★ “Twitter Hedge Fund Is Making More Money Than You”

Gawker:

All you investors with your crazy research and economic “theories”: You should just be reading Twitter! Derwent Capital, a hedge fund that bases its investment strategy on Twitter data, outperformed the market in its first month.

Wait. We’re just now doing this in 2011? I’ve been tracking Twitter data since 2008. I use Twitter to track the amount of flu cases in Vegas and car buying trends and the best day to go to the Santa Monica pier based on tweets with geo-data. We’re just now using this for stocks? How behind the times are you guys?


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