Show HN: We're building an AI hedge fund

(rallies.ai)

13 points | by rallies 2 hours ago ago

31 comments

  • pinkmuffinere an hour ago

    The link doesn’t let me read the post without downloading the app?? I’m not 100%, but I bet that’s against HN rules, and at least against the spirit. I’m flagging it

    Edit: I don’t want you to feel excessively bad, but you should feel bad for hijacking a user forum that _in good faith_ entertains new ideas like yours! This kind of behavior destroys the ecosystem you’re benefiting from.

    Edit2: It’s fixed! Thanks @rallies!

    • rallies an hour ago

      I'm fixing it. Give me a minute, apologies.

      Edit (reply on your edit lol): you're right.

      Second edit: fixed now. No more walls anywhere.

      • pinkmuffinere an hour ago

        Thankyou!! Will unflag

        • add-sub-mul-div an hour ago

          It's an account with no activity here except for self promotion. Everyone should be flagging it. It's an advertisement.

          • pinkmuffinere a minute ago

            Show HN is meant for people that build a thing. It's not meant for incremental features. However, I'd say this counts as a 'new thing', not an incremental feature, so I think it should be allowed. At any rate, I'm happy to see it, and I think it meets the bar as compared to most Show HN's I've seen in the past.

          • rallies an hour ago

            Cruel. Was having a good day! I know it's my own thing, but it's free, and it was a lot of work.

          • satvikpendem an hour ago

            Thanks, I flagged. OP, you need more activity than just submitting your own articles.

  • joshstrange 36 minutes ago

    Are there multiple instances of each model running? Or at least more than 1? I'd be fascinated to see what multiple Claude instances would fare, would they all be up, or did this instance just get lucky?

  • rallies an hour ago

    In case it's not clear.

    This is an experiment to see how well can LLMs invest in the market through a lot of research. We give them tool calls to access every financial dataset that exists online, and also some money to manage. And we then see how well they do.

    The experiment started in November 2024.

    • unohoo an hour ago

      is the leaderboard based on returns since november 24 ?

  • rallies 2 hours ago

    Founder here: YC actually had an "AI hedge fund" idea in one of their recent "request for startups" post. We've been working on evaluating the capabilities of frontier models in investing money in the stock market. Results are encouraging and we're not doubling down on it.

    Happy to answer any questions.

    • Kuyawa an hour ago

      How difficult would it be to do the same for the crypto world? I love the concept.

      • rallies an hour ago

        Not difficult at all.

        Nof1 has actually been doing that.

  • mrbluecoat an hour ago

    Glad I didn't put my money on Qwen. -35% ouch

    • rallies an hour ago

      haha lol.

      I actually think it's doing better now. It was just too stubborn to exit its position for the first few months. It did that, and put some money into MSFT/JPM recently.

  • RhysU 25 minutes ago

    The default page load hides plots for all models with negative returns? That's sketch.

  • htrp an hour ago

    How are you different from all the other quant funds?

    • rallies an hour ago

      there is no human in the loop, there is no high frequency trading. We're trying to have AI mimic what fund managers do:

      - lots of research - longer time horizons - zero humans in the loop, but explain every single thing you do.

      • an hour ago
        [deleted]
  • Kye an hour ago

    I was under the impression ML-driven trading was already widespread.

    • rallies an hour ago

      ML driven is. LLM driven is still nascent, especially the idea that as large language models get more advanced, can they research and invest like a fund manager.

  • charliememe99 an hour ago

    Whats the goal of this though?

    • rallies an hour ago

      Two goals.

      - First is to actually evaluate whether these LLMs have any intelligence around investing. If you actually give them all the data, can they do well? Can they beat the market? I'm not sure, we're testing that.

      - My thesis is that they will actually beat the market (I know a lot of you will disagree). If that's the case, how can we invest a lot of resources in building the best harness, tool calling, etc to enable these models to invest.

  • charliememe99 an hour ago

    What the goal of this?

  • gambutin an hour ago

    Are you hedging against the AI bubble?

    • rallies an hour ago

      The AI models are. Somewhat.

  • johnwhitman an hour ago

    [dead]

  • vicchenai an hour ago

    [flagged]

    • rallies an hour ago

      I agree. A couple of things.

      - We've built a local vector database with every SEC filing over the last few years. And we've built a tool call on top of that to allow these LLMs to read and query sec filings. - Have done the same for a lot of other data sources, just giving the LLM access to them and allowing it to spend some time to actually research.

    • warmwaffles an hour ago

      10-Ks are going to be written by LLMs increasingly soon. I wonder how this will impact LLMs reading them.