The usage of Large Language Models like ChatGPT is exploding and with new applications emerging every day, the burning question on investors’ minds is whether these models can enhance their returns. In this video, we’ll dive into a recent research paper that examines the use of these models for forecasting stock returns, and the surprising results it uncovered. Additionally, we’ll consider the practical implications of this research and whether it can be applied to our own investment portfolios.
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Timestamps
00:00 Introduction
00:41 Sentiment Analysis
01:14 Models
02:52 Prompts
04:20 Sentiment Analysis With LLMs
08:29 Performance
13:27 Can I Make Money With This?
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Tools I Use To Create My Videos
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The rest of the tools I use are free open source software:
✔️ ggplot2 package in R for my plots
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✔️ OBS to record my videos and live streams
✔️ Kdenlive to edit my videos
Take A Look At Some Of My Other Videos & Playlists
📹 Investment Strategies playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7Tci3mKU21drdoRFoNmIVbDd
📹 Income Investing playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TefjPM8ZotkcoSaDavq3Mvw
📹 Investing With Vanguard playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TfMV4S_51E_zmbMio4UNBtM
📹 Portfolio Building Blocks playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TdRdp-hLnL5oxsaRjJZVSyn
DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
