From a trader’s point of view, there is one commodity that is worth infinitesimally more than any other. And it’s not cutting-edge technology, advanced technical analysis, or profound macroeconomic insight – although these are undoubtedly hugely valuable – it’s information.Not just any information – after all, the world is filled with more information than even the most powerful computers could hope […]
QuickWire: 3 Universities Join to Make Big Data More UsefulNovember 12, 2013, 5:06 pmBy Lawrence BiemillerNew York University is teaming up with the University of California at Berkeley and the University of Washington on a five-year effort to help researchers take advantage of ever-increasing amounts of information by improving both data management and data analysis. The project, slated to cost […]
The author offers two arguments in support of the case. The first is mutual fund flows. Net inflows into U.S. stocks funds are stronger than at any time since 2004, at $76 billion for the year to date. This contrasts with $451 billion in net outflows over the previous seven years. The second argument is anecdotal. It consists of quotes from […]
Chapel Hill, NC – A new collaboration called the National Consortium for Data Science (NCDS) aims to make North Carolina a national hub for data-intensive business and data science research and education, a move that will help develop a national strategy to ensure U.S. leadership in the data-driven global economy.The consortium, launched at RENCI, the Renaissance Computing Institute at the […]
