Investment Strategies
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A Conversation with Eli Lilly CEO Dave Ricks: Navigating the Global Future of Healthcare
The latest episode of T. Rowe Price’s “The Angle” podcast features a discussion between Eric Veiel and Eli Lilly CEO Dave Ricks on chronic disease management, leadership, and global healthcare challenges. Ricks provides insights into healthcare’s future, particularly regarding innovations in areas like diabetes, cancer, Alzheimer’s, and weight loss drugs. The podcast, part of a C-suite series, aims to offer dynamic perspectives on market trends and connects macroeconomic forces with corporate strategy. “The Angle” is one of two podcasts by T. Rowe Price, which manages $1.79 trillion in assets.
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Buffett’s Virtual Double Enters the Market: Can This AI Replica Really Trade for You?
Warren Buffett, 94, steps back from public investing as developer Virattt launches “AI Hedge Fund,” an open-source simulator channeling strategies from nine legendary investors, including Buffett’s value principles and Graham’s frameworks. Tests showed a 14% return from a simulated $1M AAPL short (April 30-May 5) but mixed accuracy across FAANG+Tesla stocks (80% for single strategies, 60% for hybrid models). While praised for educational transparency in exposing financial metrics, the platform warns against commercial use due to data costs, model inconsistencies, and risks of algorithmic overreliance. LLM-based committee hybrids face alignment challenges, echoing historical quant fund pitfalls.