PIMCO’s perspective on the use of machine learning techniques in investing

Author: Eamonn Sheridan | Category: News

An interesting and quick read from Pacific Investment Management Company (PIMCO). 

It takes a look at machine learning in investing:
  • machine learning (ML), which we define here as including deep learning and artificial intelligence (AI)
  • it is not a panacea
  • and if used indiscriminately or for the wrong applications, it can be counterproductive
It asserts what MI is good for (prerequisties to apply it)
  • and what it is not good for.
And how to use it:
  • as complementary tools to enhance our time-tested investment process, not as replacements for it
Interesting stuff. Here is the link.

Scroll down past the MMT stuff (zzzzzzzzzzzzzzzz). Or have your machine scroll down for you.

An interesting and quick read from Pacific Investment Management Company (PIMCO). 
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose