MoneyMonster gets a personality
A decent week of trades so far.
I’m not sending these as often as I’d like, but putting this all out there for you all has exponentially increased the amount of improvements I’m making. It’s amazing what a difference an audience makes.
Tuesday & Wednesday….
The trades themselves are below. Note that the first number is the delta from market open, whereas the second bolder one is the difference between the buy decision and the actual position close i.e. what the actual return was.
Unexpected benefits whilst working on this
I mainly speak to my computer now using Monologue, and it makes Apple’s dictation seem Stone Age. However, the consequences dictating is that I find myself making more effort to enunciate properly, which was a goal of mine a few years ago. Also, speaking is one of the best ways of getting your thoughts in order. It turns out the listener doesn’t have to be human.
My thinking is now shifting to how quickly can I give this task to an AI to work out? Some people might worry that is going to disable them in some way. I’m willing to trade that for the fact that I am at least 3x more productive and will always need our internet connection to work. Fine.
I am becoming the blocker. The multitasking, given how many different agents and tasks can be running at any one time, is becoming one of the most difficult parts of this job. I find myself exhilarated and exhausted at the end of the day, being the conductor of these cognitive wizards. That can be dizzying, but also means the potential to create in this industry is wild.
It’s making me think a lot about the nature of cognitive work, which I’ll write about soon. Just how in software we’ve always had 10 ex-engineers and then mid ones, we’re probably going to have the same here with operators i.e. those that can grasp the tools will be able to create magic. Those stuck pre-2020 are going to be too slow. .
Just like how when there’s a small internet lag, I find it frustrating, despite memories of waiting five days for a song to download, I have the same now with ChatGPT and other LLMs. The small wait as it thinks, I’m already wishing for when they have GPUs powerful enough to make that instant. It was only three years ago this all seemed magical. And now I’m complaining about waiting five or ten seconds for an elegant and incisive answer on basically any topic ever.
At 41, I used to think that maybe my own thinking was getting slower, and certainly I hadn’t been on the tools for a long time whilst I was running my business. Amazingly, now that doesn’t matter. I missed out on a whole decade of JavaScript taking off a front-end web design, Which I never fully understood being a good old-fashioned PHP/Java/Ruby HTML developer. Now , blissfully, I’ll never need to know.
MoneyMonster has its own IG @moneymonsterfund
Follow along , it has a bit of character. this update from my development environment (which has stale data) made me laugh.
Where I’m at with this
The premise here sounds simple “ Trade earnings calls with AI. “, but the reality with all businesses is that it’s the million small details, mistakes, decisions and challenges along the way, which means perseverance is always key. I’m still not there. But I have to admit today felt like a bit of a milestone. I had the idea of MoneyMonster having its own IG over a year ago, and I finally got to set it up today. The outputs you see are built by Opus 4.6 (architecture) with GPT-5 for MM thoughts/voice/reasoning.
There are so many optimizations to make with this system, including the many areas of slippage such as transcripts being late, processing taking too long, and actual positions not opening in time.
That’s okay, the key thing at this point was getting a proof of concept.
Next is optimization.
Then research different areas ( Trading the news, foreign equities markets, going deep on one sector , Ideas welcome here!! Hit reply )
If the core premise is correct i.e. that LLMs can ‘reason’ as good or better than a Human analyst, which is what a multi-trillion dollar industry is based on, then this should work eventually.
And even if that’s not the case today, what stops it being the case in six months?
Your human in the loop, signing off.
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