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I don't know if it counts as insider information, but Numerai might have access to superior data, but they obviously don't want to give it away, as they would l
by Paul-ish 10y ago
I don't know if it counts as insider information, but Numerai might have access to superior data, but they obviously don't want to give it away, as they would lose their chance to make money. This way they keep the power but leverage the knowledge of those with good analytic skills. I guess it would work in a situation where one party has knowledge, and the other party has skill, and it is only possible to profit when both are combined, but the one with the knowledge wants to maintain all the power in the bargain.