Quartz

Rogovy said he’s met many investors who think that individual stock investing involves catching a meme stock or picking the next NVDA. “These are games that many investors don’t want to play,” he noted.

Still, there are risks in relying too heavily on AI trading strategies. “So many AI models are based on patterns in text and words, but investing is a numbers game,” said Rogovy.

“Buffett’s BNSF railroad purchase was surprising at the time,” said Asher Rogovy, chief investment officer at Magnifina, LLC in New York City.