Selecting investments using artifical intelligence

Most fintech companies offer better interfaces for money handling (bank accounts, loans, payments, etc.), but quite a few startups are also offering a solution for a much older need how to make money.Israel company I Know First, managed by CEO Yaron Golgher, is one of these. The company’s main product is an algorithm that provides a forecast for three thousand different investment instruments, including shares, commodities, interest rates, foreign currency, exchange traded funds (ETFs), and global indices. “The algorithm rates all the investment instruments, and singles out investment opportunities in the capital market on a daily basis, according to the pricing anomaly it finds,” Golgher says in a “Globes” interview. “Globes”: What information do you use? Golgher: “The algorithm is self-learning. It is based on purely quantitative values, not reading…

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