Ep.135 — A Deep Dive into Deep Reinforcement Learning w/ Julia Bonafede

Julia is the co-founder of Rosetta Analytics Inc, “an alternative asset manager that is pioneering the use of advanced artificial intelligence to build and actively manage liquid investment strategies”.

Prior to co-founding Rosetta, Julia served as President of Wilshire Consulting and was a member of Wilshire’s Board of Directors and Consulting Investment Committee.

Julia joins the show to take a deep dive into deep reinforcement learning and Rosetta’s pioneering work using AI as the basis of its investment strategies.

Important Links:

- Rosetta Analytics - https://www.rosetta-analytics.com
- Julia’s LinkedIn - https://www.linkedin.com/in/juliabonafede/

Show Notes:
[00:00:00] - Intro
[00:01:40] - Main Podcast
[00:04:08] - Julias journey from Wilshire to Rosetta
[00:12:03] - Defining deep reinforcement learning
[00:20:10] - AI and non-linear thinking
[00:29:44] - Using adaptive models
[00:36:50] - Overcoming the human need for ‘why’
[00:49:03] - Pitching deep reinforcement learning models to new investors
[00:56:10] - Telling positive stories about AI; improving our discourse
[01:08:34] - “Wake up and look for the joy”; “overcoming fear is the biggest barrier to success”

Books Mentioned:

- What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time; by Jim O’Shaughnessy
- The Beginning of Infinity: Explanations That Transform the World; by David Deutsch
- The Fourth Turning: An American Prophecy - What the Cycles of History Tell Us About America's Next Rendezvous with Destiny; by William Strauss and Neil Howe