Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Accuracy of AI Systems
General Accuracy Rates
Overall Accuracy: Studies indicate that AI search engines provide incorrect answers over 60% of the time.
Best Performing Model: The most accurate AI model, Perplexity AI, still has a 37% error rate.
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That's pretty interesting. Looking ahead, let's propose that the bugs get worked out of AI, and a basically reliable information source becomes widely available to almost anyone. What sort of impact would that have on financial markets?
Lemme see here... maybe I can work my way through on this.
OK, If smart people don't like Trump, then... oh,I get it! Then people who are stupid would like Trump.
That's pretty cool, because not too many of us here at MFO like Trump.
Lessee now..…
Chicken says, "I have enough, so I am risk averse"
Pig says, "You should own the S&P, even if I do not"
Sheep says, "The market is up, it must be trump's work'
Rooster says, "I follow the market, but fear equities"
Owl says, "Markets go up and d…
I've been very afraid of this from the day that Trump was elected.
I very much fear that our military is eventually going to be forced to take "sides". The "sides" being the unconstitutional usurpation of power by Trump vs the protection of the Con…
The First Trust Alternative Opportunities Fund, known as VFLEX, is a closed-end interval mutual fund. It aims to achieve long-term capital appreciation by generating positive absolute returns across various market cycles.
The fund primarily invest…
per M* via Schwab-
Overall Rating Out of 534 Funds: 2 star
3 Year Rating Out of 534 Funds: 1 star
5 Year Rating Out of 474 Funds: 1 star
10 Year Rating Out of 353 Funds: 2 star
Historic Return Below Average
Historic Risk H…
So much for "analysts" and "experts". Maybe there's a reason that "analyst" starts with "anal". Even I can pull stuff out of my anal as good as the next guy.
Yes! On Monday 1/3 of the cash goes to Crypto and 1/3 to Private Equity and 1/3 to private credit. I hate being looked down on by smart rich people like FD1000. I wanna be a smart rich person too.
"Lengthy interview with Ty Cobb Friday may be illustrative. In more normal times there’d be a second voice in that interview. These are not normal times."
@hank- Exactly.
How dare anyone question the wisdom of our freely elected administrators! They ALL have impeccable backgrounds and extensive experience at important institutions such as Fox News.
