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“King of Quants” Questions Machine Learning: “Can Machines Learn Without Humans?”

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Mark Melin
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Eric Sorensen is one of the last standing men of his generation. As one of the early quants, Sorensen, now 71, is the oldest quant researchers running a large quantitative investment firm -- one currently with over $46 billion under management. As head of Boston-based PanAgora Asset Management, he looks at trends in artificial intelligence, machine learning and other quantitative advancements and he sees repeating patterns in history. Today’s challenge, he told ValueWalk, is sifting through the hype to recognize meaningful advancements.

Q4 hedge fund letters, conference, scoops etc

Machine Learning
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There is very little new theory in finance, but...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.