On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin
<j...@997PotHill.com> wrote in <
uckksih4cjka9o03n...@4ax.com>:
>On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs
><
bloggs.fred...@gmail.com> wrote:
>
>>'A market anomaly in a financial market is predictability that seems to be inconsistent with (typically risk-based) theories of
>>asset prices.'
>>
>>People have made billions exploiting this phenomenon. AI will end that kind of opportunity in the near future.
>>
>>
https://en.wikipedia.org/wiki/Market_anomaly
>
>"Academics have not reached a consensus" is hilarious. It should be
>obvious to those academics that none of their theories about markets,
>anything past Econ 101, can't work. Well, none will admit it.
>
>AI can't pick winners either.
>
>"If you're an economist, how come you're not rich?"
I have read George Soros book 'The Alchemy of finance',
Politics.
That was after I did a training in financial markets and option trade here
and wondered why the teachers were not very rich.
https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
Long ago (year 1998 or so):
https://panteltje.nl/panteltje/financial/index.html
later got an email from some students if they could use my code as starting point..
OK,
well after that 'puters took control...
I am sure you can AI make predictions after training it on past events,
basically what I do.
But read Soros's book.