“One summer day, probably in the 1870s, friends of a major short-seller got together on the shores of Newport, Rhode Island, where they admired the enormous yachts of New York’s richest brokers. After gazing long and thoughtfully at the beautiful boats, the short seller asked wryly, ‘Where are the customers’ yachts?’” Jason Zweig, in his...
[Continue Reading]Family Office Association interview: VC and Disruption of the Investment Management Industry
Angelo Robles, CEO of the Family Office Association, just posted a video interview with me on “Venture Capital and Disruption of the Investment Management Industry”....
[Continue Reading]New video: Ideas for Hedge Funds to Identify Macro Themes and Trade Ideas
I recently presented at Alpha Events’ “AI and Data Science in Trading” conference on new methods to identify macro trends (especially technology macro trends), and more narrowly trade ideas for public market investors. Below is the video and slide deck I’m drawing from my research on origination for private equity/VC funds; how large corporates can...
[Continue Reading]New techniques for identifying macro themes and trade ideas
I recently presented at the AI and Data Science in Trading conference on new methods to identify macro trends (especially technology macro trends), and more narrowly trade ideas for public market investors. I’m drawing from my research on origination for private equity/VC funds; how large corporates can identify the most relevant disruptive companies; and elicitation....
[Continue Reading]Artificial intelligence in financial services
I’ve presented at a few conferences lately on AI in financial services, particularly on how investors are using AI. I’ve posted here an expanded version of my slides. I provide an overview of why AI is a tool that so many people are exploring; what I think increases the odds of success for companies using AI;...
[Continue Reading]Design your company culture like the world’s largest hedge fund
Ray Dalio, Founder of Bridgewater Associates, the world’s largest hedge fund, is a man after my own heart. A few years ago he publicly set down his core Principles for living, managing, and investing. Bridgewater uses these codified rules for recruiting, training, and most important, managing the firm’s culture. It’s well worth your time to read them,...
[Continue Reading]How to disrupt the investing business, with Katina Stefanova (Ex-Bridgewater Management Committee)
I had a conversation recently about the investing business with Katina Stefanova, who recently left Bridgewater, the largest hedge fund in the world. I’ve always had great respect for Bridgewater, which unlike most investing organizations realizes just how critical processes and culture are to investing success. Katina served as a Senior Executive and Management Committee...
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