ChatGPT outperforms Financial Experts in choosing stocks

in invest •  2 years ago 

Finally a very good use for ChatGPT .

I’m going to give this a try …

According to latest research ChatGPT can pick stocks better than your fund manager

A basket of stocks selected by ChatGPT, a chatbot powered by artificial intelligence (AI), has far outperformed some of the most popular investment funds in the United Kingdom.

Between March 6 and April 28, a dummy portfolio of 38 stocks gained 4.9% while 10 leading investment funds clocked an average loss of 0.8%, according to an experiment conducted by financial comparison site finder.com.

It wouldn’t “be long until large numbers of consumers try to use [ChatGPT] for financial gain,” Jon Ostler, Finder’s CEO, said in a statement earlier this week.

Source: https://www.cnn.com/2023/05/05/investing/chatgpt-outperforms-investment-funds/index.html

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This is what I get on Stocks and Cryptocurrecies to buy in 2023

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What stocks ?

  ·  2 years ago  ·  

I will look them up and post here also.

  ·  2 years ago  ·  

Maybe you need to enter 5 stocks or cryptos and it will rank them ? Will do some experiments and post my ChatGPT portfolio…