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Hedge Funds

A big crowd, but not much wisdom

For hedge funds, a strategy to analyse millions of tweets to generate profitable investment insight has proved elusive

A big crowd, but not much wisdom

With half a billion tweets posted every day, Twitter seemed like the perfect hunting ground for hedge fund managers looking for unique investment insight.

The idea: that smart machines could sift through the Twitter feed and identify shifts of mood, sending signals to trading engines before prices have had a chance to move.

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