Using public information and making small tweaks, an alpha-seeking AI fund manager outperformed 93% of mutual fund managers by an average of 600%.
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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.
it’s not exactly terribly difficult to beat the s&p 500
Yet the vast majority fail after you account for expenses.
kind of
for what it’s worth “AI” has been making trades around the clock for quite a long time now it’s just getting better. but it’s not the AI that you’re thinking of in the modern context like an llm these are very specific logical trading bots.
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