Does Goldman Sachs investment into this startup prove that contextual search is next evolution of quant analysis in algorithmic trading?
This startup is getting a lot of attention but the CEO says:
“Wall Street historically was constrained to playing in the 20 per cent of data that move markets,” Daniel Nadler, chief executive of Kensho, was quoted as saying. Conducting a quantitative analysis of markets without seeing the other 80 percent of the data is like ““trying to see the world with not only one eye covered, but one eye covered and the other eye half-closed.”
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