WEALTH
How 3 Billionaire Investors Used AI To Double Their Fortunes In A Year
After a rough stretch, investment firm AQR is on a 5-year hot streak thanks to a new AI infused investing strategy and strong tax-friendly returns, beloved by financial advisors.
By Vanessa · · 6 min read read
Photo by Austin Distel on Unsplash
After a rough stretch, investment firm AQR is on a 5-year hot streak thanks to a new AI infused investing strategy and strong tax-friendly returns, beloved by financial advisors. The three billionaire founders have seen their fortunes soar as their quantitative approach, now supercharged with machine learning models, has consistently outperformed traditional hedge funds.
The firm's flagship fund returned over 40% last year alone, drawing billions in new capital from institutional investors eager to capitalize on the AI revolution in finance.