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“acquiring high-quality alternative data, gathered from nontraditional sources” ? I’m only a few paragraphs into this, but sure sounds like they’ve been floggi
by danw1979 3y ago
“acquiring high-quality alternative data, gathered from nontraditional sources” ?
I’m only a few paragraphs into this, but sure sounds like they’ve been flogging other people’s data so far.
I mean, maybe that’s legal in most places if the data was publicly available ?
- PigiVinci83 3y agoWell, alternative data in general is anonymized and absolutely does not contain any personal info (even because PII is useless for hedge funds, they need to see trends not sell something to people).
- danw1979 3y agoI meant data belonging to other companies really, not individuals.
- PigiVinci83 3y agoUnless it’s proprietary data (or data acquired from third parties and elaborated), the other source is mainly web scraping and this is regulated. You need to have the rights to scrape this data, which it means that it’s public data