Money.ai: The book
Money.ai has evolved from my previous textbook The Portable Private Banker which has been used by hundreds of students in our MBA and MSc programs. The original book needed an update in light of the biggest revolution since the beginning of the internet, namely the rapid rise of Artificial Intelligence (AI), but this new version maintains the same ethos of investing through Exchange-Traded Funds (ETFs) and low-cost index funds.
This book is intended primarily for MBA and MSc students at Robert Kennedy College in Switzerland, but it can be helpful for anyone interested in investing through ETFs. It discusses how to support investing through AI and benefit from the opportunities it presents. It also covers some of the newest actively managed ETFs powered by AI, which represent a potential big revolution in finance as they actively use the technology for portfolio selection. And since machines are much better than humans at analyzing large amounts of data, they are likely to change investment decisions dramatically.