Connie Chen, provided by Published 3:39 pm CST, Wednesday, February 20, 2019 TheInsider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Ellevest Most traditional investing advice fails to take the pay gaps and longer lifespans of women into account, resulting in missed opportunities for financial growth. Ellevest is an online robo-advisor led by a former Wall Street CEO who wants to help women reach their full financial potential. It creates customized investment portfolios for you based on your financial goals, and there's no minimum to get started. There's a 0.25% annual fee to the service, which includes industry-tested investment advice and unlimited human concierge support. Right now, Ellevest is offering Business Insider readers $25 towards their first funded goal during the month of February. Click here to start investing with Ellevest … [Read more...] about Most traditional investing advice fails to take women’s pay gaps and longer lifespans into account — Ellevest is changing that
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‘The only source of knowledge is experience’ - this quote, attributed to Albert Einstein, could be used to frustrate ambitious young analysts. The lesson? Grey hair will prevail. There simply is no substitute for experience in the investment business. Correct? Well, perhaps not any more. A new technology might be about to give grey hair a pay cut. It’s one of the hottest threads of artificial intelligence (AI) research: continual learning (CL). CL enables machines to accumulate knowledge and learn how to apply that knowledge to make better decisions. It may prove to be the single most disruptive technology for investment management. But how does this new technology compare with the old? Is it mature enough to use in a live investment process? Human analysts and traditional quants - yes, quants - suffer from many behavioural biases. Perhaps the most fundamental are those that affect knowledge: what knowledge to accumulate and how to use that knowledge to guide … [Read more...] about Why ‘Continual Learning’ is ready to disrupt investment
If you follow the financial news, you probably read stories a few weeks ago about the death of John Bogle, who is credited with creating the first stock index fund in the early 1970s. Bogle was one of the founders of the Vanguard Group, and he helped make index investing a global force in the financial markets. The basic concept behind an index fund is that because the financial markets are so competitive, you would be better off simply trying to match the overall returns of the market than trying to beat the market. Because index funds generally don’t employ people to research companies or markets, they are often low cost. Thus, index funds can be an efficient way to track market returns. What that means is if the overall stock market is up 6 percent for the year, and you invest in an index fund that tracks the overall market, you are highly likely to also be up about 6 percent, less fees for running the index fund, which are usually modest. Conversely, if the market is down 6 … [Read more...] about Road to Retirement: Is index investing the best option?
Rebecca Ungarino, provided by Published 2:05 pm CST, Monday, January 14, 2019 Netflix stock plunging as other networks begin creating their own streaming businesses. move is part of a larger trend by content producers to lessen their reliance on big streaming services like Netflix. Netflix stock plunging as other networks begin creating their own streaming businesses. move is part of a larger trend by content producers to lessen their reliance on big streaming services like Netflix. Photo: Matt Rourke, STF Photo: Matt Rourke, STF Image 1 of / 58 Caption Close Image 1 of 58 Netflix stock plunging as other networks begin creating their own streaming businesses. move is part of a larger trend by content producers to lessen their reliance on big streaming services like Netflix. … [Read more...] about Netflix just had its best quarter for content — but it still faces several big risks, JPMorgan says (NFLX)
By: Merryn Somerset Webb 02/01/2019 I have just hung a vast print of a painting by Trevor Jones on my office wall. One reason for this is that it is an excellent portrait of Dorian Satoshi Nakamoto, who may or may not have been the original developer of cryptocurrency bitcoin (the developer used this name, but this person is not necessarily the developer).Another is that Jones uses old copies of the Financial Times as the background for some of his paintings and my byline photo features just behind Nakamoto’s left ear. I am vain enough to like this. But the best reason for having it up is that it works as a constant reminder that bubbles of one sort or another are never far away. The bitcoin bubble has been one of the most perfect bubbles I have ever watched. An exciting new technology arrived; a few people in the know bought in; prices started to rise. Huge claims began to be made about how the world was on the verge of being disrupted by said technology, and … [Read more...] about Six of the best books for investors