A stock portfolio created by ChatGPT is outperforming the top UK investment funds

Thu, 05/04/2023 - 11:31

Traders work on the floor of the New York Stock Exchange (NYSE) near the close of market in New York, U.S., October 31, 2018. REUTERS/Brendan McDermid — Traders work on the floor of the New York Stock Exchange (NYSE) near the close of market in New York
Thomson Reuters

ChatGPT created a portfolio of 38 stocks, and the bot has outperformed top competitors in the UK.
In eight weeks, the theoretical portfolio has generated 4.9% returns, versus a loss of 0.8% for the top 10 UK funds.
Meta, Microsoft, and Intel Corporation have been the three top-performing stocks in the ChatGPT fund.

A theoretical stock portfolio of 38 companies picked by ChatGPT has outperformed the 10 most popular funds in the UK over an eight week stretch, according to finance website Finder.com.