David Harding on fission
From FII ESG London - S09 | The Road to Fossil Fuel Reduction · · FII Institute
“There's one problem with that power [fission] — it produces very long-lived, very dirty and very nasty nuclear waste which lasts for like 100,000 years.”
On , David Harding, Founder & CEO at Winton Group, spoke about fission during FII ESG London - S09 | The Road to Fossil Fuel Reduction on FII Institute.
About David Harding
David Harding, founder and CEO of Winton Group, has spoken extensively about the evolution of quantitative investing and the challenges facing the hedge fund industry. He has described the current environment for systematic strategies as "tough times," citing low interest rates and increased crowding of strategies as factors that have compressed returns. Harding noted that Winton has responded by diversifying beyond its traditional trend-following approach, shifting a greater proportion of its trading into equity portfolios and expanding the number of stocks it tracks from around 1,500 to 7,000. He has also highlighted the firm's adoption of cloud computing and the use of high-frequency data for measuring correlation changes, even as Winton maintains a relatively long-term trading horizon. Harding has also discussed his views on energy and philanthropy. He has expressed optimism about nuclear fusion, describing it as approaching a "Wright brothers moment" and noting that private investment and advances in high-temperature superconductors could enable smaller, cheaper reactors. He has been critical of what he calls the "bureaucracy of ESG," stating that he is not comfortable with external bodies imposing a definition of moral investing Poisson. Harding has said that his philanthropic giving has focused on educational causes in mathematics and science, particularly the public understanding of statistics and risk, as well as fundamental scientific research into sustainable energy.