In Build a Robo Advisor with Python (From Scratch), youβll design and develop a working financial advisor that can manage a real investing strategy. Youβll add new features to your advisor chapter-by-chapter, including determining the optimal weight of cryptocurrency in your portfolio, rebalancing to keep your investments on target while minimizing taxes, and using reinforcement learning to find a βglide pathβ that can maximize how long your money will last in retirement. Best of all, the skills you learn in reinforcement learning, convex optimization, and Monte Carlo methods can be applied to numerous lucrative fields beyond the domain of finance.
In Build a Robo Advisor with Python (From Scratch) youβll learn how to:
β’ Measure returns and estimate the benefits of robo advisors
β’ Use Monte Carlo simulations to build and test financial planning tools
β’ Construct diversified, efficient portfolios using optimization and other advanced methods
β’ Implement and evaluate rebalancing methods to track a target portfolio over time
β’ Decrease taxes through tax-loss harvesting and optimized withdrawal sequencing
β’ Use reinforcement learning to find the optimal investment path up to, and after, retirement