Christmas has come early. ChatGPT just gave me these Apple stock projections through its Wolfram plug. We can now give clients the data on stock projections far more easily and quickly whereas it was a manual chore before.
More work for staff, more productive and useful staff, more great client output. We will explain it in plain English to them of course. Goal, happier, wealthier clients with more resilient portfolios suited to their risk appetite more accurately than the bog standard fund manager approach or robo dumping a load of everything into a basket of ignorance.
Remember: log-normal random walks based on historical parameters have no guarantee of future returns.
We next look for those with high probabilities of positive returns, allowing for fat tails (and that isn't easy).
It speeds things up. Don't read too much into it. Stocks don't move in log-normal distributions. They have more extreme moves.
https://lnkd.in/dTP2tpc - will explain more on https://lnkd.in/eyWfduP
Follow the experiment.
More work for staff, more productive and useful staff, more great client output. We will explain it in plain English to them of course. Goal, happier, wealthier clients with more resilient portfolios suited to their risk appetite more accurately than the bog standard fund manager approach or robo dumping a load of everything into a basket of ignorance.
Remember: log-normal random walks based on historical parameters have no guarantee of future returns.
We next look for those with high probabilities of positive returns, allowing for fat tails (and that isn't easy).
It speeds things up. Don't read too much into it. Stocks don't move in log-normal distributions. They have more extreme moves.
https://lnkd.in/dTP2tpc - will explain more on https://lnkd.in/eyWfduP
Follow the experiment.