Programmers will rule the world

[BrilloPad]

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

[Churchill]

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

Old hat.

[doodab]

We already do.

[amcdonald]

Step 1: Replace Fund Managers with computers
Step 2: ???
Step 3: Profit!

[doodab]

Step 1: Replace Fund Managers with computers
Step 2: ???
Step 3: Profit!
Step 4: Goto 2

FTFY

[bobspud]

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

If I am mistaken we have seen quite a few incidents where auto trading has caused a total mare through dumping stock

[scooterscot]

Fund managers 'will be replaced by computers' - Telegraph

This is just step 1.

My city clients depend on my monte carlo simulations for the super computer programs.

SAS

[amcdonald]

My city clients depend on my herbie goes to monte carlo simulations for the super computer programs.

SAS

FTFY

[mudskipper]

If I am not mistaken we have seen quite a few incidents where auto trading has caused a total mare through dumping stock

FTFY

[BrilloPad]

If I am mistaken we have seen quite a few incidents where auto trading has caused a total mare through dumping stock

Sssshhhhhhhh

And lots not forget LTCM in 1998 where the computer models did not appreciate what was happening in the market.