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it is about 2 "geeks", named Michael and Carl. Who developed the first
commercially available stock picking "robot". Michael (the programmer)
named the robot "Marl".
Marl came about after Michael developed the famous "Global Alpha"
computer stock trading model, while contracted to Goldman Sachs.
With this software project completed, Michael looked for a new way to
line his pockets. Unfortunately he had signed a Non Compete and NDA
agreement with Goldman Sachs, forbidding him to create software which
trades derivatives and similar financial instruments (like Global
Alpha).
After 3 weeks of being temporarily unemployed, Michael who was very
wealthy and very bored... Decided to start a new project.
You' see Goldman Sachs and most other large investment funds are at a
major disadvantage. They often manage portfolios of up to
$10,000,000,000 (ten billion dollars) - and because of this when they
invest in stocks their scope is limited to just a few of the worlds
largest firms (Coca-Cola, Google).
This problem is widespread amongst fund managers whom manage large
amounts of capital. In fact Warren Buffet (Whom manages $53 billion)
has the exact same problem.
Michael knew he could take advantage of this. By developing software
which can run on any home computer, and manage funds between $100 and
$500,000.
With managing such a small comparative amount, Michael's software
could yield much higher returns. In fact it is designed to trade in
the volatile penny stock market where stocks can increase 400% in a
matter of minutes.
http://pstockxa.blogspot.com/#
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