Part 3/9:
Intelligent Alpha, established in 2023, emerged from a foundational experiment designed to understand whether AI could effectively beat the S&P 500. The company's debut product, the Livermore ETF (ticker: LR), relies on AI-driven stock portfolios constructed by mimicking the investment strategies of renowned investors.
Clinton explained that the LLMs utilized by Intelligent Alpha—GPT, Gemini, and Claude—serve as a sort of "investment committee." By synthesizing qualitative and quantitative data from across the investment landscape, these models create portfolios comprising 60 to 90 stocks. This innovative strategy aims to leverage the analytical strengths of AI while learning from the principles established by successful investors like Warren Buffett and Peter Lynch.