An easy way to harness the power of AI quant models is to look at top holdings of ETFs, he said.
But it's a tall task for individual investors — let alone institutions — to develop AI models for stock picking, Oh said.
Oh said that the Qraft's momentum fund's top two holdings right now are Amazon (AMZN) and Meta (META).
While it was the model that picked Amazon and Meta, Oh said they're solid fundamental plays.
As for Meta, Oh said it's well-positioned for the AI boom as is one of the leaders in the space.
Persons:
Francis Oh, —, ChatGPT, I'm, Google's Bard, Oh
Organizations:
Vanguard's Hong, Qraft Technologies, Apple, Nvidia, AI, Equity, BTD, Fund, Vertex Pharmaceuticals, Gamestop, Dow, Industrial, SolarEdge Technologies, Dow Inc, Enphase Energy, Meta
Locations:
Asia, Pacific, Vanguard's, Vanguard's Hong Kong