A hedge fund manager shares 2 ChatGPT prompts and the AI plugin he used to filter top stock picks
Alpesh Patel has been experimenting with ChatGPT’s ability to pick good stocks from the NYSE and Nasdaq. He found that with the right prompts and correct data, it could make phenomenal choices. But it’s not just something you can flick on, there is a process. When the US Securities and Exchange Commission approved electronic communications…
A millionaire who retired at 36 shares the top 4 funds he’s holding, the ones he’s sold due to high fees, and the stock up 1,000% in the last 10 years that’s yielded him the most gains
Michael Quan had been saving for early retirement since the age of 22. He began by investing in stocks and funds with higher fees. He gradually began to move his allocation to diversified funds with lower expense ratios. Michael Quan has been out of the workforce since the age of 36. The 46-year-old left his…
Mark Zuckerberg and Priscilla Chan told leaders of their charity to ‘clarify’ their work. The result was layoffs, a plan to invest in AI, and a tacit admission their big education project failed.
Zuckerberg and Chan last year started to look more closely at how their philanthropy org was running. Before laying off 48 people this week, the organization conducted a smaller layoff early this year. Now, the org is looking at AI and giving up on a well-known product it spent tens of millions on. Last year,…
‘This reminds me a lot of 1999 to 2000’: An investment chief warns that a recession is right around the corner despite overboard bullish sentiment — and shares the 3 best ways to protect your portfolio from the fallout
Investors are ignoring the parallel between today’s market and 1999, an investment chief warns. The S&P 500’s August pullback may be the precursor to a painful stretch for investors. Here’s why a mild recession is still coming — and three ways to prepare for it now. Stocks have fallen in August as investors become concerned…
Make these 9 top investments in a ‘stock-picker’s market’ as economic growth continues, according to a bear-turned-bull whose hedge fund is up 155% in the last 5 years
Standout hedge fund manager Charles Lemonides came into the year careful but is now more optimistic. Interest rates didn’t cripple the economy, and instead are staying steady at a mild absolute level. Here are nine investing ideas from Lemonides after his six recommendations from December soared. Charles Lemonides, a hedge fund manager, was bracing for…
Redwood City: Prosecutors say man stabbed his child’s mother, her daughter
REDWOOD CITY, CA — Prosecutors say a 44-year-old man who had already violated a court order by moving into an apartment next to the mother of his child was formally charged with murder after a violent outburst killed her and hospitalized her daughter. The wounded teenager spoke publicly on an online fundraiser in an attempt…
SJSU expects athletics center to spur San Jose ‘family entertainment’ zone
SAN JOSE, Calif. — A new $70 million athletics center at San Jose State University is being positioned as a key building block for an emerging “family entertainment district” near the city’s downtown. According to officials, the Spartan Athletics Center, which connects to the outdoor CEFCU Stadium, has the potential to be a game changer…
Warriors to face Suns on NBA Opening Night, per report
The Warriors will begin their season in the national spotlight, as they have done so many times in the last decade. According to league insider Shams Charania, they will host the Phoenix Suns in the second game of the NBA’s Opening Night on Oct. 24. Kevin Durant will play his first game in front of…
Jimmy Garoppolo, 49ers get sentimental at Vegas reunion — to an extent
Las Vegas Raiders quarterback Jimmy Garoppolo (10) throws during practice at an NFL football training camp Saturday, July 29, 2023, in Henderson, Nev.HENDERSON, NEVADA – Fred Warner referred to Jimmy Garoppolo as “my guy.” Christian McCaffrey said Garoppolo owes him a “big hug.” Brock Purdy was pleased to see “good ol’ Jim.” Gawking at Garoppolo…
