Unlike other industries (including oil and gas), there has been little innovation in the mining industry in recent decades, with one group of analysts observing that “miners from 50 years ago would find little has changed if they entered today’s mines….” One company, however, is looking to reverse this trend, a firm the author of today’s article describes as “a first-of-its-kind quant shop that aims to use artificial intelligence (AI) and machine learning to revolutionize the mineral exploration business.” For more on this company, which also uses AI to screen for the best investment opportunities among exploration companies, CLICK HERE.
While Yin Luo of Wolfe Research “doesn’t think that robots will replace money managers soon…he does think that machine learning can give investors an edge” – and in today’s article, an interview with Luo, he shares what his models indicate about the state of the bull market (and the chances of a recession), the risk posed by a trade war, which parts of the market are attractive (and which aren’t), some specific contrarian stock calls, and more. CLICK HERE.
When it comes to disruptors, the author of today’s article sees one that is largely being overlooked by profit-seekers amid all the attention being paid to the likes of the Internet of Things and artificial intelligence: U.S. shale oil production, which is estimated to reach 11 million barrels a day by the end of 2019. He proceeds to highlight a company that has decided to focus all of its attention on the most lucrative shale oil reserve: the Permian region. For more on this potential pure play on the U.S. shale oil boom, CLICK HERE.