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goldorak


Total Posts: 1057
Joined: Nov 2004
 
Posted: 2019-02-15 10:04
Although I am not really surprised to hear this... I would still be interested in reading the article. Anybody with an access to Risk magazine could send me a copy by any chance?

big data


If you are not living on the edge you are taking up too much space.

Maggette


Total Posts: 1093
Joined: Jun 2007
 
Posted: 2019-02-15 10:19
Well, I am kind of knitpicking here...

"big data" is characterized by the four "V"s:
Volume
Velocity
Veracity
Variety

I think peoples abilty to handle the "Velocity" part is actually the reason HFT exists and is highly profitable.

Ich kam hierher und sah dich und deine Leute lächeln, und sagte mir: Maggette, scheiss auf den small talk, lass lieber deine Fäuste sprechen...

jslade


Total Posts: 1164
Joined: Feb 2007
 
Posted: 2019-02-15 15:35
I haven't read the article, but ... isn't Domeyard a couple of 25 year olds from MIT running the firm out of a garage? The fact that a team of 2 or 3 25 year olds can't find alphas in alternative data while running a complicated business doesn't surprise me at all.

I know for a fact that a lot of other people have found alphas in alternative data. I think that's all Teza does at this point (a company with 100x the headcount), and quite a few other firms too.

"Learning, n. The kind of ignorance distinguishing the studious."

pj


Total Posts: 3434
Joined: Jun 2004
 
Posted: 2019-02-15 17:25
Gentlemen,
you have been served

The older I grow, the more I distrust the familiar doctrine that age brings wisdom Henry L. Mencken

Maggette


Total Posts: 1093
Joined: Jun 2007
 
Posted: 2019-02-15 21:25
Thx for sharing!

To all others: I don't think you have to read it!

Ich kam hierher und sah dich und deine Leute lächeln, und sagte mir: Maggette, scheiss auf den small talk, lass lieber deine Fäuste sprechen...

prikolno


Total Posts: 40
Joined: Jul 2018
 
Posted: 2019-02-15 22:36
This is from the same panel, no paywall, less sensational headline, although the articles contradict on the quote attribution:

http://www.cayman.finance/2019/02/investment-summit-explores-data-globalization-machine-learning/

nikol


Total Posts: 629
Joined: Jun 2005
 
Posted: 2019-02-16 00:04
Reminded old joke:

- What do you call it when a blonde dyes her hair brunette?
- Artificial intelligence.

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