Odd Lots Bridgewater's Greg Jensen on AI, Inflation and What Markets Are Getting Wrong
63 snips
Jul 3, 2023 Greg Jensen, Co-CIO of Bridgewater Associates, delves into the transformative role of AI in finance. He discusses how Bridgewater has been leveraging AI to enhance investment strategies and the delicate balance between technology and human intuition. Jensen critiques the optimism surrounding the Federal Reserve's inflation control and explores why investors may be misjudging market signals. The conversation also touches on the evolution of AI in predictive analytics and its implications for trading and decision-making in the industry.
AI Snips
Chapters
Transcript
Episode notes
Early Prediction
- Greg Jensen's interest in prediction started young, using computers and baseball cards.
- He aimed to create optimal lineups for fantasy baseball and similar games.
Statistical Limits
- Purely statistical market prediction is flawed due to limited historical data and evolving market dynamics.
- Algorithms change market behavior, making past data less relevant.
Poker and AI
- Greg Jensen won his first World Series of Poker bracelet.
- He credits studying machine learning's approach to poker.