How to Make Leverage Decisions

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Is there a size limit to the amount of money through the U-rays through LPs that you have within the fund? There is somewhat of a moving target because a few years ago when we had a small data set and only a few users, we felt like we couldn't do that much capital against the strategy. But now we're up to about 350 million in AUM and we think it can do quite a lot more,. maybe up to 2 billion for right now.

Richard Craib is the Founder & CEO of Numerai, a new kind of hedge fund where data scientists around the world collaborate to predict equity returns using artificial intelligence. Richard joins the show to discuss Numerai’s origins, how it embraces the spirit of open source, why it has its own cryptocurrency and MUCH more! Important Links:

Show Notes:

The genesis of Numerai
How and why Numerai gives away its dataset
Getting users to put skin in the game
How Numerai scores users; becoming comfortable with the process
Size limits & leverage
Reactions to Numerai
Numerai’s cryptocurrency
How Numerai differs from Quantopian
Data, optimization & LLMs
“Monopolize intelligence, monopolize data, monopolize money, and decentralize the monopoly”
What could go wrong?
Numerai’s relationship with its data scientists
Could Numerai’s model work in any other industries?
What could go wrong?
“Life is long”
MORE!