No. of Recommendations: 0
I asked Gemini to critique my previous post:
Apparently there is no evidence that gender plays a role in attitudes to risk. I call BS on that.
Gemini notes that Greggs set itself an ambitious expansion plan a few years ago. That is true but my understanding is that the five year plan to double sales ends in 2026. I should have a look at openings and closings over recent years.
Gemini points out that Greggs does do share buybacks. And that is technically correct, I can see a small £5m in both 2024 and 2023 in the CF statement. It will be interesting if they up this in 2025. I doubt it but we’ll see.
More generally, I must say I find the AI results on investment research to be a long way short of what it could be. Particularly when it comes to ratios, calculations or anything involving numbers, which are obviously important. It just seems to pick the odd random bit of data and weave it into textbook type narratives with zero care for accuracy and even less care for providing any insights. It obviously can’t go into PDFs of company accounts yet and is not good with numbers or getting data from tables. It will no doubt improve. There are probably AI tools that can analyse company filings. I must look into that, as Gemini is rubbish for it. Little clues as Buffett would say. Example, analyse the last 20 years of annual reports and quarterly filing and show me patterns where sentence repeated for several years and then were altered. Could quickly see specific things like: did management change the discount rate used to value pension liabilities.
