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684 points prettyblocks | 16 comments | | HN request time: 0.213s | source | bottom

I mean anything in the 0.5B-3B range that's available on Ollama (for example). Have you built any cool tooling that uses these models as part of your work flow?
1. spiritplumber ◴[] No.42786957[source]
My husband and me made a stock market analysis thing that gets it right about 55% of the time, so better than a coin toss. The problem is that it keeps making unethical suggestions, so we're not using it to trade stock. Does anyone have any idea what we can do with that?
replies(6): >>42787033 #>>42787185 #>>42787294 #>>42787375 #>>42787659 #>>42789438 #
2. bobbygoodlatte ◴[] No.42787033[source]
I'm curious what sort of unethical suggestions it's coming up with haha
replies(1): >>42788357 #
3. Etheryte ◴[] No.42787185[source]
Have you backtested this in times when markets were not constantly green? Nearly any strategy is good in the good times.
replies(1): >>42788359 #
4. ◴[] No.42787294[source]
5. dkga ◴[] No.42787375[source]
Suggestion: calculate the out-of-sample Sharpe ratio[0] of the suggestions over a reasonable period to gauge how good the model would actually perform in terms of return compared to risks. It is better than vanilla accuracy or related metrics. Source: I'm a financial economist.

[0]: https://en.wikipedia.org/wiki/Sharpe_ratio

replies(1): >>42788360 #
6. bongodongobob ◴[] No.42787659[source]
You can literally flip coins and get better than 50% success in a bull market. Just buy index funds and spend your time on something that isn't trying to beat entropy. You won't be able to.
replies(1): >>42788940 #
7. spiritplumber ◴[] No.42788357[source]
so far, mostly buying companies owned/ran by horrible people.
replies(2): >>42790298 #>>42794032 #
8. spiritplumber ◴[] No.42788359[source]
yep. the 55% is over a few years.
replies(1): >>42790290 #
9. spiritplumber ◴[] No.42788360[source]
thank you! that's exactly the sort of thing I don't know.
10. spiritplumber ◴[] No.42788940[source]
INSUFFICIENT DATA FOR A MEANINGFUL ANSWER.
11. febed ◴[] No.42789438[source]
What data do you analyze?
12. kortilla ◴[] No.42790290{3}[source]
Right, but if 55% is avg over the last few years, “buy stock” is going to be correct more than not.

https://www.crestmontresearch.com/docs/Stock-Yo-Yo.pdf

replies(1): >>42791373 #
13. kortilla ◴[] No.42790298{3}[source]
So if you filter out the Republican owned ones or whatever your bugbear is, does the 55% persist?
14. Etheryte ◴[] No.42791373{4}[source]
I think this is a good highlight of why context and reality checks are incredibly important when doing work like this. At first glance, it might look like 55% is a really good result, but in the previous year, a flat buy every day strategy would've been right 56.7% of the time.
replies(1): >>42798262 #
15. GordonS ◴[] No.42794032{3}[source]
Can't you adjust the prompt to filter out companies that fund genocide etc?
16. dutchbookmaker ◴[] No.42798262{5}[source]
55% means basically nothing in this context if even money. Long 45% to 55% is most likely completely random because it is symmetric with shorting 45% to 55%

Exactly what you would expect from a language model making random stock picks.