Inside Vanguard's Picks: 3 Must-Buy Stocks From AI-Enhanced Funds
Builders FirstSource(BLDR) InvestorPlace·2024-02-15 18:42
A Bloomberg article from early February about Vanguard stock picks caught my attention recently.The article stated that Vanguard has quietly been using machine learning for several of its actively managed mutual funds. In fact, it’s got $13 billion in assets under management in these funds. Scott Rodemer, head of factor-based strategies at Vanguard, said:“What we want to do here is represent the process that we believe in, which is a fundamentally driven quant process. With this kind of multitude of effects ...