John Fawcett

Head of Equities Engineering, Citadel · 1 appearance on the record.

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founderexecutiveengineer@fawceisfawce ↗citadel.com ↗Wikipedia ↗

John Fawcett is the founder and former CEO of Quantopian, a crowdsourced algorithmic trading platform, and previously co-founded Tamale Software. Following engineering leadership roles at Robinhood, he became Head of Equities Engineering at Citadel.

6statements → 4claims → 1claims resolved → 3.83/5average certainty → 1.83/5average debate potential →

0 supported 0 partly supported 1 contradicted 3 not checkable as stated how the 4 claims stand · each chip opens the sources

2 predictions · 2 assertions · 2 insights · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 1 is resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how John argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted

Fawcett: Quantopian timestamps user strategies to eliminate overfit algorithms

“So when someone comes to Quantopia, they actually are creating their strategy in the browser, you know, on our system. And so we're building this big database of strategies. And that one piece of information is incredibly important because it makes a bright li…”

John Fawcett Jan 2, 2019 ▶ 6:09 a16z Podcast | How Technology Is Changing Investing

What they said6 Episodes1

Everything John Fawcett said on the a16z Podcast that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight

Fawcett: Successful algorithmic quants spend 100x more time on research

“We've noticed that the people who have good outcomes out of sample, when we're testing after they've created an algo, spend about a hundred times the amount of time on the research step.”

John Fawcett Jan 2, 2019 ▶ 5:00 a16z Podcast | How Technology Is Changing Investing

Prediction Not checkable as stated

Fawcett: Active asset management will always be required for institutional investors

“I think for institutional investors, there's a real need for actively managed portfolios because they have different needs, right? So they're not just trying to appreciate their assets. They have to be defensively posture. They have to be prepared for their ob…”

John Fawcett Jan 2, 2019 ▶ 11:13 a16z Podcast | How Technology Is Changing Investing

Prediction Not checkable as stated

Fawcett: Quantopian aims for total coverage of real-economy datasets within 10 years

“And the thing that we want to accomplish over the next 10 years is if you think about the explosion in data from the real economy, we want to have total coverage. We want every single data set that exists to have, you know, several humans look at it, try to ex…”

John Fawcett Jan 2, 2019 ▶ 15:19 a16z Podcast | How Technology Is Changing Investing

Insight

Fawcett: Data cleaning and signal combination are ideal tasks for full automation

“Cleaning the data, tagging the data, getting it to our community to do the creative part of turning it into signals. And then taking those signals and combining them, those are the right jobs for full automation.”

John Fawcett Jan 2, 2019 ▶ 15:53 a16z Podcast | How Technology Is Changing Investing

Assertion Not checkable as stated

Fawcett: Half of Quantopian's new traffic lands on technical research discussions

“About half of our new traffic land on discussions about things like Markov chain models, or common filters in trading, or different research topics that people are trying out, or papers they're trying to reproduce on the platform.”

John Fawcett Jan 2, 2019 ▶ 3:37 a16z Podcast | How Technology Is Changing Investing