AI Weather Forecasting: The Next Big Bet for Hedge Funds and Institutional Investors

Doug McIntyre and David Callaway discuss companies that sell long-term weather forecasts to hedge funds and traders, enabling them to make strategic bets on weather-related events. These companies charge hefty fees, claiming their forecasts provide a competitive edge. David mentions a London-based company that could geo-target assets for long-term climate forecasting, but it went out of business during the 2021-22 bear market. The conversation highlights the potential for newer AI-driven tools to dominate this lucrative market.