CrowdThnk Blog

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Undying & Unquenchable Thirst for Information

“The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.”  -Paul Tudor Jones

 

This quote from one of the most legendary trading professionals of our time speaks to the importance of continuously gaining more information in order to have a unique edge on the competition.  Some of the best investors in the business are constantly scouring the world for more information knowledge that undoubtedly increases their understanding of the markets and world.  Many of these are never satisfied with the abundance of data and information they possess, always seeking out new sources of information, whether that’s from contacts, networks, technology or undefined avenues. Fortunately, Big Data has recently filled a void that has historically been absent in many trader’s arsenals of information.  On the cutting edge of technology within the investment world, Big Data possesses the ability to calculate and process vast reams of information in the form of structured and unstructured data sets. With CrowdThnk, you’ll be able to uncover a new, innovative treasure trove of information by revealing other investor’s positioning scores, helping one identify overcrowded trades that could potentially create a market imbalance, leading to wild swings in price.  Oftentimes, these massive price movements are directly attributable to disparities in the number of buyers versus sellers frequently due to unexpected news or catalyst events.  Fortunately, these variations in price swings can be anticipated by unearthing what positions are unevenly balanced within the market. CrowdThnk helps the savvy investors take action to stay ahead of the curve and understand the finer dynamics of market positioning with precise accuracy.  Our proprietary positioning algorithm, incorporating advanced techniques from crowdsourcing, Big Data and Machine Learning, gives our customers an unique insight through CrowdThnk Positioning Scores©, aligning with more traditional methods of sussing out positioning metrics such as asking a forum or consortium of investors for their highest-weighted positions. While this technique allows an investor to gain a perspective of what a closed group of people may be investing in, it can be liable to statistical sampling techniques and biases, not to mention a statistically insignificant sample size.  CrowdThnk’s revolutionary approach towards quantifying this once-abstract and opaque yet market-moving factor will surely change the way you approach markets!  So join Paul Tudor Jones’ mantra for success by satisfying your indefatigable, undying and unquenchable thirst for information and knowledge with CrowdThnk!