Using public information and making small tweaks, an alpha-seeking AI fund manager outperformed 93% of mutual fund managers by an average of 600%.
Using public information and making small tweaks, an alpha-seeking AI fund manager outperformed 93% of mutual fund managers by an average of 600%.
So an AI is trained on historical data and then is asked to predict such historical data to use as a metric. Hmmmm. Let’s see it perform on future data before claiming anything wild.