Machine Learning (concepts) 101

A few weeks ago I started seriously studying Machine Learning (ML). I have taken some courses and read some books before, but now I am taking a step ahead. I do plan to start working on ML projects and really get into the field. To me, the only way to make sure you understand something, is the fact that you are able to explain it to others. Because of this, I decided to write a Machine Learning 101 blog post, in which I explain some (very) basic ML concepts.