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. https://professional.dowjones.com/blog/ai-finance-selecting-best-alternative-data/
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SHARESHARESHARE
AI IN FINANCE: SELECTING THE BEST ALTERNATIVE DATA
Alternative data is information that investors use outside of the traditional sources that companies themselves provide, like financial reporting. It can include social media posts, satellite imagery — and news. For most people, news reports are a way to stay on top of current events. For a hedge fund, news can represent a critical subset of alternative data, that can give financial professionals an investment edge or help optimize asset allocation in a firm’s portfolio. READ MORE