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> I don't need data, I need advice. And you will get better advice when that advice is data-driven. And you need the data because it's GS's proprietary data. I
by solatic 10y ago
> I don't need data, I need advice.
And you will get better advice when that advice is data-driven. And you need the data because it's GS's proprietary data. If you're paying for a relationship, all you're really paying for is a smiling human face to read the numbers on the screen to you.
- dx034 10y agoBut for many markets, data isn't readily available. Liquid equity markets have tons of data, but if you need to price bonds for highly illiquid bonds of private companies, valuation cannot easily be done by AI. Especially when factors such as the behavior and reliability of management play a role.