The real money was in hedge funds using this data to beat the market. People got... | Hacker News

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wildekek on July 14, 2023 | parent | context | favorite | on: Avast Scandal: Why We Stopped Recommending Avast a...

The real money was in hedge funds using this data to beat the market. People got filthy rich this way.

esafak on July 14, 2023 [–]

Was this covered in the news?

berkle4455 on July 15, 2023 | [–]

Joseph Cox at Vice covered it fairly extensively. Hedge funds are still doing it today, just with different data vendors.

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