91–100 of 118 posts
As my father always told me. Anyone selling you a system to win at the casino/racetrack/stock exchange is a scammer. If the system actually worked then the system would not be for sale.
I think their vending machine project might need to succeed before you should trust Claude for investment advice: https://www.anthropic.com/research/project-vend-1 Fun aside, finance and code can both depend critically on small details. Does finance have the same checks (linting, compiling, tests) that can catch problems in AI-generated code? I know Snowflake takes great pains to show whether queries generating repor…
I disagree. Claude may fail at running a vending machine business but I have used it to read 10k reports and found it to be really good. There is a wealth of information in public filings that is legally required to be accurate but is often obfuscated in footnotes. I had an accounting professor that used to say the secret was reading (and understanding) the footnotes. That’s a huge pain in the neck if you want to com…
Because I have seen Claude, as recently as a week ago, completely inventing and citing whole non existent paragraphs from the documentation of some software I know well. I only because of that, I was able to notice...
" Please use the original title, unless it is misleading or linkbait; don't editorialize. " https://news.ycombinator.com/newsguidelines.html (Submitted title was "AI ate code, now it wants cashflows. Is this finance's Copilot moment?" - we've changed it now)
Isn’t the original bit clickbitey title?
" Please use the original title, unless it is misleading or linkbait; don't editorialize. " https://news.ycombinator.com/newsguidelines.html (Submitted title was "AI ate code, now it wants cashflows. Is this finance's Copilot moment?" - we've changed it now)
I wasn't read up on the guidelines. Thank you
Vibe investing is coming and it's going to make a lot of people poor.
As my father always told me. Anyone selling you a system to win at the casino/racetrack/stock exchange is a scammer. If the system actually worked then the system would not be for sale.
This isn't a financial model, they aren't selling the system itself, it's all tooling for data access and financial modeling. It's like they're setting up an OTB, not like they're selling you a system to pick winning horses at the track.
Earlier quoted context omitted.
I just don't see the value prop for LLM for financial markets specifically but I guess I'm not familiar with the workflows of analysts. "Backtest this for me" "Analyze this" "Find a pattern" "Beat the market"
I'd imagine the main use case is to whitewash insider trading signals ...
Why is Anthropic focusing on vertical solutions? Shouldn't they just be trying to be the best horizontal platform everyone builds on top of?
The 30/50/100gb of random numbers that is a trained LLM is basically worthless - if it has any value at all on day 1, that value depreciates at multiple percentage points per day. Anthropic more than OpenAi are going for the integrations, verticals and MCP - I think that is the right play. "OpenAi Inside" can replace the "Intel Inside" sticker but their marketcap needs to go 1/100x
As my father always told me. Anyone selling you a system to win at the casino/racetrack/stock exchange is a scammer. If the system actually worked then the system would not be for sale.
Earlier quoted context omitted.
I disagree. Claude may fail at running a vending machine business but I have used it to read 10k reports and found it to be really good. There is a wealth of information in public filings that is legally required to be accurate but is often obfuscated in footnotes. I had an accounting professor that used to say the secret was reading (and understanding) the footnotes. That’s a huge pain in the neck if you want to com…
Did you go and look at the correctness of the information? Because I have seen Claude, as recently as a week ago, completely inventing and citing whole non existent paragraphs from the documentation of some software I know well. I only because of that, I was able to notice...
But even if a human went through the documents by hand and tried to make the analysis, they're still likely to make mistakes. That's why we usually define the scientific method as making falsifiable claims, which you then try to disprove in order to make sure they're correct.
And if you can't do that, then you're always walking on thin ice, whatever tool or methodology you choose to use for the analysis.