Monday, July 17, 2023

The Boss + ChatGPT4 Leak = ?

The Boss + Major ChatGPT4 Leak = ? 

 

Corona Del Mar, CA

 

Howdy Chris,

 

Everyone is rushing to figure out how to leverage Large Language Models like ChatGPT to get them to predict the future and make a fortune in stocks.

 

Not me!

 

The secret to predicting what to buy and when is a matter of statistics harvested from data -- not crawling the latest earnings call, snooping through Fed minutes, or asking ChatGPT to think like Buffett and tell you what to invest in.

 

// Quick business idea: You could definitely feed the ChatGPT API millions of tweets and tell it to rank each as Bull/Bear/Neutral for each symbol. That would then lead to a statistical backtest. That would also make you a data provider to sell to folks like me. Beware! We'll put you under the microscope. //

 

Anyhoo...

 

We may be using ChatGPT in a much more assistive way.

 

It's really good at simplifying code.

 

For example, here's the code from my book, Outfoxing Wall Street. It's for switching between the S&P 500 and bonds (SPY & TLT):

There are seven lines of functional code.

 

The "IsNaN" code is typically what we call "introns" or junk code.

 

So I asked ChatGPT-4 to simplify it.

 

Turns out there are five lines of useful code:

Side note: This will really piss off a lot of folks (not you), but this strategy is already up 20.1% for the year. I've said over and over like a broken record that top down predictions (a la gathering endless anecdotal evidence like f-ing cardboard box prices to support your hypothesis) work about as well as top down economies (think North Korea).

 

I was talking with our engineering team about automatically implementing ChatGPT to simplify the code created by The Boss.

 

We already have Fitness Function pressure to simplify the code, and Ruud told me that Cyber Code v2 is coming soon, so we'll see.

 

Did you catch the main takeaway?

 

It's all about SIMPLE!

 

Simple strategies are what work over time.

 

Complex code over-fits to the past and is about as useful as a milk bucket under a bull.

 

Quick secret: A recent leak revealed that ChatGPT4 is actually 16 different ChatBots in one!

 

There is no uber-bot that knows all.

 

Well jee whiz...that's what we figured out beats the markets years ago on a low 7-figure budget...

 

...you mix together dozens of strategies to produce hyper-consistent results...

 

...meanwhile, they spent hundreds of millions to do amazing things like write BS about wine:

 

"2020 Sapphire Falls Riesling:

 

Blossoming with vibrant aromas of key lime, green apple, and flint, with a dash of white flower nuance. On the palate, crisp and refreshing, delivering a juicy explosion of citrus fruits, apple, and a zing of minerality. A hint of petrol adds complexity to a lively, zesty finish."

 

Yum! Zesty petrol!

 

By the way, who else wants to build a 79% per year strategy?

 

...with an 8:1 gain to pain ratio?

 

...within five minutes?

 

Watch this 5-min video now:

Trade smart,

 

Dan "Prince of Proof" Murphy

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Boss, Inc.

260 Newport Center Dr, Suite 100 Newport Beach, CA 92660

 

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