“We allow our artificial intelligence to learn what style of investment works over the long run,” says Spencer Greenberg, the fund’s head.
Their algo is named, “Star.”
“[Star] will evaluate the way stocks look from a value perspective, growth, momentum, macro perspective.”
“In practice, it will use a fusion of multiple styles that it’s learned.”
Their explanation doesn’t explain much and the stocks they invest in are a mystery, too — the guys wouldn’t name any of their investments for the Wall Street Journal interviewer.
But they do allow a look inside their offices, which are pretty nice. A few cubicles, a conference room, (notice the nice suits as you pass them by). And take note of the guy with the best office: Spencer Greenberg, because he might be running a $1 billion fund some day.
Says Jonathan Sturges.
“I’d like to see this grow to become a billion dollar fund someday.”
Now watch this video to check out their digs (from The Wall Street Journal):
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