Machine Learning for Asset Managers by Marcos Prado

Machine Learning for Asset Managers by Marcos Prado

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Summary

The purpose of this Element is to introduce machine learning (ML) tools that can help asset managers discover economic and financial theories. ML is not a black box, and it does not necessarily overfit. ML tools complement rather than replace the classical statistical methods.

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Machine Learning for Asset Managers by Marcos Prado

The purpose of this Element is to introduce machine learning (ML) tools that can help asset managers discover economic and financial theories. ML is not a black box, and it does not necessarily overfit. ML tools complement rather than replace the classical statistical methods.
'The book's excellent introduction explains why machine learning techniques will benefit asset managers substantially and why traditional or classical linear techniques have limitations and are often inadequate in asset managementIt makes a strong case that ML is not a black box but a set of data tools that enhance theory and improve data clarity. López de Prado focuses on seven complex problems or topics where applying new techniques developed by ML specialists will add value.' Mark S. Rzepczynski, Enterprising Investor
SKU Unavailable
ISBN 13 9781108792899
ISBN 10 1108792898
Title Machine Learning for Asset Managers
Author Marcos Prado
Series Elements In Quantitative Finance
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 2020-04-30
Number of pages 152
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.