“You need someone external to yourself to basically pull that trigger and to do the sell you tell them when you want…”

Top Traders Unplugged · IL54: Why Smart Investors Keep Making Crazy Decisions ft. Alex Edmans

Play from 51:31
51:31

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What was described

Outsource the decision to sell a losing position to a trusted external person (spouse, risk manager, or agent)

Said nearby on the same subject

“If the risk is low, then I'm pretty much, for the most part, outsourcing everything except the final approval decision to the LLM”
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“We try not to manage them. We have a system where what we're dealing with is high trust, high clarity, personal accountability and responsibility”
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“Authority comes down essentially to what decisions am I choosing as the human in the loop to make? What decisions am I giving to the agent to make? And what decisions can the AI agent never make?”
MR
Melissa Ramey
The AI in Business Podcast ·
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