I spent a year and $5,700 to see if ChatGPT can beat the market (S&P 500)

Re:I spent a year and $5,700 to see if ChatGPT can beat the ... by eps on Monday May 27, 2024 @05:23PM (#40494870)

It was easy to beat spy over this period by investing into, say, a Nasdaq index.

What were max drawdowns on spy and your experiment?

If yours was smaller, then it's interesting, because it means higher returns with lower volatility.

* Also, looking at SPY data it looks like its 1-year return from today was 26.05% rather than the 3x smaller number you gave. Even considering that you operate in CAD that's quite a discrepancy...

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Re:I spent a year and $5,700 to see if ChatGPT can beat the ... by ishtiaqrahman on Monday May 27, 2024 @09:58PM (#40496647)

I am comparing SPY's return with the GPT return for the exact timeframe during which a particular position was recommended by the GPT Investor. For example, some positions were held for only 7 days, while others were held for 3 months, etc. I generated 19 different sets of recommendations with varied timeframes and at different points in the last year. This link, where I track everything, should clarify any confusion: https://www.gptinvestor.co/the-gpt-investor/

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