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At the end of week five, our ChatGPT portfolio continues its impressive climb, outperforming seven of the top 10 funds. Even more encouraging, the AI-built portfolio has moved up another notch, now sitting comfortably in fourth place.
With a substantial gain of 7.21%, the ChatGPT portfolio is showing that it’s a force to be reckoned with in the investment landscape.
Our best performing stock is Tesla Inc TSLA — we are up 53% since we picked up the artificial shares, and our worst performer is Merck & Co Inc MRK, down 6.64%.
We are not selling, adding, or hedging any positions for the entire six-month experiment.
Curious about the specific stocks in Benzinga’s AI portfolio? Click here.
And, here’s a link to last week’s results.
As we assess the results, it’s critical to maintain a long-term perspective. Remember, this is a six-month-long experiment. Investing is a marathon, not a sprint, and fluctuating leaderboards are par for the course.
The goal of this series isn’t to pitch AI as a replacement for human financial advisors, but to explore AI’s potential as a tool to assist in investment decisions. ChatGPT, despite its sophistication, lacks the ability to process real-time data or assess individual financial circumstances.
While it’s certainly not a licensed financial advisor, our experiment enriches the conversation about AI’s place in finance.
Join Benzinga next Wednesday for another installment in the series, “Is ChatGPT A Better Financial Advisor?” We’re excited to see how the sixth week pans out for the AI-crafted portfolio.
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