On Wed, Mar 29, 2017 at 6:40 AM Chris Kantarjiev <c...@dimebank.com> wrote:
> I have no doubt that there are folks out there who are developing (or > have developed) machine learning/deep learning models to drive trading - > no "model" or "gut feelings" involved, but "pure AI" applying past > market patterns to current and future stocks. > > We may never hear about them - because to get large enough to be > newsworthy, they need to establish a long track record, and to establish > a long track record, they need to get large enough to attract > significant funds ... > > But it will be interesting to see if we do. > > I posit that the vast majority of silklisters will not, in the near future, have access to these deep learning-driven hedge funds as a savings vehicle. In the absence of a democratized deep learning-driven fund open to consumer investors, I think low cost, index funds are still the best option in most parts of the world. I've heard it said that this is not the case in India, and I don't know enough about the markets in India. We may disagree on the value of Indexed funds. But I hope we don't disagree on the low cost part (especially when investing for 20-30 year time horizons). Thaths
