News for hackers. Stuff that matters.
Re:Financial Statement Analysis with Large Language Models by madmask on Friday May 24, 2024 @06:15PM (#40470954)
As fas as I know the more people use the strategy the worse it performs, the market is not static, it adapts. Other people react to the buy/sell of your strategy and try to exploit the new pattern.
Re:Financial Statement Analysis with Large Language Models by JonChesterfield on Friday May 24, 2024 @08:16PM (#40471631)
This is an interesting observation in combination with the popular pension strategy to continually buy index funds regardless of performance.
Re:Financial Statement Analysis with Large Language Models by ericjmorey on Friday May 24, 2024 @11:09PM (#40472359)
The average return from index funds is the benchmark that all those others are trying to beat but all the competitors trying to beat the average have a tendency to push successful strategies towards the average.
Re:Financial Statement Analysis with Large Language Models by bossyTeacher on Sunday May 26, 2024 @09:40AM (#40482105)
It only works until most people do it