In The Predictive Edge: Outsmart the Market Using Generative AI and ChatGPT in Financial Forecasting, veteran finance and machine learning researcher Dr. Alejandro Lopez-Lira delivers an insightful and practical discussion of how to use large language models (LLMs)--like ChatGPT--to unlock new investment opportunities and make better decisions. In the book, you'll explore how to interpret the outputs of LLMs to inform your trading strategies, incorporating broader market sentiment into your analyses of individual securities and the market as a whole.

In addition to a comprehensive and easy-to-follow explanation of how ChatGPT and similar LLMs operate--including how they analyze sentiment in news headlines and correlate it with stock market movements--you'll learn about future trends in artificial intelligence and finance. You'll also discover how to implement contemporary and future tools into your investment strategies and processes, enhancing your professional and personal investment portfolios.

The Predictive Edge offers a unique and approachable blend of cutting-edge theoretical knowledge and practical trading strategies, providing valuable examples and bridging the gap between the complicated world of AI and the down-to-earth requirements of business and investment professionals. The book contains a conceptual AI toolkit, putting the power of artificial intelligence at your fingertips and giving you an edge in financial forecasting that's impossible to replicate.

Perfect for retail and professional investors, investment and portfolio managers, and securities analysts, The Predictive Edge is also a must-read for managers, executives, and directors responsible for understanding and responding to the markets, as well as tech and finance enthusiasts interested in the intersection of these two dynamic and fascinating sectors.