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Quants – pick your alt data wisely, says Goldman MD
Investors must balance risk of false signals versus missing out on alpha, says Matthew Rothman
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The ratio between the width and height of a hedge fund manager’s face has shown to be linked to their performance. But would you pick managers based on it? Probably not.
That was a question posed by Matthew Rothman, a managing director at Goldman Sachs, a quant tasked with selling Goldman Sachs’ internal data.
Speaking on a panel at the Quandl data conference in New York on January 23, Rothman talked about the dilemma facing quants in finance as they weed through the deluge of alternative data
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