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"What Is Alternative Data and Why Is It Changing Finance?" https://builtin.com/fintech/alternative-data https://builtin.com/fintech/alternative-data
by sampo 4y ago
"What Is Alternative Data and Why Is It Changing Finance?"
https://builtin.com/fintech/alternative-data https://builtin.com/fintech/alternative-data
- yamtaddle 4y agoTL;DR: Info gleaned from just about any source other than company statements and market data, used to guide investment choices. This includes stuff like satellite imagery, which has been used for a long time for these sorts of purposes, but also e.g. social media trends. I guess the news is that there's more of it happening now, because the practice itself isn't new.
- eloff 4y agoFascinating.