A new ETF uses AI to emulate Warren Buffett's investment style

📆 22/09/2024 08:36:00
📰 CNBC

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Investment Strategy Notícia

Stock Markets,Omaha,Warren Buffett

Intelligent Alpha is in the works to launch an Intelligent Omaha ETF that relies on artificial intelligence to emulate Buffett's investing philosophy.

Human investors who have tried to replicate Warren Buffett have mostly failed miserably, but now artificial intelligence is taking a crack at it. Investment startup Intelligent Alpha is working on launching the Intelligent Omaha ETF , with the ticker AIWB, that relies on AI to emulate the Berkshire Hathaway CEO's investment philosophy and create a portfolio of 25-30 stocks that it thinks Buffett might buy.

Now that Berkshire's market value approaches $1 trillion, fewer and fewer investments move the needle for the conglomerate, which partly drove Buffett to go all in on Apple. Not to mention, Buffett's reputation as one of the most shrewd and cash-rich investors enabled him to score many lucrative deals through personal negotiations, especially during crises .

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