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It's not nitpicking. The two are very different. Hedge Funds (and other proprietary firms) using AI-training software to automatically trade are attempting to
by ryporter 11y ago
It's not nitpicking. The two are very different. Hedge Funds (and other proprietary firms) using AI-training software to automatically trade are attempting to generate Alpha, are run as a separate fund, and are available only to the rich. Robo advisers generally attempt to manage a diversified portfolio that performs in line with the market, trade in the customer's own account, and are available to everyone.