Christian Hiller von Gaertringen . Peter Zolling (eds.) Computers are only human Bernhard Langer and Michael Fraikin: A conversation about systematic factor-based investing Systematic exchange trading - two investment professionals explain the factor investing approach. Are computers better investors? Investment specialists Bernhard Langer and Michael Fraikin discuss our strengths and weaknesses when it comes to financial investing and go into depth about the possibilities that factor investing opens up. Factor investing is going to significantly influence the future of the financial markets. The use of computers already helps investors avoid knee-jerk reactions and make their decisions more systematically according to clearly defined rules. Factor-based investment - how and why does it work? Profit from years of practical experience: Bernhard Langer and Michael Fraikin are known internationally as pioneers of the factor investing approach. Understand the relationships: The interview ranges from the role of computers in our everyday lives to the modern financial economy, from epistemological and ethical issues to the future of financial investing. For experienced investors and newcomers alike: The personal insights into the world of quantitative mangers provide readers with a well-founded and understandable overview of the development, the potential, and the limits of factor investing.