Re:BlackRock shelves unexplainable AI liquidity models
by d--b on Tuesday November 13, 2018 @09:50AM
(#18441312)
People making/exploiting models in firms such as BlackRock, Renaissance, 2Sigmas and so on, know what they're doing. Really.
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Re:BlackRock shelves unexplainable AI liquidity models
by AznHisoka on Tuesday November 13, 2018 @10:11AM
(#18441509)
I don't disagree that there are companies that definitely know what they're doing, but on the other hand, we shouldn't put anyone in the financial industry on a pedestal. After LTCM, and the financial crisis of 2008, I've learned my lesson. Half these guys don't have a clue what they're doing.