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Re:Reading SEC filings using LLMs by nnechm on Wednesday August 02, 2023 @03:42AM (#36968119)
I do not really imagine this as something that does all the investment work and makes a decision.

Instead, the mental model is you have an army of people who can read texts really well, as in 'reading comprehension' as they call it in english tests... This army can get you information on the fly.

Investment research involves a lot of back and forth reading and fetching tables and making conclusions, which in turn might not have much to do with stock price performance, but there's a whole industry of financial information and news for that :)

So currently, the scope is to make widely available information beyond what FactSet and CapIQ offer and even that's a long way away :)

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