3 ms·
It might kick out 2 or 3 "good idea" trades a year that you could milk, but the real value in this data is getting it quickly into the hands of people who manag
by mike_d 2y ago
It might kick out 2 or 3 "good idea" trades a year that you could milk, but the real value in this data is getting it quickly into the hands of people who manage sector portfolios.
Say for example a filing happens that a company will be impacted by trade sanctions. You could short the stock as a naive investor and maybe make a few bucks. Someone with sector knowledge will rebalance their portfolio knowing that customer demand for widgets will shift to sprockets which in turn require doodads. AI isn't there yet because it requires a lot of non-public knowledge to really make money off of.