At a recent event hosted by the Asian Institute of Management in Manila, the algorithmic investor and strategist Joseph Plazo argued that automation may have outpaced accountability.He offered a sober reminder: faster trades are not always wiser ones.“If you allow a machine to manage your portfolio,” he said, “ensure it reflects your prioriti… Read More
At a gathering of students and young professionals in Manila, Joseph Plazo—the founder of AI trading firm Plazo Sullivan Roche— posed a challenge to the prevailing techno-optimism in finance.His argument was not anti-technology, but pro-governance.“Delegating execution does not mean abdicating responsibility.”???? **The Model Is Perfect. Th… Read More