How To Use ChatGPT To Become A Millionaire

preview_player
Показать описание
How To Use ChatGPT - Here's how Artificial Intelligence is being used for investing in stocks and real estate, and what this could mean for the entire industry moving forward - Enjoy! Add me on Instagram: GPStephan

The YouTube Creator Academy:

The ChatGPT Fund:

All of this began with an article from CNN, claiming that “ChatGPT can pick stocks better than your fund manager." The article explained, between March 6 and April 28, “a dummy portfolio of 38 stocks gained 4.9% while 10 leading investment funds clocked an average loss of 0.8%.”

With this challenge, ChatGPT is given a simple prompt: “We are giving you a $50,000 investment account to put you to the test. Every Monday you will analyze and buy a new set of stocks, and we will sell 2 weeks later."

The entire concept is based on a research paper that successfully used ChatGPT to analyze which stock headlines were good, bad, or neutral for prices. From there, ChatGPT recorded which headlines yielded the largest movements after being published, based on a string of keywords - and, it found was that it was actually pretty good at predicting which stocks were going to fall the most.

Basically, this ChatGPT program found out that NEGATIVE articles yielded the largest, immediate moves in price (to the downside) and when you concentrate that information on smaller stocks, you had the potential for a higher upside if you shorted them.

At the end of the day, ChatGPT is looking for patterns based on past performance - and, with enough data at its disposal, it should - in theory - have enough information to be able to form an opinion on what’s MOST LIKELY going to happen. But if everyone gets those recommendations, ChatGPT could begin recommending ANYTHING, and it’ll go up - because more and more people are hanging on to its every word.

But, aside from that - you have the argument of the “Efficient Market Hypothesis,” which states that “when new information comes into the market, it is immediately reflected in stock prices and thus cannot generate excess returns.” So, if everyone has access to something while AI begins recommending the same stock to the entire planet, it no longer works.

My ENTIRE Camera and Recording Equipment:

Рекомендации по теме
Комментарии
Автор

You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.

Harperrr.
Автор

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. "Missing the train" vs. "losing your money". There are a lot of trains, but if your money is gone, it's over..

wilmabrock
Автор

Moral of the story- invest in whatever chatgpt tells you before it becomes illegal

dirtyburger
Автор

Myself during this Bear Market only trying to focus on BTC, jwR24x, ETH, SOL, MATIC. not losing sight of BNB and GALA. 🇨🇦

mustafatiryaki
Автор

I love the switching up of sets for your shots recently! Spicing things up, and they all look really clean!

lukescapee
Автор

I been paying $20 for ChatGPT plus and it’s been the best $20 I’ve spent. Save me lots of time, gave me some awesome video ideas and it has made me money too.

LesterDiaz
Автор

Great video graham! You’re my favorite creator! I love your smile 💘😻

jackselby
Автор

All I am noticing is your freaking arms now that you and Caleb Hammer had that interview. He said he was trying to copy your arm movements when he first started and now that’s all I notice.

On that note, thank you! I appreciate your info and you do it very wisely without suggesting but simply educating. Very very wise as you build your business.

eliza_kai
Автор

Clicked faster than a gold digger looking for gold.

blackonblack...
Автор

Chat GPT is the hottest trend around until something better takes its place! Keep smiling Graham!

joseperez-igyu
Автор

You have to remind your audience in these videos to try and report as many of these scammer comments as possible, the section is flooded with them.

cheeseman
Автор

I think it will outperform on a mania phase like were in currently because too many retail investors fomo in to hot topic stock's. Overtime im confident the long term value investors will win. Everyone can win in the market weve had the last 10 years. The key will be who outperforms the s&p in downtrends and long term sideways/ low growth years

dm_sliderrr
Автор

Love the summary in the video description

aarondidner-personal
Автор

All I need now is index fund that is actively managed by chatgpt and a small group of managers.

eriktonisalu
Автор

Hey graham love ur channel but I’m lost with the title I guess I might of missed the part u explain how exactly we gain the million or any money for that matter

maxindeed
Автор

Great video thanks!
Going to use in the morning

diegoarcila
Автор

Never been this early for a graham stephan vid ;d

TheMoneyMan
Автор

Great content, life changing! Reading is not just enough". Take action! Put your found knowledge to use. I read for a long time but action made my life change in no time (generally and mostly financially)

That's my two cents on this

hillaryvasquez
Автор

Honestly I love using AI, it's made everything so much easier, especially for content creators

RealEstateChit
Автор

Your vids are always very informative and so nicely thought out! Appreciate you dude!

tristanbell