In A Rough Year For Hedge Funds, This One Outperformed In 2018 Using Machine Learning

In a January research note, UBS analyst Dr. John Roy said investors must understand machine learning because it would be a “possible driver for decades” in the larger economy. But in the area of trading, profitable performance is rare. But Michael Beal, co-founder of Data Capital Management, claims to have cracked the code. Q4 hedge fund letters, conference, scoops etc Data Capital Management, which uses systematic investment and machine learning techniques to generate trades, turned a profit using machine learning in 2018, Beal told ValueWalk. While exact performance statistics can’t be released due to compliance concerns, he said there were…