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Willard Spencer
@willardspencer · Jun 6

It's been exactly 2 weeks since I shared with you the first AI investment bot that uses GPT and promised to track it. Here is a small update:

- after 14 days its profit has dropped a bit, currently at 675 USD (the bot started with 50k USD)

- the number of investors and the amount of money investors are using to copy the bot's behavior has increased significantly (after 2 weeks, 28,596 investors are already interested and the "pool" has the huge number below). The average amount of investment per investor is 687$, so it's "funny money" and people are probably just trying to see what the bot can make out of it

- only Robinhood, TD Ameritrade and Webull are still supported brokers

For me it's still a positive start, it's not in the negative and I'll keep watching :)

MW
Moe Whitehead @investormoe Jun 8

This looks interesting, I'm mainly interested to see how it performs in different market situations.

WS
Willard Spencer @willardspencer Jun 8

I'm curious about him, too, but he's gonna need some time for this... :)

BG
Barrett Gardener @justbarrett Jun 7

We'll see how it will do in the future, but even today, after the days since this AI bot was launched, the AI could definitely be better trained to make better decisions and get maybe a bit greener numbers again I think.

WS
Willard Spencer @willardspencer Jun 7

I also see it as he is still learning and trying to understand it all. The "bad thing" is that people usually invest based on emotions and the AI will probably never be able to understand that...

BC
Bill Combs @billcombs Jun 7

Thanks, interesting information.It's still early days so I guess we can't expect anything big, but as others have written here we'll see how it goes in the long run.

WS
Willard Spencer @willardspencer Jun 7

Of course, I'm keeping watching and will bring back info in time :)

RB
Randolf Babcock @randolfbab Jun 7

We'll see in the long run. If it has access to current data there is no reason not to beat the market - significantly.

WS
Willard Spencer @willardspencer Jun 7

That's the question... if he's using a classic GPT like ChatGPT, he's basing it on data as of 2019, or 4 years old, and that's like 40 years old in the investment world... but I haven't read anywhere what exactly he's drawing from then and how up to date his info is.

AA
Ashraf Aboudar @ashraf_dd Jun 7

The whole market is growing at the moment, so we'll see how it fares in the long term. That's what I'm interested in.

WS
Willard Spencer @willardspencer Jun 7

I'm keeping an eye on him :)

SJ
Steve James @stevejames Jun 7

If a bot really has a grasp on current data and trends then it can record good performance, it's still AI. I'd probably throw a few pennies in there too and see how it handles them.

WS
Willard Spencer @willardspencer Jun 7

I'd also throw in, unfortunately there are only those three brokers so far and I don't use any of them... but I hear they're working on adding more.

MP
Mart Poom @martpoom Jun 7

I didn't look into it further - but I assume the bot has access to the actual data, unlike a regular GPT user? In which case I don't see why it shouldn't beat the market 🤷‍♂️

WS
Willard Spencer @willardspencer Jun 7

I haven't read that anywhere yet. ChatGPT works with data from 2019... if this one uses some current GPT, it should be a powerful tool... I'll try to google it again

FP
Fair Price Index @fairpriceindex Jun 7

This is really cool 👌

AG
Alfred Gray @alfredgray Jun 6

Interesting, I'm honestly curious how the bot will fare in the long run 😊

WS
Willard Spencer @willardspencer Jun 7

I'll keep an eye on it long term and check back in a few weeks :)