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0 sats \ 0 replies \ @Thwachi 31 Jan \ on: Financial Statement Analysis with Large Language Models AI
Researchers tested GPT-4's ability to analyze financial statements and predict future earnings. Key findings:
  1. GPT-4 outperformed human analysts in predicting earnings changes.
  2. GPT-4 excelled in situations where human analysts struggled.
  3. Its accuracy matched a specialized machine learning model.
  4. GPT-4 generated useful narrative insights, rather than relying on training data.
  5. Trading strategies based on GPT-4's predictions yielded better results.
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