I wrote:
> Kurzweil said that he was using genetic programming to simulate stock
> traders (presumably using historical data?) Successful trader programs
> get to recombinate with other successful trader programs. He didn't
> mention whether they were making real trades and if so, how
> successfully. I'm sure lots of people are doing similar research,
> given the potential payoffs.
FWIW, an unrelated posting on investingnode mentioned that Kurzweil's
company is called FatKat (Financial Accelerating Transactions from
Kurzweil Adaptive Technologies). See <http://www.fatkat.com/>.
The aforementioned post also mentioned <http://www.InvestByAgent.com/>
and a group out of Los Alamos <http://www.predict.com/>. A book about
the latter called "The Predictors" was published last year. While
looking for reviews, I found one in the generally interesting
Complexity Digest <http://www.comdig.org/ComDig00-00/index.html#13>.
I don't know whether FatKat is making real trades. They supposedly
will start offering free predictions in the coming months.
InvestByAgent offers lots of free agent-generated picks/rankings
and and a little very solid investing advice. There's no reason
obtaining superior returns should require a huge investment of
time, emotion, or be overly risky. Discipline me!
They supposedly run a real money portfolio largely based on their
agents' analysis which has done very very well. Their simulated
free picks and agent portfolios also do very well.
Mike
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