There’s a semi-famous story about why David Tepper named his fund Appaloosa; he did it because “Information used to be sent out from the brokerage firms by faxes, so if you were at the beginning of the alphabet, you got it 15 minutes faster.”
I’ve been using AI extensively for investment research beyond search and typical productivity tasks. AI can be super useful in every aspect of investing research IMHO.
You spend an hour to find out if AI can do what you want it do. Then 15 minutes to actually do the task. Then another hour to check everything. When you repeat this process next time you just skip the first hour.
Yes, I think we are all using AI for productivity enhancement.
By the way, I was still comparing the new 10-K to the old one using the compare function on Google Docs, so thank you for that tip!
I think we won't have that intelligent conversation with AI as you hope until we hit AGI. So far, AI consolidates all human knowledge, but it lacks the human ability to connect the dots.
Nice and interesting, but I don't trust AI of any kind that much. I work with them a lot, mainly for my studies, and it's undoubtedly a life-changing tool. But I can say that if I want to examine a company, there's nothing better than going into the reports and reading and studying in depth. Even if you write to it ״what Buffett would think״, it doesn't matter because it's not Buffett and it's hard for me to rely on it. Beyond that, when you're given too many crutches, you end up forgetting how to walk.. and you start to rely on it too much. It's an amazing tool that helps a lot and saves me a lot of time and answers questions well, but I really wouldn't rely on it completely.
AI is probably great if you have below median natural intelligence (which by definition applies to half of all people). If you're above average intelligence not so much.
I’ve been using AI extensively for investment research beyond search and typical productivity tasks. AI can be super useful in every aspect of investing research IMHO.
I would be happy to share more about how I think about and use AI as a heavy AI user with many different AI use cases!
You spend an hour to find out if AI can do what you want it do. Then 15 minutes to actually do the task. Then another hour to check everything. When you repeat this process next time you just skip the first hour.
Yes, I think we are all using AI for productivity enhancement.
By the way, I was still comparing the new 10-K to the old one using the compare function on Google Docs, so thank you for that tip!
I think we won't have that intelligent conversation with AI as you hope until we hit AGI. So far, AI consolidates all human knowledge, but it lacks the human ability to connect the dots.
Nice and interesting, but I don't trust AI of any kind that much. I work with them a lot, mainly for my studies, and it's undoubtedly a life-changing tool. But I can say that if I want to examine a company, there's nothing better than going into the reports and reading and studying in depth. Even if you write to it ״what Buffett would think״, it doesn't matter because it's not Buffett and it's hard for me to rely on it. Beyond that, when you're given too many crutches, you end up forgetting how to walk.. and you start to rely on it too much. It's an amazing tool that helps a lot and saves me a lot of time and answers questions well, but I really wouldn't rely on it completely.
AI is probably great if you have below median natural intelligence (which by definition applies to half of all people). If you're above average intelligence not so much.