computers

“That is, 99% of trading is done by computers in the cash market and derivatives markets added together.”

“Like maybe computers one day will be able to see this. We're probably pretty close actually, as far as motion analysis and things like that, but they don't have those tools quite yet.”

“And like, to me, it's gotta be a lot easier to pick stocks than to drive a car for a computer.”

“When our thesis is that humans are particularly good at the creativity required for idea generation, good at working off of thin data or very scarce data, good at defining and refining goals, knowing what questions to ask, seeing the big picture and how things…”

“Well, computers have arbed out first price discrepancies, but they've also arbed out now time discrepancies. Meaning when you find an idea and you're like, I found it, nobody's in it. Well, no computers are pretty good at using data to find the same idea.”

“IQ is now completely commoditized, both because computers are now in our days and they can consume knowledge faster than we can.”

“I went to Princeton and I studied economics rather than computer science because it explained to me the way the world worked. But I went to Princeton having no money coming from France. And so I actually built my first reasonably small company there, exporting…”