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#159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading
Lex Fridman Podcast
Feb 07, 2021
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2 hr 56 min
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Transcript available on
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Episode description
Richard Craib is the founder of Numerai, a crowd-sourced, AI-run stock trading system. Please support this podcast by checking out our sponsors: - Audible:
https://audible.com/lex
to get $9.95 a month for 6 months - Tryolabs:
https://tryolabs.com/lex
- Blinkist:
https://blinkist.com/lex
and use code LEX to get 25% off premium - Athletic Greens:
https://athleticgreens.com/lex
and use code LEX to get 1 month of fish oil EPISODE LINKS: Richard's Twitter:
https://twitter.com/richardcraib
Numerai's Twitter:
https://twitter.com/numerai
Numerai's Website:
https://numer.ai
PODCAST INFO: Podcast website:
https://lexfridman.com/podcast
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SUPPORT & CONNECT: - Check out the sponsors above, it's the best way to support this podcast - Support on Patreon:
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https://medium.com/@lexfridman
OUTLINE: Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) - Introduction (08:12) - WallStreetBets and GameStop saga (22:25) - Evil shorting and chill shorting (24:31) - Hedge funds (30:04) - Vlad (37:00) - Numerai (1:04:16) - Futre of AI in stock trading (1:09:55) - Numerai data (1:13:37) - Is stock trading gambling or investing? (1:17:32) - What is money? (1:20:49) - Cryptocurrency (1:24:06) - Dogecoin (1:28:36) - Advice for startups (1:44:27) - Book recommendations (1:46:29) - Advice for young people (1:50:30) - Meaning of life