Comments on: Can Real-Time Search Help Hedge Funds? http://thenoisychannel.com/2009/06/25/can-real-time-search-help-hedge-funds/ Mon, 21 May 2012 05:21:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: dinesh vadhia http://thenoisychannel.com/2009/06/25/can-real-time-search-help-hedge-funds/comment-page-1/#comment-3924 dinesh vadhia Sat, 27 Jun 2009 01:23:08 +0000 http://thenoisychannel.com/?p=2259#comment-3924 You guys are absolutely right that the noise to signal ratio is high for Twitter and I suspect for all the real-time search players. The sad truth is that, like many people's obsession with the minutest details of celebrities lives, noise rules. Dinesh You guys are absolutely right that the noise to signal ratio is high for Twitter and I suspect for all the real-time search players. The sad truth is that, like many people’s obsession with the minutest details of celebrities lives, noise rules.

Dinesh

]]> By: Daniel Tunkelang http://thenoisychannel.com/2009/06/25/can-real-time-search-help-hedge-funds/comment-page-1/#comment-3908 Daniel Tunkelang Thu, 25 Jun 2009 15:45:02 +0000 http://thenoisychannel.com/?p=2259#comment-3908 Panos, I love the comment on that post that "the ONLY thing anyone is interested in is High Frequency Trading - regardless of your personal returns or anything else". Sounds a lot like the obsession with real-time search in the blogosphere. I suppose the good news is that people are so similar across disciplines. Oh wait, that's also the bad news. Panos, I love the comment on that post that “the ONLY thing anyone is interested in is High Frequency Trading – regardless of your personal returns or anything else”. Sounds a lot like the obsession with real-time search in the blogosphere. I suppose the good news is that people are so similar across disciplines. Oh wait, that’s also the bad news.

]]> By: Panos Ipeirotis http://thenoisychannel.com/2009/06/25/can-real-time-search-help-hedge-funds/comment-page-1/#comment-3907 Panos Ipeirotis Thu, 25 Jun 2009 15:40:51 +0000 http://thenoisychannel.com/?p=2259#comment-3907 Twitter has too much noise to be a reliable early signal. By the time the signal becomes clear (ie many people mention the same story) the story is breaking news for the major wires. The following quote is pretty revealing of the speed required by the high frequency traders: http://www.elitetrader.com/vb/showthread.php?threadid=161595 I was speaking at Reuters last week, and they mentioned to me that they were breaking their news flows into optimized sixty byte packets for their arms race-oriented clients, because that was the fastest way through network. (Anything smaller gets queued by some network algorithms, so sixty bytes seems to be the magic number). Twitter has too much noise to be a reliable early signal. By the time the signal becomes clear (ie many people mention the same story) the story is breaking news for the major wires.

The following quote is pretty revealing of the speed required by the high frequency traders:

http://www.elitetrader.com/vb/showthread.php?threadid=161595

I was speaking at Reuters last week, and they mentioned to me that they were breaking their news flows into optimized sixty byte packets for their arms race-oriented clients, because that was the fastest way through network. (Anything smaller gets queued by some network algorithms, so sixty bytes seems to be the magic number).

]]> By: jeremy http://thenoisychannel.com/2009/06/25/can-real-time-search-help-hedge-funds/comment-page-1/#comment-3906 jeremy Thu, 25 Jun 2009 14:45:14 +0000 http://thenoisychannel.com/?p=2259#comment-3906 And if real-time search really is that valuable, wouldn't there be incredible incentive for Twitter to delay the feed -- the search across that feed I mean -- by 15 minutes, and use that knowledge themselves, first? And if real-time search really is that valuable, wouldn’t there be incredible incentive for Twitter to delay the feed — the search across that feed I mean — by 15 minutes, and use that knowledge themselves, first?

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