Invest by Model or by Judgement? Join the #Buyside Debate @LipperLeaders @thomsonreuters

Thomson Reuters advertised the question of whether predictive modeling or human judgement is more important to generating alpha by fund managers on the site

As of the time I cast my vote, opinions still seem evenly split, but with more conviction on the model side than the human judgement side (and I doubt that’s being skewed by robots voting πŸ™‚ ).

My comment: “Predictive Modeling algorithms mostly start with Human Judgement, but take advantage of computers’ ability to be more systematic and data driven with less emotion and error. Β Human Judgement will always have its place, but less and less in tasks better done by machine.”