Remember the old adage about AI and the stock market?
"If AI were any good at predicting the stock market, AI researchers could fund
their own work."
Well, Korns Associates is doing just that. They have a stock-picking program
that has out-performed the market and the money managers for three years of
live trading, without incurring large risks (i.e., a balanced, risk-averse
fund). It's written in an agent-oriented flavor of Lisp called SmartLisp, and
you can read about the technology and the performance of the agent-managed fund
at:
http://www.korns.com
It's pretty interesting stuff!
Bill House (who does a bit of work for KA, but is mainly just a fan of the guy
who wrote the thing)
--
http://www.housewebs.com
Note: My e-mail address has been altered to confuse spambots