Hmm. This VC-beating AI story comes just as VCs are heading out for August vacation. This paperclip maximizer is getting inside VC OODA-loophttps://twitter.com/stratandbiz/status/892222133656596480 …
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Replying to @vgr
Index funds have beaten managed funds for how long? Would bet an "algorithm" (i.e. some simple rule set) could beat humans here too.
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Replying to @atduskgreg @vgr
Someone should cloak an algorithmic VC in an "index fund" Manufactured Normalcy Field.
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Replying to @atduskgreg
Not the same thing. Index funds are a simple lagging indicator strategy. Machine learning on leading indicators is much harder.
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Replying to @vgr @atduskgreg
Also unlike public market fund managers, in private markets, top VCs do seem to produce market-beating returns. Not fooled-by-randomness
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Replying to @vgr @atduskgreg
I'm getting the distinct feeling lately that you don't like the tech industry

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Replying to @vgr
I think it's at a particular ebb of excellence lately, let's say.
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Replying to @atduskgreg
Nah, I think you just went Hollywood. I bet you met Aaron Sorkin or something and he infected you with anti-tech virus.
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Replying to @vgr
Hey I work at Riot Games. Which technically means I work for Tencent.
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Hah that explains it. You're a China bull/SV bear trying to manipulate market sentiment
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Replying to @vgr
Haha! I wish I had Tencent stock. Sadly joined after the acquisition.
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