Interesting Articles

Can AI Read the Minds of Corporate Executives AI Read the Minds of Corporate Executives?

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4493166

Summary

Using a Financial Bert Model and the MD&D sections of 10-Q the authors seem to seriously outperform the market. Let the arms race begin.

How to Mine Gold without Digging

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3172514

Summary

The article reveals that the gold mining index contains a real option, which is often prohibitively expensive due to the option cost. It demonstrates that a replicating portfolio outperforms the index, allowing us to extract value from this unique insight.