SumZero Strategies Q4 2022 Report

SumZero Strategies are quantitative models backed by AI technology, leveraging large language models (ie; ChatGPT, GPT3, etc) and incorporating over 120 other fundamental factors. Trained on SumZero's buyside research database, and designed to highlight investment reports that are likely to outperform the SPX in the medium to long term – the four Strategies have done just that since 1/1/2020. The ideas being selected are readily available for all to see, on SumZero. Enclosed is our Q4 2022 review discussing some of the best performing ideas in the quarter. More broadly speaking, our model has learned ‘value’ investing heuristics without being explicitly taught them. By ‘value,’ we do not mean “cheap P/E” stocks, but rather identifying a mismatch between current value embedded in the stock price and future expected cash flows.