TREUSSARD TALKS E01 Alec Crawford

Investing Insights with Alec Crawford: From Computer Science to Wall Street and Beyond | Treussard Talks

Join Jonathan Treussard as he sits down with Alec Crawford to discuss the intersection of the mechanics of investing, the psychology behind investment decisions, and effective risk management strategies. Alec shares his journey from a computer science graduate to a distinguished Wall Street career, and lessons learned during the 2008 financial crisis. They also delve into the recent meme stock madness and Alec’s return to his computer science roots with his innovative AI governance venture. This episode offers a comprehensive look at investment practices, risk management, and the impact of technology on the financial world.

Learn more about Alec and his firm here: https://www.aicrisk.com/

Artificial Intelligence Risk, Inc. provides world-class cybersecurity, risk governance, and compliance management of AI systems.

DISCLAIMER: The content of ”Treussard Talks” is for informational purposes only and should not be considered as financial advice. The views expressed are those of Jonathan Treussard and his guests and do not necessarily reflect the opinions of Treussard Capital Management or its affiliates. Listeners should consult with their own financial advisors before making any investment decisions. Go to treussard.com for additional disclaimers.

00:00 Introduction to Treussard Talks

00:17 Meeting Alec Crawford

03:47 Alec's Background and Education

06:04 Transition to Wall Street

10:53 Risk Management Insights

14:22 The Importance of Financial Plumbing

21:15 The Role of Reputation in Financial Crises

22:32 Changes in Financial Institutions Over Time

23:02 The Impact of Desperation on Financial Decisions

23:49 Mortgage-Backed Securities during the GFC

29:40 The Dangers of Meme Stocks and Bad Investment Advice

31:57 Transitioning Back to Computer Science and AI

33:26 Rapid Development of AI Governance Tools

37:15 Fun and Insightful Q&A Session

39:31 Final Thoughts and Advice