[eddythompson80]

What do you mean by front office trade tools? neural networks, predictive models and fancy pants math has been used in trading stocks for 40 years. That's what the Medallion Fund is based on and it generates bonkers returns.

I feel that what was missing is exactly AI front office trade tools. The trading pros who wanted a black box investing style, i.e: the math says buy stock X so buy stock X, have had the option to do that with the knowledge that it's extremely effective based on the Medallion Fund returns. That's compared to a more traditional Warren Buffet-like style of valuing a business or even a more Michael Burry-like style of finding missed gaps for a collapse.

What was missing all these years is what this is. A way for someone who doesn't know much about investing (or doesn't have the time) to "just past data there and ask it is this a good investment" like other esteemed HN members mentioned they are doing.