machines

also referred to as: machine

6 statements across 4 episodes · 2 bullish · 4 bearish · 4 people on the record · first statement May 30, 2017 by Jeffrey Solomon · across every show →

Everything said about machines, oldest first

May 30, 2017 positive

Insight

Solomon: Machines Cannot Replace Trust in Financial Services

“I do business with people I inherently think have my back, and I'm willing to pay them more than I probably should, but trust is a real value and a real commodity that you cannot replace by a machine or anything else, and so whatever we're going to be doing at…”

Jeffrey Solomon May 30, 2017 ▶ 48:49 Jeffrey Solomon – Vision, Tenacity, and Empathy (Capital Allocators, EP.09)

Jul 23, 2018 bearish

Opinion

Friedman: Algorithmic trading has significantly reduced market liquidity

“Liquidity has declined because of really changes in the market of what machines do, and there's no doubt that liquidity has gotten a lot less than it used to be.”

Manny Friedman Jul 23, 2018 ▶ 42:07 Manny Friedman – Non-Linear Financial Systems (Capital Allocators, EP.61)

Jul 23, 2018 bearish

Insight

Friedman: Machines and index funds become less effective as they grow

“I, when they're 20% of the market, it, you know, they're much more effective or the indexes than when they're 50. But by definition, the bigger they get, the more impossible it is.”

Manny Friedman Jul 23, 2018 ▶ 30:52 Manny Friedman – Non-Linear Financial Systems (Capital Allocators, EP.61)

Jul 23, 2018 bullish

Prediction Not checkable as stated

Friedman: Active managers will profit massively when indexation hits 95%

“I'm waiting for the day when the key is to have staying power to last, is when, you know, the machines or the indexes are 95% of the market. Then you'll make money hand over”

Manny Friedman Jul 23, 2018 ▶ 29:58 Manny Friedman – Non-Linear Financial Systems (Capital Allocators, EP.61)

Jun 29, 2020 negative

Insight

Hedge funds must adopt long-term horizons to avoid competing against algorithms

“I think if you're trying to compete quarterly against the machines, that's a tough place to be. So you need to be able to take a longer term view.”

Tony Davis Jun 29, 2020 ▶ 26:34 Sustainable Investing 7: Tony Davis – Hedge Fund Perspective at Inherent Group (Capital Allocators, EP.145)

Jun 8, 2023 negative

Opinion

Falbe: No AI system will find another Amazon because duplicates don't exist

“No machine is going to find another Amazon out there because it doesn't exist.”

Jim Falbe Jun 8, 2023 ▶ 48:12 Jim Falbe – Modern Value Investing at Saguaro (Capital Allocators, EP.320)

machines

Everything said about machines, oldest first

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