Why machine learning cannot learn the stock market
Has Machine Learning failed the hedge fund industry?
Anthony Ledford and his colleagues at Man AHL spent three painstaking years building a machine-learning model to do something mere mortals often can’t: find fresh ideas in an avalanche of data.
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“When people talk about machine learning, I suppose it’s 65 percent a marketing gimmick and 35 percent substance. But that 35 percent can be very good.”