Brett Caughran
@FundamentEdge
Followers
48K
Following
2K
Media
489
Statuses
4K
Completed my hedge fund tour of duty (Maverick, D.E. Shaw, Citadel, Schonfeld). Adjunct at ASU. Now building an exceptional analyst training firm. DMs open!
Scottsdale, AZ
Joined September 2018
Well, this was fun. We just completed our four live Zoom sessions that each ran ~3.5 hours, in aggregate about 14 hours of class time & ~700 slides, exploring this very simple question: how can fundamental investors deploy AI into the investment research process? While we expect
NEW PROGRAM: AI FOR INVESTMENT RESEARCH I am really excited to announce our newest cohort-based learning intensive: AI for Investment Research. Which is officially open for enrollment NOW for program kick-of September 15th. The evolution in AI from GPT 3.5 in November ‘22 to
2
1
26
I went through this exact journey myself. After 13 years climbing the ladder at hedge funds in NYC and ultimately reaching my goal of becoming a portfolio manager, I had a major internal crisis. I had the analytical capabilities to do the job, but my nervous system wasn't wired
status = identity. get good grades. go to top school. get top banking/consulting job. maybe MBA. pivot to "next" step in corporate/hedge funds/PE, etc. brunches, cocktail parties are spent sharing what is going on at work. in NYC/SF, the first question is "what do you do for
281
401
6K
I will make the motion at tomorrow’s Executive Council meeting for $2 million in emergency funding to sustain SNAP benefits for 74,000 NH Residents @NHFB
3
3
23
Fundamental Edge continues to support undergraduate investment clubs with a free introductory subset of our on demand curriculum, live monthly office hours, and introduction to our enterprise clients for internship and full time recruiting opportunities. We currently support
FUNDAMENTAL EDGE X INVESTMENT CLUB Twitter/X is such a cool place. Since this tweet 3 days ago I have received inbound interest from 22 investment clubs (in four countries). Some of these clubs have 300 members - wow! What we are doing here: Taking an introductory subset of
3
1
46
tell me how rich u are without actually telling me.
14
2
374
What makes @dsundheim great is on full display in this pod - precision of thought and economy of word across multiple domains. Simple, but hardly easy.
open.spotify.com
Cheeky Pint · Episode
4
15
246
Great discussion and cool this was shared publicly
👀AI Investor rapid-fire debate datacenters, NVDA, META, GOOG, AAPL, MSFT, SK Hynix, Memory, Robots, "Lifecording", open source, maintenance capex, decline of SaaS, Anduril + more... -Brad Gerstner (Altimeter) -Andrew Homan (Maverick) -Josh Wolfe (Lux) -Chase Coleman (Tiger)
2
10
155
Highly encourage a @JaredKubin follow Has been posting super helpful dispatches from recent factor carnage My view…finding alpha in factors is hard, but without adopting a factor lens it’s almost impossible to understand why stocks move up & down in 2025…factor risk
LIQUIDATION NATION 10/17: “We Ain’t In The Prisoner-Takin’ Business" *overnight puke -> Tariffs are "unsustainable" kick save **BTC / risk assets the big outliers this week (gross) ***Atlanta FED accelerating as credit fears ding Fins - GS HF Index +255bp today and +14% in 2
10
8
157
LIFT Daily Prayer: The Lord Is High Above All Nations | October 27, 2025 Today’s Verse: Psalm 113:4 (NKJV) “The Lord is high above all nations, His glory above the heavens.” God alone reigns above every ruler, government, and power. His authority is unmatched, His glory beyond
22
95
354
Viking Global’s Staff Are Flooding Their New AI Bot With Questions — But It’s Not Picking Stocks Yet At Viking Global, the $53 billion “Tiger Cub” hedge fund, employees are firing off about three questions per minute to their newest in-house AI chatbot, VikingGPT 2.0 — a sharp
6
16
220
Well, it’s time to start work on Credit Academy. Analyst Academy has exceeded my wildest initial bull case in terms of market demand (both open cohorts & enterprise adoption). We have served nearly 1,400 students in 3 years and over two dozen firms on a direct and ongoing basis.
9
2
34
I started recently, on the recommendation of a friend, using Wispr primarily to interact with ChatGPT. It's a wonderful tool for LLMs because short inputs can be quite vague and not necessarily elicit optimal responses from an LLM. Typing a few paragraphs in can be cognitively
This is absolutely insane and proof that voice is about to transform the workplace. At Wispr, employees use voice hundreds of times a day to multitask across their entire workflow. Here’s one dev using Cursor and Gmail simultaneously, all through WHISPERING, on a $10 mic.
7
12
223
LIQUIDATION NATION 10/9: "I love the smell of NAPALM in the morning" *now you know its getting good -> high beta spec assets completely decoupled in down moves now -> we are in the end game where people get knocked out or live to be heroes **mixing it up today -> going with some
Factors 10/8: LIQUIDATION NATION cont. -> YOLO or NOTHING day #9 *QQQ finishes right tail vs VWAP - GS HF INDEX -55bp -> now -10% for OCT and one of worst starts to a month ever - Short MoMo +90bp - Low Quality > High Quality +70bp - Shorted Stocks +170bp - VOL +130 & now +68%
15
13
103
Purifying millions of gallons of water using small amounts of electricity, and our machines look like they belong either in Tomorrowland or a Christopher Nolan movie. ⚡️
2
5
54
AI & Alpha Investing: My Hypothesis, "from increasing returns to scale, to increasing returns to skill" Having just completed Part 1 of our new program AI for Investment Research (~15 hours of live Zoom sessions & ~700 slides around integrating AI in the into the investment
9
15
138
Global $450M small cap L/S, generalist firm hiring an analyst, will report to PM & Senior Analyst. Ideal candidate has <4yrs work experience, VIC member or substack author, demonstrated passion for public markets, curious, eager to learn. Please send to hfreflection@gmail.com
19
23
324
A longer list of hedge fund returns this year, including Millennium and Rokos
71
89
772
Always great to obtain true ALPHA nuggets that increase one's understanding of present & future trajectory of the digital experience asset anchored landscape. Easy to see that the decentralized @btcworldasset PoW asset model is an inevitable path to Bitcoin MetaRealm ownership.
4
14
39
Excited to guest teach a class on “idea generation: before & after AI” at Columbia Business School today
10
2
161
