This hedge fund wants to profit off your tweets

Fortune – Hedge fund managers are looking in an unlikely place for stock tips: your Twitter feed.

Tashtego, a hedge fund firm based in Boston, is setting up a Social Equities Fund, which will based its investment decisions on consumer sentiments from social media. It will rely on algorithms and is looking to raise around $1 billion, according to Bloomberg.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply