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Truth Machines Against the Gerontocracy with Richard Craib of Numerai

Other Life

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Is the Market Neutral Hedge Fund Dominating the Market?

Data scientists get paid out as a function of their the accuracy of their model. And another piece is how uncorrelated their model is from everyone else. If you have an incentive to have uncorrelated, contrarian ideas then you start to get really intelligent. The fund in this year is up like nine %, ah, ten%. But our competitors that are neutral like us are down about 30% A.

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