3 ms·
>The models that make the big bucks are the ones that ingest a ton of other external data to predict the numbers that go in the data entry cells here. And yeah,
by DeathArrow 2y ago
>The models that make the big bucks are the ones that ingest a ton of other external data to predict the numbers that go in the data entry cells here. And yeah, those don’t get posted online for free.
Do such models even exist? As far as I know NN are only good at function approximation. Why do we think that the market evolves according to a mathematical function? To me, financial markets seem chaotic in nature.
- asimpletune 2y agoIt’s like asking why are gym memberships and diet advice more marketed than eating less and free body weight exercises you can do anywhere. There is a market for solutions and good news, whereas there isn’t one for bad news, even if it’s free.
- amelius 2y agoIn a goldrush, sell shovels. But the noble thing to do is to stop luring people into these wealth-gap increasing casinos.
- davedx 2y agoYes but it's not really about the number crunching itself (NN's or something else), but more about modelling the "wider world" ("macro") outside the company that could drive its business. Like if you wanted to project an oil company's cash flows into the future, you'd do a lot of analysis and number crunching on things like IEA projections, known oil reserves, risk scenario analysis and the like.