Sunday 4 October 2009

Cool vid of Donald Putnam, quant investing veteran

Robert Putnam Grail Partners

No, I'm not a hedge fund manager, but this is very well-articulated interview. An in-depth view of the hedge fund industry, its role in the financial economy, and the changing face of the computer model/AI-driven quantitative investment clan. According to the video, after a fairly painful recession it is (finally) received knowledge that computer-driven modelling doesn't replace human interactions with the market. It is a tool to refine the investor/manager's workflow and determine when to use the gut, when the machine, and when more time is required by a more nuanced analysis. See more here.

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