Limeglass Ltd’s Post

I've temporarily passed the Limeglass blogging baton to CTO Simon Gregory! Simon is writing a series of articles that get into the weeds on using #search for #investmentresearch - it's great stuff.   In his first article, he writes about the importance of time. 🕰 🗓 Some key takeaways:   💡 Traditional search engines (and recent Retrieval Augmented Generation tools) are bad at providing results based on a smart consideration of chronology and document shelf-life 💡 Research documents and users of research search tools are unusually sensitive to time 💡 Limeglass has built its own search engine that treats time as a first class citizen   Message to #Banks & #Research Houses:   If you're building #RAG solutions or updating your search tools, give us a call! Don't fall into the trap of making time a 2nd class citizen - your users will not thank you.

It is a surprisingly difficult task to make #SearchEngines work effectively with #InvestmentResearch. Even with the latest technologies at our fingertips, this remains a big problem for consumers of research to find the relevant information. This is the first in a series of articles I'm writing to discuss why this is and what can be done about it.     This first article covers the problems arising from the time-sensitivity and the dynamic nature of #FinancialResearch content. The effects of time are far reaching, it touches the core of the search index itself, and exposes the limitations of even the latest search techniques such as #VectorSearch, #LLMs and #RetrievalAugmentedGeneration.   To make an effective search experience, you need to embrace the fourth-dimension! 🕒

Making Search Work for Investment Research   #Searchengines have not been able to give good results for #InvestmentResearch content. In this article, Limeglass Ltd Co-Founder & CTO Simon Gregory discusses a practical view on why that is, as well as the latest advances in search, #LLMs, #vectorembeddings and what to be aware of when applying them to investment research.   Part 1 – Time, Evolution & Chronology   The Investment Research universe is dynamic and rapidly expanding, so an effective search engine needs to embrace time, evolution, and chronology to avoid falling into a black hole.   Read more here: https://lnkd.in/dqMxZutz

Headlines that contain a fear message are on the rise. Look past them when making investment decisions. If you want a team to help you see through the noise give us a call at 250-770-2116 or email robert.vanalphen@cibc.com #investing

Artificial Intelligence can assist you in your investing decisions. Save many hours making your important investment decisions harnessing the power of Artificial Intelligence. Join my next class on July 2. Andrew attended the first class and gave the following feedback "I really enjoyed this course. It provided me heaps of guidance maximising AI-based tools to support my investment decision-making. However, what I learned applies beyond investment decisions to other areas of my study, work and life. Tim presented the information clearly and simply enabling me to put what I had learned into practice straight away". Book your place here: https://lnkd.in/gnQF8m8Z

I am a big fan of AQR and their research. "Investing Amid Low Expected Returns" is Antti Ilmanen's second book, which no doubt leverages a lot of the firm's work over the years. Given that all asset classes appear expensive relative to their own histories and subsequently, low expected returns are ahead, Ilmanen raises the question - "should investors take more or less risk amid low expected returns?". The book contains lots of historical context and in-depth and thought-provoking points of view (along with far too many footnotes). To spoil the ending, he offers one answer to his question. "[F]or investors to hold a broadly similar portfolio as in normal times: to stick with their long-run strategies and beliefs, serenely accepting that markets now offer less." Specifically, he suggests selecting return sources based on realistic investment beliefs that you can stick with, like historically rewarded asset class and style premia. Size them based on risk-adjusted expected returns, invest strategically and patiently with potentially some tactical timing, construct portfolios that will survive most scenarios, and execute cost-effectively. Perhaps slightly disappointing in that there is nothing revolutionary here, but all very sound advice. One strategy that comes up not only in his book but across many other commentaries is managed futures/trend following, which has quietly had multi-decades of success, and one that might be extremely prudent in these times. Onto my next research project!

Is company age a factor in your investing decision process? While it may not be useful alone, it can be an important variable in the larger decision-tree framework. https://lnkd.in/ebu8z5Kp

My research efforts usually are tedious and frustrating. I have hundreds of thoughts and I study hundreds of companies, but good investment ideas are few and far between.  Maybe only 1 percent or so of the companies we study ends up being part of our portfolios. However, when I do find an exciting idea, excitement fills the air—a blaze of light that more than compensates for the hours and hours of tedium and frustration. – Ed Wachenheim ...   Also, check out my blog 👉 www.boolefund.com

Say you're an investment bank that wants to identify better opportunities for clients, accelerate research, carry out deeper analysis, & perform more precise target qualification. You want to differentiate yourself from your competitors & offer investment analysis with a unique perspective. How do you do that? Check out this real world example and case study to learn how: https://hubs.la/Q02nG1LC0

My research efforts usually are tedious and frustrating. I have hundreds of thoughts and I study hundreds of companies, but good investment ideas are few and far between.  Maybe only 1 percent or so of the companies we study ends up being part of our portfolios. However, when I do find an exciting idea, excitement fills the air—a blaze of light that more than compensates for the hours and hours of tedium and frustration. – Ed Wachenheim ...   Also, check out my blog 👉 www.boolefund.com