Technology has always been used by some investors as a way to achieve some advantage over markets and other investors. Things are no different today with artificial intelligence. Today, Paul and Evan look through an article that talks about ChatGPT’s performance in a mock-up portfolio and then explain why human behavior has always been a greater indicator of investing success than whatever new technological advancement is catching investors’ attention at the moment. Later in the episode, Evan shares an important lesson about stock picking by explaining what’s going on with two of America’s favorite beers.
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