A.I. and Money Management

The machine it turns out, can already replicate (pick) 70% of fund managers positions.

That statement comes from Linda Rashke, during a recent interview, link here.

Doing some research, it’s possible, this is the ‘white paper’ she’s referencing, link here.

Buried down in that text, is the statement:

‘By 2030, A.I. will handle 80% of financial decision making.’

The ‘Market Modeler’: Perry Kaufman

Ms. Rashke calls out Perry Kaufman (Time Stamp 3:14), praising him as a ‘market modeler’.

She also calls out Stanley Druckenmiller (Time Stamp: 2:38), but not in a good way.

Human Value-Added

The way to fight against the machine or at least offer something it can’t, is with the ‘outliers’.

That is, the ability to discern the next direction when presented with unpredictable (or un-modellable) events.

We’re already in unprecedented times.

For this site, assessing the ‘outliers’, seems to be happening on a near-daily basis.

Turn Out The Lights

The ‘easy money’ party’s over (time Stamp: 5:05).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

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