Lex Fridman Podcast: #159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading

Lex Fridman Lex Fridman 2/7/21 - Episode Page

Richard Craib is the founder of Numerai, a crowd-sourced, AI-run stock trading system. Please support this podcast by checking out our sponsors:

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EPISODE LINKS:

Richard’s Twitter: https://twitter.com/richardcraib

Numerai’s Twitter: https://twitter.com/numerai

Numerai’s Website: https://numer.ai

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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