This is the start of the end of the financial markets. This is not a joke. Good luck!
The screaming calls from hedge funds started coming for Daniel Nadler on Jan. 24, 2012. That was the day Nadler, then a 28-year-old Harvard Ph.D. in economics, co-wrote a story on Bloomberg pointing out how the strength of the dollar can predict weekly lows in the S&P 500 index. At the time traders were making a bundle on this dollar-S&P correlation. âThey were like âYou betrayed the brotherhood! If you discover it, you trade off itâyou donât make it public and kill the arbitrage,ââ says Nadler, a fast-talking Canadian with dark ringlets flopping over his forehead.
In the coming months Nadler is likely to receive a few more of those calls. His new Cambridge, Mass. company, Kensho, cofounded with programmer Peter Kruskall, is out to do to financial analysis what Google GOOGL -1.38% did to search. That is, they want to put in the hands of the masses a level of expertise about financial markets that only a handful of the top hedge funds and banks use to make billions off of short-term market inefficiencies...........
http://www.forbes.com/sites/stevenb...o-bring-google-style-search-to-stock-picking/
The screaming calls from hedge funds started coming for Daniel Nadler on Jan. 24, 2012. That was the day Nadler, then a 28-year-old Harvard Ph.D. in economics, co-wrote a story on Bloomberg pointing out how the strength of the dollar can predict weekly lows in the S&P 500 index. At the time traders were making a bundle on this dollar-S&P correlation. âThey were like âYou betrayed the brotherhood! If you discover it, you trade off itâyou donât make it public and kill the arbitrage,ââ says Nadler, a fast-talking Canadian with dark ringlets flopping over his forehead.
In the coming months Nadler is likely to receive a few more of those calls. His new Cambridge, Mass. company, Kensho, cofounded with programmer Peter Kruskall, is out to do to financial analysis what Google GOOGL -1.38% did to search. That is, they want to put in the hands of the masses a level of expertise about financial markets that only a handful of the top hedge funds and banks use to make billions off of short-term market inefficiencies...........
http://www.forbes.com/sites/stevenb...o-bring-google-style-search-to-stock-picking/