PIMCO’s perspective on the use of machine learning techniques in investing

An interesting and quick read from Pacific Investment Management Company (PIMCO). 

It takes a look at machine learning in investing:

• machine learning (ML), which we define here as including deep learning and artificial intelligence (AI)
• it is not a panacea
• and if used indiscriminately or for the wrong applications, it can be counterproductive

It asserts what MI is good for (prerequisties to apply it)

• and what it is not good for.

And how to use it:

• as complementary tools to enhance our time-tested investment process, not as replacements for it

Scroll down past the MMT stuff (zzzzzzzzzzzzzzzz). Or have your machine scroll down for you.