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Proving Alpha: How a Hedge Fund Measures AI's ROI - Hari Kumar, Contour Asset Management
Read the full talk →Key ideas
Scroll to read ↓Hari Kumar explains how Contour Asset Management compares research workflows, tracks cost per useful insight and counts the time lost to broken tools while waiting for investment outcomes to emerge.
- Document research with and without AI at the level of data sources, delegated activities, conclusions and time spent. Contour’s concrete example follows one company between two earnings reports.3:05 ↗
- Process improvements can become visible before investment returns. A thesis may take six months or a year to affect a stock price.5:05 ↗
- Agents can preserve the usefulness of earlier research by checking shelved ideas against the market and bringing them back to the analyst, portfolio manager and trader.7:18 ↗
- Cost per useful insight connects analyst effort, the tools used, the ideas produced and their eventual outcomes. Tool failures and learning time belong in that accounting.10:35 ↗