How AI Tools Are Rapidly Disrupting the Investment Industry | Brett Caughran & David Plon

Learn more about the new AI Academy from Fundamental Edge: https://www.fundamentedge.com/ai-academy There’s no shortage of speculation about how AI will reshape the workforce, but one area where no speculation is needed is the investment industry. AI is already rapidly disrupting the way investment professionals conduct fundamental equity research and shifting the competitive landscape for fund managers and talent alike. In this interview with Brett Caughran, founder of buyside training academy Fundamental Edge, and David Plon, co-founder and CEO of AI powered investment research platform Portrait Analytics join OPM to discuss the areas of the investment process where AI can already make an impact, the pitfalls and weaknesses of AI in its current state, how this is changing the job description for both portfolio managers and analysts, and the surprising reality that the first movers of AI adoption Follow Brett Caughran on X: https://x.com/FundamentEdge Follow David Plon on X: https://x.com/Dplon88 Follow Max on X: https://x.com/maxwiethe Follow Other People’s Money on: Apple Podcast https://bit.ly/4e7QJ1M Spotify https://bit.ly/3Yhaazi YouTube https://bit.ly/3C63VXR X https://x.com/opmpod Timestamps 00:00 Intro 01:25 The Rapid Pace of AI Advancements 07:15 How to Start Adding AI to Your Process 15:00 Thesis Monitoring and the Next Frontiers of AI Investment Research 18:45 Current Level of AI Adoption and First Movers in the Hedge Fund World 23:19 Importance of Clearly Defining Your Investment Process Before Adding AI 26:35 The Role of Specialty Investment Tools 29:49 Custom vs Off-The-Shelf Solutions 38:16 Thoughtful AI Prompting is Key 44:01 Biggest AI Pitfalls to Avoid 48:52 How Has AI Shifted the Competitive Landscape? 54:43 AI Investing Bootcamp