OODAcast cover image

Episode 107: Sebastian Mallaby on How Venture Capitalists and Hedge Funds Achieve Success

OODAcast

00:00

Artificial Intelligence and Machine Translation

IBM's Peter Brown and his colleagues developed a way to translate from French to English. They were called up by Jim Simons, who said they could apply their AI techniques to trading. Their hedge fund went up 30% a year every year just like routinely killed it in the markets. The technique is now being put into practice at other firms such as Renaissance technologies.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner