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by user3939382 1155 days ago
We have very sophisticated technical forecasting algorithms. I doubt ChatGPT could improve there. Where it may be excellent though is in “sentiment analysis” which plays a role in forecasting.
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I wonder why despite all of this, nearly all active money management funds perform below S&P.
I would wager that the period of actively-managed funds underperforming the broader market overlaps with the period of Federal Reserve largesse.
because the average investor isn't aware of that simple fact, or they think they really can keep consistently breaking the market