dr Hannah Critchlow, a neuroscientist, keynote speaker and Fellow at Magdalene College, University of Cambridge, comes in. “We're using information about our own intelligence to inform the development of AI but I wanted to flip that knowledge of the neural circuitry to look at how we can harness the true human cognitive capacity available to us,” explains Hannah, of the thinking behind her latest book, The 21st Century Brain. “I wanted to explore how we can increase our emotional intelligence, be more creative, and fuel our brains much more effectively.”

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To do this, first we need to ensure that we are functioning at our absolute best. We’re all well-versed in the basics: the need for physical movement, eating well and getting enough sleep. But lately, one area of scientific research has focused on how important these fundamental habits are for the brain’s energy system in particular (although the brain represents just two per cent of body weight, it consumes about 20 per cent of our energy at rest). “When I was studying cell and molecular biology, mitochondria were thought to be quite dutiful but a little bit dull. The power stations of the body, rather than the stars of the show,” says Hannah estimating that in total, we carry an estimated 10 million billion mitochondria, collectively accounting for roughly a 10th of our body mass. “Recently, scientists have begun to suggest that these minuscule structures underpin the health of our cells.” 

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If we increase our physical and mental exercise, mitochondria sense the need for more energy to create brain waves, and they start to multiply (through mitogenesis). “Increasing the capacity for generating energy means you can think and feel more intelligently. Studies that have linked the number of healthy mitochondria to heightened arithmetic ability, information processing speed, reasoning, and even IQ,” continues Hannah. Sleep helps to remove defective mitochondria; eating healthily provides them with the fuel they need to flourish. 

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Perhaps obviously, creativity is a key area where humans and technologies differ. “That too many of us don’t believe ourselves to be creative is almost certainly the biggest block to our individual and collective creativity, and it’s being stoked by paranoia about AI having already rendered our creativity obsolete. Nothing could be further from the truth. AI systems have no intrinsic desire to create something; they’re just reacting to prompts. Active engagement is lacking,” argues Hannah in The 21st Century Brain. “[For humans] the value comes from the process of writing a book so you wouldn’t ask Chat GPT to do it. If we’re going to evolve alongside AI, thrive in an increasingly polarized world, tackle pressing challenges and experience greater well-being and more personal satisfaction, then it is imperative that we protect and develop our creative capacities.” 

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The eyes, ears, and other senses bombard the nervous system with about 11 million bits per second of raw data from the environment, of which we are aware of only around 40 bits per second

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New brain imaging tools are helping scientists understand how creativity arises, with research suggesting that spontaneous mind wandering is not only an incubator for innovative ideas but allows us to access some of the vast amount of information stored in our brain that’s usually unavailable. “It’s incredibly healthy brain time. Alpha waves – one of the slowest of the awake brain waves – are very high when we’re in this mind wandering state and they are linked to creativity,” continues Hannah, citing a 2019 study published in Psychological Science which indicated that at least 20 per cent of our creative ideas occur during this time. “It pays not to be completely focused on particular goals all the time.” What’s also interesting is that paradoxically, AI might prove to be a catalyst for society placing greater value on creativity – something which hasn’t always happened in the past. 

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Much like prioritising time to be creative, we can also exercise other innate traits such as emotional skills, empathy and interoception. The latter, says Hannah, allows us to tap into signals from others and our environment that the conscious mind would otherwise miss. “The eyes, ears, and other senses bombard the nervous system with about 11 million bits per second of raw data from the environment, of which we are aware of only around 40 bits per second. A huge amount of information from the outside world, including cues given off by the people around us, are stored in our peripheral nervous system,” she continues.   

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Hannah cites several studies which found that something as simple as listening to your own heartbeat after exercising increases that interoceptive ability. One such study with Wall Street traders even showed that those who could “very accurately count their heartbeat and listen to signals from their body, made better decisions during a period of high volatility and uncertainty in the financial market.” She continues: “it works through embodied cognition by sending signals to the insula in the brain which senses our environment, taps into the collective intelligence in the room, and integrates that information into our decision making.”

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In a world of social media and the spread of misinformation – as well as the very real possibility of being misled by AI in the future – taking advantage of collective human intelligence is more critical than ever. “Getting a group of diverse brains together and communicating effectively means that we can see the world more clearly, problem solve and innovate more effectively,” says Hannah. “It is increasingly clear that intelligence in the context of a mega-group rests on our capacity to harness emotional intelligence and develop empathy with others.” Synchronising brain waves, which can be boosted by activities such as singing in a choir or direct eye contact, supports this.  

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Another notion explored in the book is that rather than lament our individual inability to process data as fast as AI, perhaps we would do better to learn to appreciate the benefits that comes with human slowness. To appreciate that there is untapped potential for clarity, insight and creativity when we lean into thinking slowly. “Our success in this hyper-connected world will be determined not by our understanding of the tech itself but by our ability to behave intelligently in our continually updating environment. We cannot afford not to understand what’s at stake, to deskill ourselves through over-reliance or sidestep the necessary hard thinking about how we want this powerful tool to be used,” she concludes. “To future-proof our brains, we must think about using AI to complement our own skills.”

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The 21st Century Brain: Cutting Edge Neuroscience to Help Us Navigate the Future (published by Torva) is out now.

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