#159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading

Richard Craib is the founder of Numerai, a crowd-sourced, AI-run stock trading system. Please support this podcast by checking out our sponsors:
- Audible: https://audible.com/lex to get $9.95 a month for 6 months
- Tryolabs: https://tryolabs.com/lex
- Blinkist: https://blinkist.com/lex and use code LEX to get 25% off premium
- Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil

EPISODE LINKS:
Richard's Twitter: https://twitter.com/richardcraib
Numerai's Twitter: https://twitter.com/numerai
Numerai's Website: https://numer.ai

PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
Apple Podcasts: https://apple.co/2lwqZIr
Spotify: https://spoti.fi/2nEwCF8
RSS: https://lexfridman.com/feed/podcast/
YouTube Full Episodes: https://youtube.com/lexfridman
YouTube Clips: https://youtube.com/lexclips

SUPPORT & CONNECT:
- Check out the sponsors above, it's the best way to support this podcast
- Support on Patreon: https://www.patreon.com/lexfridman
- Twitter: https://twitter.com/lexfridman
- Instagram: https://www.instagram.com/lexfridman
- LinkedIn: https://www.linkedin.com/in/lexfridman
- Facebook: https://www.facebook.com/LexFridmanPage
- Medium: https://medium.com/@lexfridman

OUTLINE:
Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) - Introduction
(08:12) - WallStreetBets and GameStop saga
(22:25) - Evil shorting and chill shorting
(24:31) - Hedge funds
(30:04) - Vlad
(37:00) - Numerai
(1:04:16) - Futre of AI in stock trading
(1:09:55) - Numerai data
(1:13:37) - Is stock trading gambling or investing?
(1:17:32) - What is money?
(1:20:49) - Cryptocurrency
(1:24:06) - Dogecoin
(1:28:36) - Advice for startups
(1:44:27) - Book recommendations
(1:46:29) - Advice for young people
(1:50:30) - Meaning of life

Richard Craib is the founder of Numerai, a crowd-sourced, AI-run stock trading system. Please support this podcast by checking out our sponsors:

– Audible: https://audible.com/lex to get $9.95 a month for 6 months

– Tryolabs: https://tryolabs.com/lex

– Blinkist: https://blinkist.com/lex and use code LEX to get 25% off premium

– Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil

EPISODE LINKS:

Richard’s Twitter: https://twitter.com/richardcraib

Numerai’s Twitter: https://twitter.com/numerai

Numerai’s Website: https://numer.ai

PODCAST INFO:

Podcast website: https://lexfridman.com/podcast

Apple Podcasts: https://apple.co/2lwqZIr

Spotify: https://spoti.fi/2nEwCF8

RSS: https://lexfridman.com/feed/podcast/

YouTube Full Episodes: https://youtube.com/lexfridman

YouTube Clips: https://youtube.com/lexclips

SUPPORT & CONNECT:

– Check out the sponsors above, it’s the best way to support this podcast

– Support on Patreon: https://www.patreon.com/lexfridman

– Twitter: https://twitter.com/lexfridman

– Instagram: https://www.instagram.com/lexfridman

– LinkedIn: https://www.linkedin.com/in/lexfridman

– Facebook: https://www.facebook.com/LexFridmanPage

– Medium: https://medium.com/@lexfridman

OUTLINE:

Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.

(00:00) – Introduction

(08:12) – WallStreetBets and GameStop saga

(22:25) – Evil shorting and chill shorting

(24:31) – Hedge funds

(30:04) – Vlad

(37:00) – Numerai

(1:04:16) – Futre of AI in stock trading

(1:09:55) – Numerai data

(1:13:37) – Is stock trading gambling or investing?

(1:17:32) – What is money?

(1:20:49) – Cryptocurrency

(1:24:06) – Dogecoin

(1:28:36) – Advice for startups

(1:44:27) – Book recommendations

(1:46:29) – Advice for young people

(1:50:30) – Meaning of life