AUTOMATED PORTFOLIO MANAGEMENT SYSTEM WITH INTERNET DATAFEED

Patent №

US 6,064,985

Granted

2000-05-16

Filed 1998

Owner

ASSURED EQUITIES, INC.

Lab

AI components

3

kr · planning · evo

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09010419

An automated portfolio management system and method which manages data in a database, and populates the database with data from a data feed off the Internet. The system utilizes double leveraging of funds and purchased index puts as insurance against market downturns, to generate a guaranteed high yield. The double leveraging is accomplished by selling covered calls and using a formula to determine the maximum amount to borrow against the portfolio, and using income from both sources to purchase additional stock. The high yield from the portfolio is protected from market downturns by index puts.

AI classification

Planning0.97
Evolutionary computation0.76
Knowledge representation0.65
Natural language0.05
Machine learning0.00
AI hardware0.00
Speech0.00
Vision0.00

Ownership

ASSURED EQUITIES, INC.

assignment · 89640817

Assignors

ANDERSON, LEROY E.

On an employer assignment, the assignors are typically the inventors.

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