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Alternative Market Briefing

Building an AI-based investment platform

Monday, July 03, 2017

Matthias Knab, Opalesque:

The Institute for Innovation Development writes on Harvest Exchange:

[We present here a talk given by Andrew Dassori of Wavelength Capital Management, during the last April's NYC FinTech Week at the FinTech 020 meeting hosted by Moody's Analytics, to share his experiences and personal journey in creating next generation portfolio management tools and strategies utilizing artificial intelligence (AI) and machine learning. His firm has built a unique AI investment platform offering an artificial intelligence overlay for portfolio managers and hedge funds, a mutual fund, and a robo-advisor.]

Dassori: I am here to talk about my experience with artificial intelligence, its application to investing, and how I see it changing the future of investing.

My personal investment journey

I started investing at 18 when I opened an ETRADE account and a friend's father lent me his copy of Ben Graham's Intelligent Investor. Before placing my first trade, I read it cover to cover and tried to draw out all the investment logic it contained. This wasn't easy, but I kept at it and eventually had an actionable set of logic for my own investing.

Graham was brilliant and he had to be. Not only did he establish a set of investment principles that remain relevant today, he also maintained and p......................

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