How does artificial intelligence and machine learning work and what are some examples of how individual investors can use AI in their investing. In this episode you will learn: What is artificial intelligence, machine learning and deep learning.How is AI being used by different industries.How are AI models built with supervised and unsupervised learning.What are the components of a quantitative trading model and why it is insufficient to have an AI based stock ranking service.What are examples of AI based investment services and AI ETFs available to individuals.Why using AI to make investment decisions is so difficult. Thanks to Warby Parker and WIX for sponsoring the episode. For show notes and more information on this episode click here. [0:20] The two types of AI: rules-based & deep learning.[3:35] Some examples of artificial intelligence.[4:59] How machine learning systems work.[6:10] Supervised learning vs. unsupervised learning. [9:10] Training deep learning AI models.  [12:46] Complications with how deep learning models come up with their answers.[14:31] The role of AI in predicting interest rates.[17:16] Understanding the different factors and components of AI models when it comes to investing.[19:43] David’s personal experience with an AI-based investing service. [23:29] The Equbot and investing in ETFs.[25:46] The difficulties of using AI as an individual investor.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What are the pros and cons of having your entire investment portfolio invested in stocks versus a multi-asset class portfolio. In this episode you’ll learn: What are some investment options if you want to be 100% invested in stocks.What attributes do you need as investor to have an all stock portfolio.Why it is difficult for active managers to outperform.Why an all Japanese stock portfolio has severely underperformed for 25 years and how it is possible a U.S. stock portfolio could suffer the same fate.What are the pros and cons of a multi-asset class portfolio.Overview of The Simple Path to Wealth by J.L. CollinsOverview of Investing at Level 3 by James B. Cloonan Thanks to WIX for sponsoring the episode. You can find show notes and more info on the episode by going here. You can learn about Plus Membership here. For show notes and more information on this episode click here. [0:19] Can investing really be as simple as investing 100% of your portfolio in stocks?[4:16] Can diligent analysis actually outperform the index?[8:50] Understanding the difference between risk and volatility.[14:24] Knowing the risks associated with investing 100% in stocks.[19:17] The influence of the crowd and the misjudgments of investors on the market.[23:25] The benefits of diversifying your portfolio.[26:43] Investing 100% in stocks is viable, but it will come with ups and downs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.