Applying Machine Learning to Value Investing with Euclidean’s John Alberg
Excess Returns
00:00
The Difference Between Traditional Machine Learning and Deep Learning
Euclidean, a company that is formed around the idea of applying machine learning to investing and Google and Amazon and all these other Facebook, we're pouring billions of dollars into ML research. We explore the use of deep learning, so this sort of kind of newer technique to the problem that, you know, of investing. What we found is that using deep learning, it just didn't perform any better than this more traditional machine learning techniques on that problem. And what we speculated was that there's just a lot of extraneous factors that are going to go with stock prices which are way outside whether a stock's up or down. So if human beings have 55 years of data and 700
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