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


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.
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/lexto get $9.95 a month for 6 months
–Tryolabs:https://tryolabs.com/lex
–Blinkist:https://blinkist.com/lexand use code LEX to get 25% off premium
–Athletic Greens:https://athleticgreens.com/lexand 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:
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– Medium: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