The Computer, New Partner in Investment Management (Classic Reprint) - Hardcover

Arnold E. Amstutz

9780332972671: The Computer, New Partner in Investment Management (Classic Reprint)

Hardcover

ISBN 10: 0332972674 ISBN 13: 9780332972671

Publisher: Forgotten Books, 2018

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Excerpt from The Computer, New Partner in Investment Management

In the absence of meaningful experience with computer based investment systems, the discussion to date has been based largely on hypothecation. The substantial cost of data acquisition and maintenance, computer time, and system development have effectively limited the generation of systems capable of providing relevant experience. Those who have devoted resources to the systematic study of security markets have offered little encouragement for the would be practitioner of computer based investment decision making.5 Those who have found profitable application of the technology have preferred to enjoy a competitive advantage in the market rather than to publicize their activities.

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