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TTAGG: Using Social Data to Beat the Market

9 pointsby tyrickover 13 years ago

2 comments

obiterdictumover 13 years ago
The trouble with services like this is that in order to "beat the market", i.e. be above average, you have to have information before other market participants. As soon as information becomes public, you can no longer make "more than average" returns with it, because everyone would be trading off it.<p>This usually means that if the information is any good for profitable trading, it will be quietly used to make a profit and won't be shared with general public.
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joshtxtover 13 years ago
Very interesting concept!!!