Chapter
The Future of Hedge Funds
1:09:55 - 1:14:44 (04:48)
The rise of big data and technology in the hedge fund industry has created a demand for highly skilled individuals, leading to a third of American PhDs working in hedge funds. With access to the same data and talent, it's difficult to imagine a scenario where one hedge fund consistently outperforms others.
Clips
The guest believes that with a solid data model and perfect data, a company like Numeri could manage all of the world's money without losing.
1:09:55 - 1:11:55 (01:59)
Numeri
Summary
The guest believes that with a solid data model and perfect data, a company like Numeri could manage all of the world's money without losing. Additionally, there is a possibility of 10X data growth for Numeri each year for the next ten years.
ChapterThe Future of Hedge Funds
Episode#159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading
PodcastLex Fridman Podcast
The podcast discusses the impact of hedge funds on the talent pool of the space race and the idea of Numeri freeing up talent from hedge funds to work for SpaceX.
1:11:55 - 1:14:44 (02:48)
Space
Summary
The podcast discusses the impact of hedge funds on the talent pool of the space race and the idea of Numeri freeing up talent from hedge funds to work for SpaceX.