Artificial Intelligence Alter Egos: Who benefits from Robo-investing?

no code implementations • 8 Jul 2019 • Catherine D'Hondt, Rudy De Winne, Eric Ghysels, Steve Raymond

We introduce the notion of AI Alter Egos, which are shadow robo-investors, and use a unique data set covering brokerage accounts for a large cross-section of investors over a sample from January 2003 to March 2012, which includes the 2008 financial crisis, to assess the benefits of robo-investing.

Decision Making