#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:
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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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– 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