Should You Trust Your Money to a Robot?
暂无分享,去创建一个
Financial markets emanate massive amounts of data from which machines can, in principle, learn to invest with minimal initial guidance from humans. I contrast human and machine strengths and weaknesses in making investment decisions. The analysis reveals areas in the investment landscape where machines are already very active and those where machines are likely to make significant inroads in the next few years.
[1] A. Tversky,et al. On the psychology of prediction , 1973 .
[2] Terrance Odean,et al. Learning to Be Overconfident , 1997 .
[3] Brad M. Barber,et al. Online Investors: Do the Slow Die First? , 1999 .
[4] G. Constantinides. The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence: Discussion , 1985 .