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Machine Learning for Finance
book

Machine Learning for Finance

by James Le, Jannes Klaas
May 2019
Intermediate to advanced content levelIntermediate to advanced
456 pages
11h 38m
English
Packt Publishing
Content preview from Machine Learning for Finance

Chapter 5. Parsing Textual Data with Natural Language Processing

It's no accident that Peter Brown, Co-CEO of Renaissance Technologies, one of the most successful quantitative hedge funds of all time, had previously worked at IBM, where he applied machine learning to natural language problems.

As we've explored in earlier chapters, in today's world, information drives finance, and the most important source of information is written and spoken language. Ask any finance professional what they are actually spending time on, and you will find that a significant part of their time is spent on reading. This can cover everything from reading headlines on tickers, to reading a Form 10K, the financial press, or various analyst reports; the list goes on ...

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Publisher Resources

ISBN: 9781789136364Supplemental Content