Using public information and making small tweaks, an alpha-seeking AI fund manager outperformed 93% of mutual fund managers by an average of 600%.
I could care less if it beats someone on data that already happened. Let me know how it does going forward. My guess is that it won’t beat an s&p500 index fund.
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Yet the vast majority fail after you account for expenses.
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It “made” the money based on a backtest. It means nothing.
Depends on whether the AI is cheating by using data more recent than the trade date.
Will take longer to run it in real time and get meaningful results (I presume).
Can we stop letting chatbots make economic and administrative decisions, thanks
What makes you think this was LLM? From reading the article, it sounds like something else.
