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Joined 2 years ago
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Cake day: January 22nd, 2024

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  • But AI trading is (theoretically) about spotting and predicting long term trends in the market, not front running active trades.

    Yeah, AI has been useful finding leads for me. So far, it had been correct with some long term market predictions. I asked AI of the resilience of the renewable energy sector, and it had been correct since my renewable stocks have grown in face of tech stocks sell off and broader market uncertainty. But I suppose it’s a no-brainer considering that the renewable energy sector is still utilities, and utilities are go-to defensive investments in the face of market downturn.


  • I just use AI for projected profits and losses, and determine earnings schedule and report. I also trade in international markets and I have used AI as well. And like a lucky gold miner prospecting, AI helped me with finding good leads in the international market.

    But of course, in spite all that, you have to have due diligence. You still have to verify if what the AI is saying is correct.






  • I have a colleague who invested in Palantir. I mentioned to him of the controversy with the company but he just shrugged it since he made some money before selling the shares. I don’t really pass judgement on many those who invest in unethical companies simply because the old fashioned way of working and saving simply doesn’t cut it anymore. The older generations could party and travel in their twenty’s, and buy a house and have family in their thirty’s. The younger generation can’t really do that anymore.

    I also do investing and I realised that it’s hard to be ethical under a capitalist system. There are index funds I want to invest in because of lower initial investment requirement, but I don’t like the companies listed in those funds. And thus I have to individually invest in companies I like, but I have little gains because my capital is spread out across various equities.








  • I, too, am tired of these “any minute now” nonsense about Russia’s potential fall. The problem with people is the craving for instant gratification and results. We’re so pathetic in that regard.

    People with longer optics will say that Putinist Russia will fall, but it will be at any time in the coming years. It’s always a slow burn just like US decline since Iraq and Afgan war. Imperialist escapades will always have negative consequences to the imperialist state which reverberate across time. The only winner coming out of both US and Russian declines is China. Maybe India and Brazil will benefit from this as well. Perhaps Europe as well if Europe could decouple from the US in due time.