What is ‘big data’?Data is everywhere. It affects what you eat and how you drive; it powers our towns and shapes our economy. And one day it may help keep you alive.And as computers have got more powerful and sophisticated, we can now combine huge amounts of data together to generate even deeper insights about the world around us.Welcome to […]
It’s been a while since I’ve seen a portfolio manager confess to using technical analysis. Well, not using that word.
Picking stocks because of their price movements fell into academic disfavor in the 1960s, when mainframe computers gave professors the ability to collect and crunch large data sets. The University of Chicago’s Gene Fama showed that past stock prices had […]
Here is my mini list of critical education skills for the 21st Century:-Fluency in English, one European language AND Mandarin(the last language will enable you to write your own ticket internationally with any Mega Global Conglomerate)-BA in a STEM Field-Expertise in Statistics and Familiarity with Scientific Literature-Know the difference between healthy skepticism of an internet article and naivity.-Ability to Mine […]
“BOLLOCKS”, says a Cambridge professor. “Hubris,” write researchers at Harvard. “Big data is bullshit,” proclaims Obama’s reelection chief number-cruncher. A few years ago almost no one had heard of “big data”. Today it’s hard to avoid—and as a result, the digerati love to condemn it. Wired, Time, Harvard Business Review and other publications are falling over themselves to dance on […]
The information is vast, the challenges daunting, and the tools statistical. But in the end, Harvard’s new class on big data is as much about people as it is about methodology.The 29 students in “Statistics 183, Learning from Big Data,” work in teams that shift every few weeks, tackling challenges that involve enormous data sets. The students brainstorm and learn […]
SummaryA recent academic study, highlighted in today’s WSJ, validates that crowd-sourced research is predictive of future stock prices.
SA articles and comments were predictive of future stock prices and earnings surprises over all time-frames studied, from one month to three years.
Traditional media, sell-side research, and […]
Academic researchers and corporate managers often seek experts or collaborators in a particular field to enhance their knowledge or maximize the talents of their workforce. Harnessing that data, however, can be a challenge. Researchers at Penn State’s College of Information Sciences and Technology (IST) and the Department of Computer Science and Engineering (CSE) have devised recommendation systems for expert and […]
Agile and Lean techniques seem to be the best way we currently know to create complex software in the face of risk, uncertainty, and changing requirements. Agile hinges on embracing and adapting to change by enabling rapid feedback cycles and evolutionary development. However, bringing agility into big data (and small data) analytics has been a challenge for many, very bright […]
Immensity with which the social networks are growing is unprecedented in its own way. Facebook consists of roughly 1 billion users, twitter has 500 million users, LinkedIn has over 225 million users, Pinterest has more than 10 million users, Instagram uploads 5 millions images everyday and Google+ receives 5 billion +1’s daily.This is not enough, there are Asian networking sites […]
Do you need accurate sentiment for social media listening? ■Crisis Management■Market Research■Reputation Management■Social Media Marketingby Mike Moran – Aug 27, 2012
Photo credit: Wikipedia
Most of you know that I serve as Chief Strategist at […]
