Ari’s Books: Essential Reading for New High‑Velocity Portfolio Managers
I constantly recommend Ari’s books A must read for any new high velocity portfolio manager
AI May Amplify Crowd‑Driven Market Inefficiencies, Says Goldman Expert
Interesting 18 min podcast with Osman Ali, global co-head of Quantitative Investment Strategies at Goldman Hypothesizes that AI could drive more crowding and create more market inefficiencies, akin to Retail trading dynamics https://t.co/eWyuZTR4MF
Custom AI Agents Boost Efficiency Amid Soaring Token Costs
Nice argument from @CharlieZvible as to the source of advantage on vertical agents vs. horizontal (foundation lab) agents. "With what’s coming out at AlphaSense, investors will be able to encode their own process, automate the repeatable parts, and build a workflow...
Top Talent Shifts to AI Agents, Elevating Institutional‑Grade Insight
One of many reasons I am so bullish on agents in the investment process is the trajectory of talent building in this space right now. Just one of many examples: Jack Meehan from Nephron (one of if not the top healthcare...
LLMs Likely Mirror Mediocre Funds, Not Market Alpha
I respect the hustle but the concept that an LLM can beat the market, unless very carefully deployed, is, in my opinion, very dubious. Alpha in public markets follows a power law distribution. We see this in multiple dimensions: > 92% of...
When Early Success Fades, Family Purpose Sustains You
This is so true. I lived this. Functionally, my career as a "hedge fund guy" was over at 32. I built my ego around being a rising star, working at blue chip hedge funds, big bonuses, living the hedge fund...
Investors Will Ditch DIY Dashboards for Turnkey AI Agents
The Race for the Investor's Agentic Workspace I've been following the LLM tools space really since the launch of GPT 3.5 in November '22. I have two, perhaps controversial, beliefs. 1) For *most* non-developers, the time you have spent building custom dashboards in...
Agents Transform Investment Process, Visualized via OpenAI Image 2
Having so much fun thinking through all the possibilities of rewiring the investment process with agents. And OpenAI Image 2 is so good you can really make these ideas come to life visually: https://t.co/3dK6gltK5t
Enterprise AI Dashboards Shifting From Hacky Code to Secure UI
The cool thing about Agents and Agentic Workspaces is just how user friendly you can envision the UI becoming. In my opinion, the "hacker" era of AI where every investor who wants to use AI has to be in an IDE...
Codex Empowers Non‑Tech Users to Build Agentic Workflows
So far Codex (desktop app) feels to me like a meaningful improvement from Claude Cowork for the non-technical people (like me) who just want to build an agentic workspace with connectors and codify their workflows into reusable Skills files, and...
Quantamental Investing: Merging Human Insight with Data‑Driven Alpha
I was an early intellectual convert to the concept of quantamental investing: blending the best of fundamental & quantitative investing. It just struck me as an obvious concept Blend what fundamental investors do well: > Forward-looking judgment under uncertainty > Underwriting cash flows in...
AI Hedge Funds Offer Trend Factor, Not True Edge
The bull case for AI hedge funds is they will tap into a trending factor that works, that shows some outperformance relative to the index That’s the easier game to play as well. “Pure factor constrained alpha shop” across many...
Mike Rockefeller's Podcast Democratizes Elite Healthcare Investment Insight
Super awesome that one of the most respected active healthcare investors, Mike Rockefeller (Co-CIO at Woodline and formerly a top Citadel PM) started a podcast interviewing healthcare CEOs. When I was a PM, I would occasionally share group meetings with Mike,...
AI Can Streamline Drug Approval, Boost Biotech Valuations
That is an interesting idea. This doesn't seem catered to investors per se, but with two partners in the summer of 25, we explored building an “AI-powered AlphaSense for biopharma” ultimately concluding it was too much work to do as...
Warren Buffett’s Sell Signals Predict Underperformance
With Fundamental Edge instructors Paul Johnson & Andrew Carr, we run the Applied Value Investing Certificate for Wall Street Prep (I don't consider myself a classic Value Investor by training, so Paul carriers the heavy lifting on Value Investing). On Friday...