Author Trade Like A Stock Market Wizard and Think & Trade Like a Champion. Featured in Stock Market Wizard by Jack Schwager. Before following read disclosure.
If AI can trade stocks so well, why are all these AI-managed portfolios at Fidelity, Schwab and elsewhere struggling to even beat the S&P 500?
And where are the AI portfolios winning the U.S. Investing Championship?
Backtests and predictions are easy. Show me the audited, real-money results. That’s where the bullshit stops.
The answer is because it can't. There is zero evidence of any enduring or consistent results from purely AI or computer manager portfolios that can even outperform the S&P 500. Fact.