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Lex Fridman PodcastLex Fridman Podcast

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

Richard Craib is the founder of Numerai, a crowd-sourced, AI-run stock trading system.

Lex FridmanhostRichard Craibguest
Feb 7, 20211h 49mWatch on YouTube ↗

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Episode Details

EPISODE INFO

Released
February 7, 2021
Duration
1h 49m
Channel
Lex Fridman Podcast
Watch on YouTube
▶ Open ↗

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:

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/ Full episodes playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 Clips playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOeciFP3CBCIEElOJeitOr41 OUTLINE: 0:00 - Introduction 2:28 - WallStreetBets and GameStop saga 16:41 - Evil shorting and chill shorting 18:47 - Hedge funds 24:20 - Vlad 31:16 - Numerai 58:32 - Futre of AI in stock trading 1:04:11 - Numerai data 1:07:53 - Is stock trading gambling or investing? 1:11:48 - What is money? 1:15:05 - Cryptocurrency 1:18:22 - Dogecoin 1:22:52 - Advice for startups 1:38:43 - Book recommendations 1:40:45 - Advice for young people 1:44:46 - Meaning of life SOCIAL:

SPEAKERS

  • Lex Fridman

    host
  • Richard Craib

    guest
  • Narrator

    other

EPISODE SUMMARY

In this episode of Lex Fridman Podcast, featuring Lex Fridman and Richard Craib, Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading | Lex Fridman Podcast #159 explores Crowdsourced hedge funds, meme markets, and AI’s takeover of trading Lex Fridman and Richard Craib discuss the GameStop/WallStreetBets saga as a landmark example of decentralized, internet-native financial coordination and its ethical, social, and systemic implications.

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