The holy grail has been found

Discussion in 'Wall St. News' started by rightsized, May 14, 2014.

  1. 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. “They were like ‘You betrayed the brotherhood! If you discover it, you trade off it–you don’t make it public and kill the arbitrage,’” 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/
     
  2. very corny article...lol ...
     
  3. Sergio77

    Sergio77

    LOL! Geeks think the solution tot he problem is the cloud!
     
  4. Sounds like a WolframAlpha for stocks.

    Corny article? What's corny about it?
     
  5. gmst

    gmst

    interesting!!!
     
  6. sheda

    sheda

    I like how they want to put the level of expertise and knowledge only seen in top money managers into the hands of the masses, so they sell the product to...top money managers...

    That aside love this.
     
  7. its way beyond wolfram alpha--- the result of this technology SOON will be completely flat markets. years and years of flat markets-- way worse the than 1970's.
     
  8. Interesting story.
     
  9. sheda

    sheda

    Why so?

     

  10. Once the code is cracked, markets will go flat due to arbitrage. just wait and see.
     
    #10     May 16, 2014