Forum Topics ASX Glossary of Announcements
Ipsum
Added 2 years ago

This is a great idea.

The biggest challenge I've found is getting recent data to feed in.

The ASX charges extortionate fees for access to their data feeds (which I really think should be free to access, but that's another topic).


4
PortfolioPlus
Added 2 years ago

Would there be others in the strawman community interested in preparing detailed instructions which an AI bot might use to scan daily ASX announcements for upgrade potential or downgrade possibilities? alternatively, it might be used to indicate favourable mineralogy that would make one sit up and take notice.

Here are a few of my ideas to get the ball rolling.

Opening line of an announcement which includes the word “pleased“ or provides an “upgrade” are favourable. 

‘ Provides an update on trading’ is usually a bland to negative announcement.

Above consensus is good, below consensus is bad.

The bot should also flag ‘resignations’, ‘appointments’, ‘acquisitions’, ‘negotiated finance’ …heck the list is endless..then again, this idea might be rubbish. Would appreciate the views of others & if it deserves a spray, I will accept.

I’m currently also looking at setting up a personal AI assistant, so if anyone has ideas, I’d be grateful, for this humble scribe has lived mostly in the last century.

19

mikebrisy
Added 2 years ago

@PortfolioPlus good idea. I was thinking about starting a Forum for handy AI prompts and hacks to aid investing research.

One thing to consider is that some of the LLMs have a date cut off, so are not always up to the minute. I still early in my learning curve on this.

So, for example, this morning I did a web page data scrape of text and then tried to get AI to tabulate the data. Big fail. It tried but failed.

If we start a forum on this, then those StawPeople who don’t want their feeds bombarded with AI ideas can mute the forum.

Just putting it out there as I don’t want to start something that would be considered a nuisance by members.

Personally, I’m finding AI is really boosting my research productivity but you have to invest in verification because they all still make mistakes - sometimes quite serious.

17

Strawman
Added 2 years ago

Love this idea @PortfolioPlus, and agree with the comments from @mikebrisy & @RhinoInvestor

I've definitely found maths to be a weak point for AI, but it presents it's results with a lot of confidence so you definitely need to check things.

There are some models that are specific to maths (i found one here) but haven't tested them yet.

My main use case for these models has been as a tool to summarise and search text (see the recent post on Inoviq). It can save a lot of time.

I find i get better responses with detailed prompts and specific requests. ie. short and vague does not work well.

8

PortfolioPlus
Added 2 years ago

Thnx for the feedback Rhino - perhaps like Edison and his light bulb, we will work out what to do by finding out what NOT to do. The weekend Aussie had an amusing article entitled 'The Secret to Talking to an AI Chatbot' - advice included (1) tell the chatbot it is an expert (2) encourage the chatbot to do better (3) ask the AI to suggest prompts (4) be genial and don't get mad and (5) encourage it to be methodical.

Frankly, I don't know whether this is a 'stitch up' which was cooked up after an extended session at the pub.

But, I'm going to persist and my first try will be to understand the lingo and key words as used in ASX announcements. My end intention is that on the top of each hour it would deliver me a list of company announcements to peruse and the reasons why. But hey, sitting in the dunces corner on this stuff, I do understand why a few propeller heads might be chortling at my expense. I do hope more Straw people might see some advantage in a community attempt at this stuff.

5

PortfolioPlus
Added 2 years ago

I might add that I have found perplexity.a1 as a much better searching tool than Google - and there is a FREE version.

4

mikebrisy
Added 2 years ago

Agree. I am finding Perplexity really useful, because it cites all its references, and you get 5 free PRO searches per day. Which is more than I am currently using.

5