Peter Thiel’s motto for his Founders Fund is “We wanted flying cars, instead we got 140 characters.”
We’re still not very close to the flying cars, but at least some of the technological improvements in the vehicle manufacturing world will make our wheels of the future safer, connected, and leveraging the analytics of big data. These new technological features can currently be found in some of the more luxurious brands, but as sensors and technology gets cheaper it will eventually make its way down to the Toyota Corollas of the world.
The ExodusPoint Partners International Fund returned 0.36% for May, bringing its year-to-date return to 3.31% in a year that's been particularly challenging for most hedge funds, pushing many into the red. Macroeconomic factors continued to weigh on the market, resulting in significant intra-month volatility for May, although risk assets generally ended the month flat. Macro Read More
Vehicle Manufacturing: Wheels Of The Future
Infographic source: Symphony Teleca