Hi, I’m Leo, Head of Engineering at Amicus.ai. Take with a grain of salt some thoughts on AI and related events.
When was the last time you gave or got a raise at the cost of inflation? Fed Chair Powell expressed surprise at the continuing strength of domestic productivity at last Thursday’s rate cut presser. “If we see productivity more sustainable at these high levels, then that would sustain higher wage gain.” Chairman of the Federal Reserve, Jerome Powell In Q2 2024, US labor productivity surged by 2.3%,…
Let me tell you a quick story about working at Nvidia. You walk into a meeting room at Nvidia’s headquarters, where a group of engineers and top executives are gathered. Suddenly, the door swings open, and in walks the visionary leader himself, Jensen Huang. The room falls silent as he strolls to the whiteboard. He diagrams the CUDA-X stack that is the company’s destiny. You witness firsthand the…
Using GPT-4 and in-context learning, JP Morgan researchers cleared the CFA I and II exams. Still, they struggled with the level II case studies, barely clearing the 60% estimated pass score. With open-source GPT-4 level models, we added coding ability to the test-taking LLM. Adding the Python REPL pushed the AI to a new plateau. The JPM study evaluated capabilities in financial reasoning using…
Source https://www.youtube.com/watch?v=__Ewkal7s3g . Transcript produced with OpenAI Whisper. Ladies and gentlemen, esteemed faculty members, distinguished guests, proud parents, and above all, the 2023 graduating class of the National Taiwan University. Today is a very special day for you, and a dream come true for your parents. You should be moving out soon. It is surely a day of pride and joy.…
The Stanford Fintech in AI Forum organized by Stanford Prof. Kay Giesecke provides an invaluable opportunity for quantitative ML professionals in finance to gather and exchange insights. I’ll attempt to cover the presentations and takeaways in the agenda: https://fintech.stanford.edu/events/conferences/ai-fintech-forum-2023 Monetary Tightening and U.S. Bank Fragility in 2023: Mark-to-Market Losses…
We Benchmarked ChatGPT for Investing: ChatGPT vs. Our Model Ensemble We tested OpenAI’s ChatGPT for investing and compared it to our deep learning model ensemble, which features 27 intrinsic value metrics and a Mixture of Experts (MoE) approach. We’ll dive into the benefits of generative AI, RLHF, and share our experiment’s surprising results. Generative AI is changing the game for financial…
Know When You Don’t Know, Buffett’s 2023 Letter, Rumsfeld Matrix, Black Swans Markets are efficient. 10% of active managers outperform the market. The market is Pareto efficient. Making an investment is complicated, and worse timing the market is bad. We outline three techniques to know when we don’t know. By catching overconfidence and estimating blind corners, we can improve our investing. The…
](https://www.youtube.com/watch?v=gPIYbyjGHWw) --> The Mechanistic Beauty of 130/30 Long Short Hedging - Secrets of the Hedge Fund Industry Hedge funds come off as an exotic and mysterious sector accessible only by wealthy inner circle businessmen. Yet given the right quality, the 130/30 hedge fund posture can be right for your individual investing. If you pick stocks at all, the mechanistic…
BACKGROUND Cities and corporations, large and small, are reassessing their long- and short-term growth as the world seeks to combat a global pandemic. For communities to prosper and survive, there is a considerable focus on the sociological impact of climate change. The long-term perspective has made it more important than ever to look beyond and establish a sustainable future, one in which cities…
It’s worth considering that your relationship mental health is paramount to lasting happiness. In this post, I will explore my personal relationship with mindfulness meditation and how it has positively impacted my life. The promise of mindfulness is increased focus, acquiring an inner calm and agency, and at the expert end– complete awareness of the biofeedback mechanisms that can overcome…