An AI play generating massive gains

Better than Nvidia [TradeSmith] Dear Reader, Nvidia has delivered over 19,000% and counting. That’s enough to turn $10,000 into $1.9 million. But it’s nothing compared to another type of AI play. Jim Simons built Renaissance Technologies into one of the most successful trading firms of all time. As Quartr.com reports: “RenTec were early adopters of… machine learning and AI.” RenTec has generated 90,129X returns for investors. That’s enough to turn $100 into $9 million. Fact is, AI and computer algorithms are taking over Wall Street right now. Citadel Securities spent $100 million to develop an automated trading algo. It was involved in nearly one in every four trades on U.S. stock markets last year, according to The Financial Times. Citadel founder Ken Griffin is a billionaire 38 times over. Or take Jane Street. This AI-powered firm traded more than $17 trillion in a recent 12-month span. Medium now reports that “Jane Street relies on AI algorithms for real-time data analysis and making rapid trading decisions.” As we speak, virtually every serious institution on Wall Street is adopting AI. The list includes Goldman Sachs, JPMorgan, Citigroup, and more. So, what does this mean to your portfolio in 2024 and beyond? How can you prepare and even profit as computers complete their takeover of the markets? You’ll discover the answer and I’ll even give you the next AI potential winner down to the ticker symbol [here, in this urgent video briefing](. Good investing, Jason Bodner Quantitative Investment Expert, TradeSmith ©2024 TradeSmith, LLC. All Rights Reserved. 1125 N. Charles St, Baltimore, MD 21201 To unsubscribe or change your email preferences, please [click here](. [Terms of Use]( | [Privacy Policy](