Machine Learning for Asset Managers

by Marcos López de Prado

Successful investment strategies are specific implementations of general theories. An investment strategy that lacks a theoretical justification is likely to be false. Hence, an asset manager should concentrate her efforts on developing a theory rather than on backtesting potential trading rules. 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...

• Format: Paperback
• Language: English
• ISBN: 1108792898
• ISBN13: 9781108792899
• Release Date: April 2020
• Publisher: Cambridge University Press
• Length: 152 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.3" x 6.0" x 9.0"