Important: Scam Alert! Caution of Impersonation / Telegram and/or Whatsapp Scams. Learn More >
Kevin Tok, our co-founder and executive director, posed this challenge to us: Can AI beat human fund managers and analysts in stock selection? The proxy for this would be Aggregate’s own Aggregate Value Fund (AVF), Kong coined this contest “Machine versus Human”. I share both the founders’ innate curiosity and the result is this new column for The Edge Singapore.
After nearly nine months, Deep Deep, our stock picking AI, has achieved an amazing return of 23.42% since inception (Oct 17, 2022). Against the competing benchmarks, Deep Deep has outperformed the DJIA by 7.58 % and Aggregate Value Fund (AVF) by 3.06%.
Deep Deep, our machine learning AI, is still top of the charts after nearly eight months. Since its inception (Oct 17, 2022), Deep Deep’s portfolio has reigned supreme with 23.54% returns, beating Berkshire Hathaway by 1.15% and Aggregate Value Fund (AVF) by 6.66%.
Are you eagerly looking forward to retirement, dreaming of carefree days and relaxation? While retirement is often seen as a well-deserved break from work, Ross Andel discusses the potential negative effects of retirement on brain function and ageing in the TEDx talk titled “Is retirement bad for your brain?”
AVF has demonstrated a remarkable Compound Annual Growth Rate (CAGR) of approximately 12.01% over a 3-year period from April 2020 to April 2023. The 40.84% growth rate of AVF over the past three years also outperforms the AC Asia Pacific by 31.17%.
The winning streak of our stock-picking AI, Deep Deep, continues. Since its inception on Oct 17, Deep Deep’s portfolio has returned 22.55%, winning all the competitors’ portfolios (Berkshire Hathaway by 2.37% and Aggregate Value Fund (AVF) by 1.64%) and all the competing benchmarks.
The recent failure of Silicon Valley Bank (SVB) has sparked discussions about the importance of diversifying our retirement portfolios. SVB had been a key player in providing finance and services to technology startups for many years but its collapse due to heavy investment in treasury bonds has highlighted the risks of not diversifying investments.
Deep Deep faces its first mini black swan event and still triumphs. On a monthly basis, the Deep Deep portfolio lost out to Aggregate Value Fund (AVF), Berkshire Hathaway and the benchmark indexes. Deep Deep was up 1.1% for the past month. The primary cause was the recent US banking crisis which triggered a massive sale of US banking stocks.
Brendan Murray delves into the issue of losing one’s sense of identity upon retirement. Murray shares his personal experience of feeling lost after retiring, as his career and work had previously defined his identity.
The Aggregate Series is an interview series featuring the fund management team and staff of Aggregate Asset Management (AAM). In this episode, investment analysts Belfort Tan and Cheen Wee Kiang discuss their roles and experiences working at AAM.