Wednesday, March 25, 2009
Twitter as a Daytrading Analyst
If you were to observe hedge fund portfolio managers at work, you'd notice that they interact frequently with one or more analysts and assistants. The role of the analysts is to help generate ideas for trading and investment. For example, a single portfolio manager specializing in equities might work with a number of analysts, each of whom is devoted to a particular sector. The analysts scour financial statements, talk with brokers, visit companies, and read everything they can about companies in order to generate recommendations for buying or selling. It is then up to the portfolio manager to figure out how (and whether) to incorporate that recommendation in the portfolio, when precisely to buy and sell it, when to scale into and out of the position, etc. Very often, the analysts will generate research reports that summarize their recommendations and make the case for why the idea should be expressed in the portfolio...
TraderFeed: Twitter as a Daytrading Analyst
TraderFeed: Twitter as a Daytrading Analyst