Other People's Money is the premier podcast about the business side of the fund management industry. Every week Max Wiethe sits down to learn from some of the best entrepreneurial fund managers about their experience launching and growing a fund management business. OPM is not a show about the next hot stock pick or big trade but an inside look at an opaque and misunderstood industry guided by real professional fund managers who've done it themselves.
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Other People's Money is the premier podcast about the business side of the fund management industry. Every week Max Wiethe sits down to learn from some of the best entrepreneurial fund managers about their experience launching and growing a fund management business. OPM is not a show about the next hot stock pick or big trade but an inside look at an opaque and misunderstood industry guided by real professional fund managers who've done it themselves.
Follow us on:
Max's Twitter: https://x.com/maxwiethe
OPM on Twitter: https://x.com/opmpod
Watch OPM and our Partner Show Monetary Matters on YouTube: https://www.youtube.com/channel/UCeyqw1Ns_cnhSJh5XvXPWgw
How AI Tools Are Rapidly Disrupting the Investment Industry | Brett Caughran & David Plon
Other People's Money with Max Wiethe
58 minutes
2 months ago
How AI Tools Are Rapidly Disrupting the Investment Industry | Brett Caughran & David Plon
Learn more about the new AI Academy from Fundamental Edge: https://www.fundamentedge.com/ai-academy
There’s no shortage of speculation about how AI will reshape the workforce, but one area where no speculation is needed is the investment industry. AI is already rapidly disrupting the way investment professionals conduct fundamental equity research and shifting the competitive landscape for fund managers and talent alike. In this interview with Brett Caughran, founder of buyside training academy Fundamental Edge, and David Plon, co-founder and CEO of AI powered investment research platform Portrait Analytics join OPM to discuss the areas of the investment process where AI can already make an impact, the pitfalls and weaknesses of AI in its current state, how this is changing the job description for both portfolio managers and analysts, and the surprising reality that the first movers of AI adoption
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Timestamps
00:00 Intro
01:25 The Rapid Pace of AI Advancements
07:15 How to Start Adding AI to Your Process
15:00 Thesis Monitoring and the Next Frontiers of AI Investment Research
18:45 Current Level of AI Adoption and First Movers in the Hedge Fund World
23:19 Importance of Clearly Defining Your Investment Process Before Adding AI
26:35 The Role of Specialty Investment Tools
29:49 Custom vs Off-The-Shelf Solutions
38:16 Thoughtful AI Prompting is Key
44:01 Biggest AI Pitfalls to Avoid
48:52 How Has AI Shifted the Competitive Landscape?
54:43 AI Investing Bootcamp
Other People's Money with Max Wiethe
Other People's Money is the premier podcast about the business side of the fund management industry. Every week Max Wiethe sits down to learn from some of the best entrepreneurial fund managers about their experience launching and growing a fund management business. OPM is not a show about the next hot stock pick or big trade but an inside look at an opaque and misunderstood industry guided by real professional fund managers who've done it themselves.
Follow us on:
Max's Twitter: https://x.com/maxwiethe
OPM on Twitter: https://x.com/opmpod
Watch OPM and our Partner Show Monetary Matters on YouTube: https://www.youtube.com/channel/UCeyqw1Ns_cnhSJh5XvXPWgw
