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Terms

Terms of use

What the articles are, what they are not, who owns what, and which law applies.

These terms govern your use of the website Frost Investment Research operates at frostcompiler.digital. By using the site you accept them. They were first published in October 2026.

Who publishes this site

This website is published by Frost Investment Research Co., Ltd. , a company registered in Taiwan under Business No. (UBN): 78437009 , with Representative: Chen Chun-Jung as its responsible person. The registered address of publication is No. 159, Fuxing N. Rd., Songshan Dist. , 105 Taipei City , Taiwan . Correspondence goes to info@frostcompiler.digital or +886 2 2547 3268 .

What the content is — and is not

The articles in the library are general editorial and informational writing about the role of artificial intelligence in investment: the ways backtests mislead, the routes by which data leaks into models, and the discipline of point-in-time historical data.

They are not:

  • personalised investment advice, recommendations, or opinions on securities;
  • an offer, solicitation, or inducement to trade any financial instrument;
  • a promise of performance, of accuracy, or of fitness for any particular purpose.

Content is published “as is”. Methods described in the abstract may be wrong or incomplete when applied to any concrete dataset, and errors survive even careful editorial review. Nothing here creates an advisory, fiduciary, or contractual relationship between you and the publisher. If you need advice on investing, take it from a licensed professional in your jurisdiction who can look at your actual situation.

Intellectual property

The essays and the design of this website are the property of Frost Investment Research Co., Ltd. . You are welcome to read, link, and quote short passages with a link back to the original essay — that is what the library is for. Systematic republication, reselling, or mirrored use of the essays requires written permission; ask via the contact page. No ownership of code, fixtures, or trademarks is transferred by these terms.

Image credits

The photographs on this site are real photographs, used under the licenses noted below. Our thanks to the authors.

ImageAuthor / sourceLicense
Market-data terminal (home page)Gforsythe, Wikimedia CommonsCC0 1.0 (public domain dedication)
Server-rack technician (home page)Derrick Coetzee, Wikimedia CommonsCC0 1.0 (public domain dedication)
Punched-card sorter (home page)leighklotz, Wikimedia CommonsCC BY 2.0
Taipei night skyline (home page)4300streetcar, Wikimedia CommonsCC BY 4.0
New York Stock Exchange floor (home page)Thomas J. O’Halloran, Wikimedia CommonsPublic domain (U.S. News & World Report collection)

Where a credit above is not otherwise noted as public-domain or CC0, the license terms (including attribution) are satisfied by the credit line shown alongside the image on the page where it appears and repeated here.

Acceptable use

You agree not to use this website or its inquiry form for unlawful purposes, not to submit automated spam or deliberately false information, and not to attempt to disrupt, overload, or probe the site or its form endpoint. The inquiry form exists for readers’ questions about the articles, and we will ignore — and where necessary report — anything else routed through it.

Essays may point to third-party references for context. We do not control those destinations and are not responsible for their content, availability, or their own privacy practices.

Liability

To the greatest extent permitted by Taiwanese law, the publisher’s liability arising from your use of this website is limited to liability that cannot legally be excluded; in particular, no liability is accepted for trading decisions made in reliance on editorial content that this site expressly does not intend as advice. (These limitation words are standard market-consistent boilerplate, proposed pending business confirmation.)

Governing law and jurisdiction

These terms and any dispute arising out of the website are governed by the laws of Taiwan (R.O.C.). Unless otherwise required by mandatory consumer-protection rules, the courts competent for our registered seat in Taipei City have jurisdiction. (This is standard market-consistent jurisdictional boilerplate, proposed pending business confirmation.)

Changes

We may update these terms as the project evolves. The current version is always the one at this address. Continuing to use the site after a change means the revised terms apply.