Are you Smarter than an Algorithm?
Readers will likely agree that data constitutes perhaps the most important input element into investment decision-making processes. With a rise in how data can be accessed, read and interpreted, the ability for market participants to exploit new forms of information has resulted in a dramatic uptake in novel approaches for data management and decision making. As such, the ways in which datasets and associated analytical techniques are being used in market decisions give rise to the potential to drive competition like never before.
What if your competition was not, as may be expected, another person, but simply an algorithm? What if automated investment decision-making was so advanced that coded rules were better able to pick and choose winners than humans ever could?
If you think that the human mind will prevail, that algorithms will always be too restrictive to make nuanced decisions such as these, why not test your theory? Stanford University is offering you the chance to participate in a study to see how you fare at choosing asset managers when pitted against their specially designed algorithm.
Think what you have got what it takes to beat the code? Worried you can’t? Either way, read more here.
