Computer Models Won't Beat the Stock Market Any Time Soon
Bloomberg Businessweek ,
2019
Recommendation
Many companies sift through masses of data to present highly targeted recommendations to their customers. But except for a few hedge funds, financial firms haven’t found a way to use computer models to identify worthwhile investments. In this informative analysis, portfolio manager Richard Dewey explains why it’s easier for your smartphone to recognize your face in a crowd than it is for a powerful computer to discover undervalued stocks. Financial professionals, investors and anyone interested in the potential of revolutionary technologies will appreciate this fascinating overview.
Summary
About the Author
Richard Dewey is a portfolio manager at the Royal Bridge Capital hedge fund.
Comment on this summary or Start Discussion