Crowd-Sourced Hedge Fund Gaining Interest and Profits

Richard Craib had a new idea: Perhaps high-tech’s “masters of the universe” can outperform the old-fashioned, finance guys who predominate on Wall Street? To test his theory Craib, a former hedge fund manager, started Numerai last year. It is a crowdsourced hedge fund which hopes to bring over the best thinkers from places like Google, …