Episode 181: M&A News; Limitations of AI

This week, Anthony is back on the podcast with Wei-Shen. They talk about the investment Swedish private equity firm EQT made in Rimes Technologies, as well as the two acquisitions the Chicago Board Options Exchange (Cboe) made this week. Then, they discuss some drawbacks of AI when looking at predicting market movements. https://www.waterstechnology.com/management-strategy/4811986/rimes-wards-off-sale-speculation-with-investment-from-eqt https://www.waterstechnology.com/management-strategy/4812921/cboe-buys-hanweck-and-ft-options-in-dual-acquisition https://www.waterstechnology.com/technology/4798531/nomura-chief-warns-of-ais-limitations 1:00 – Tony joins the podcast to talk about this week’s acquisition and investment news, and issues with using AI as a predictability tool of market movements. 3:00 – Then, he cautions how M&A speculation stories generally, might be a play to perhaps make the valuation of a company look better, highlight the competition, et cetera. 9:00 – Tony explains why he finds it interesting that EQT invested in Rimes. 11:30 – Then, they talk about the conflict of interests that could arise if an exchange does acquire such a company like Rimes. 13:00 – Next, they discuss the acquisitions that CBOE recently made to boost its risk analysis capabilities. 20:00 – Tony and Wei-Shen then talk about whether AI could truly predict market movements. 28:30 – Could AI be like a shot of steroids to traders, if used correctly? 31:00 – Then, they talk about how the idea of time has been distorted by how we consume content, where we are sometimes more willing to binge-watch 8-hours of a TV series, but not as willing to watch a 3.5-hour movie. 36:00 – They wrap up the podcast by admitting how impossible it is to live without our mobile phones.