Programmers will rule the world

**Churchill** · 11 September 2013, 18:13

Originally posted by BrilloPad View Post

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

Old hat.

**doodab** · 11 September 2013, 18:18

We already do.

**amcdonald** · 11 September 2013, 18:19

Step 1: Replace Fund Managers with computers
Step 2: ???
Step 3: Profit!

**doodab** · 11 September 2013, 18:19

Originally posted by amcdonald View Post

Step 1: Replace Fund Managers with computers
Step 2: ???
Step 3: Profit!
Step 4: Goto 2

FTFY

**bobspud** · 11 September 2013, 18:20

Originally posted by BrilloPad View Post

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

If I am mistaken we have seen quite a few incidents where auto trading has caused a total mare through dumping stock

**scooterscot** · 11 September 2013, 18:23

Originally posted by BrilloPad View Post

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

My city clients depend on my monte carlo simulations for the super computer programs.

SAS

**amcdonald** · 11 September 2013, 18:49

Originally posted by scooterscot View Post

My city clients depend on my herbie goes to monte carlo simulations for the super computer programs.

SAS

FTFY

**mudskipper** · 11 September 2013, 19:00

Originally posted by bobspud View Post

If I am not mistaken we have seen quite a few incidents where auto trading has caused a total mare through dumping stock

FTFY

**BrilloPad** · 12 September 2013, 07:54

Originally posted by bobspud View Post

If I am mistaken we have seen quite a few incidents where auto trading has caused a total mare through dumping stock

Sssshhhhhhhh

And lots not forget LTCM in 1998 where the computer models did not appreciate what was happening in the market.

Programmers will rule the world