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But 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
by dx034 10y ago
But 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.