07 March 2020
News :
Robot analysts are better than humans at picking stocks, a new study found
https://lnkd.in/f5SshXR
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Extract :
It found that portfolios based on the buy recommendations of robo-analysts outperformed those of human analysts, suggesting robo-analysts' buy recommendations are more profitable.
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From my blog ( A Matter of Time / 03 Jan 2017 )
https://lnkd.in/fvzEgnx
Wallet based algorithm will move funds across different bank accounts for best yield ,
constantly searching for best interest rates offered by banks on Fixed Deposits
This will happen automatically , much like algorithm-based share trading , taking
advantage of price differences in two bourses located 300 km apart ( in one thousandths
of a second ! )
No rocket science here considering availability of " BEST PRICE " apps for thousands of
goods and services
And since computing power of mobiles are doubling every 18 months ( Moore's Law ),
nothing will stop algo-trading through a Mobile Wallet , as well ! ( Demat A/C on Wallet ? )
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