Can Collective Intelligence Beat the Market? (with Numerai’s Richard Craib)
Azeem Azhar's Exponential View - Un pódcast de Azeem Azhar
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Quantitative hedge funds, which rely on the work of employed mathematicians to develop complex trading strategies, are nothing new. But what if the mathematical work is outsourced to anyone, via a contest where the best predictions are rewarded with cryptocurrency? Richard Craib, founder of Numerai, explains to Azeem Azhar how his $70 million fund uses collective intelligence to perform well, despite the turmoil in the markets.