Money.ai

Investing in the Age of Artificial Intelligence

Prof. Dr. David Costa

Money.ai stems from my earlier textbook, The Portable Private Banker, used by hundreds of MBA and MSc students. The world of investing has undergone a profound shift with the rapid emergence of artificial intelligence (AI). Yet, despite these changes, this new edition preserves its central philosophy: investing through exchange-traded funds (ETFs) and low-cost index funds.

This textbook is available to students at Robert Kennedy College.

About the Author

Author Photo for Prof. Dr. David Costa

Prof. Dr. David Costa is co-founder and Dean of Faculty at Robert Kennedy College, where he oversees faculty development and shapes the college’s innovative academic programmes. He earned a Doctorate in Law from the University of Basel, specializing in the regulation of synthetic investment products, and also holds law degrees from Robert Gordon University (LL.B.), Northumbria University (LL.M. in International Trade Law), and Washington University in St. Louis (LL.M. in U.S. Law).

Prof. Dr. Costa’s business credentials include a BA in Business Studies (University of Derby), an MBA in eCommerce (Queen Margaret University), and a PhD in Strategy, Programme and Project Management (Skema Business School), with doctoral research on index-based commodity investments. At Robert Kennedy College, he lectures in Contract Law, Transnational Business Law, Investment Law, and Financial Management. He is the author of Money.ai and has contributed expert commentary to CNBC Europe and Bloomberg Television.

Preface: 2nd Edition Highlights

Money.ai originates from my earlier book, The Portable Private Banker, used by hundreds of MBA and MSc students. Rapid AI advancements have reshaped investing, yet my guiding principle remains steadfast: prioritize exchange-traded funds (ETFs) and low-cost index funds.

Why a New Edition? In today’s data-driven, cost-conscious climate, this second edition expands upon:

How AI Helps (But Doesn’t Replace You): While AI can analyze fund overlaps and recommend strategies, human oversight remains crucial. Vague prompts yield generic results, so “trust but verify” any AI-driven suggestions.

Ultimately, my goal is to show how accessible and streamlined investing can be, given the right platforms and a balanced use of AI. Whether automating trades or leveraging AI analytics, today’s tools are more powerful—and more user-friendly— than ever.

— Prof. Dr. David Costa

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