That comment from chief executive officer of Blackstone Group LP's alternative asset management business.
Speaking at a hedge fund conference on the role of algos/robots/call-em-what-you-like in investment decisions. The industry is using:
- big-data analysis
- machine learning
- other types of artificial intelligence
to research investments or build on ideas.
While we await some return-from-a-day-ff Europe to get active, worth checking out, for interest if nothing else.
Here is the link: Human hedge fund managers embrace robot-rival tools to amp returns
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