Feb. 7, 2021

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

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

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Apple Podcasts podcast player iconSpotify podcast player iconRSS Feed podcast player icon

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:
Podcast website:https://lexfridman.com/podcast
Apple Podcasts:https://apple.co/2lwqZIr
Spotify:https://spoti.fi/2nEwCF8
RSS:https://lexfridman.com/feed/podcast/
YouTube Full Episodes:https://youtube.com/lexfridman
YouTube Clips:https://youtube.com/lexclips

SUPPORT & CONNECT:
– Check out the sponsors above, it’s the best way to support this podcast
– Support on Patreon:https://www.patreon.com/lexfridman
– Twitter:https://twitter.com/lexfridman
– Instagram:https://www.instagram.com/lexfridman
– LinkedIn:https://www.linkedin.com/in/lexfridman
– Facebook:https://www.facebook.com/LexFridmanPage
– 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