Opinions
Terry Shaunessy
Horizons Active A.I. Global Equity ETF
MIND-T
DON'T BUY
Jul 13, 2018
$26.490
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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HOLD
This AI ETF functions well in the hard sciences – like the oil sands – where AI can assist in efficiencies. The challenge will be behavioural – a black box system investment – which will be difficult to stick with during periods of high volatility. A good compliment to a global equity portfolio.
E.T.F.'s
AI works really well for lots of things, but portfolio management isn’t one of them. Investing is an art, not a science. This ETF is like blockchain and marijuana, which people love, but it’s too early on these things. They’ll give up profits when the market turns. He’d be careful.