Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Slashdot Deals: Prep for the CompTIA A+ certification exam. Save 95% on the CompTIA IT Certification Bundle ×
The Almighty Buck

Submission + - New Twitter-Based Hedge Fund Beat the Stock Market->

nonprofiteer writes: Derwent Capital, a new hedge fund that makes trades and investments based on Twitter sentiment, beat the market--and other hedge funds--in its first full month of trading. From the Atlantic: " Using an algorithm based on the social media mood that day, the hedge fund predicted the market to make the right trades. Sounds unbelievable that something cluttered with mundane musings and media links could have anything smart to say about the market. But it's working so far." Blind luck?
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

New Twitter-Based Hedge Fund Beat the Stock Market

Comments Filter:

Thus spake the master programmer: "Time for you to leave." -- Geoffrey James, "The Tao of Programming"

Working...