Selling Data to Hedge Funds (2017)

Re:Selling Data to Hedge Funds (2017) by crb002 on Monday November 02, 2020 @04:37PM (#24973726)

Trying to get my credit union to allow users to opt in to sell bulk annon checking account transactions to a hedge fund. Having that much point of sale data would be huge.

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Re:Selling Data to Hedge Funds (2017) by ponker on Monday November 02, 2020 @06:09PM (#24974557)

uh no, please don't do that. Individual decisions that seem harmless can be incredibly destructive in the aggregate, and this is one of them.

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Re:Selling Data to Hedge Funds (2017) by tmoaad on Monday November 02, 2020 @10:22PM (#24975995)

For those that need an example, a great reminder is the target data mining story at https://www.forbes.com/sites/kashmirhill/2012/02/16/how-targ...

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Re:Selling Data to Hedge Funds (2017) by cbozeman on Monday November 02, 2020 @09:59PM (#24975902)

I'm not saying you're wrong, but I am curious what negative trends you believe will emerge from someone actioning this data.

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Re:Selling Data to Hedge Funds (2017) by computerphage on Monday November 02, 2020 @07:26PM (#24975039)

Would you mind elaborating on the sorts of harms you're thinking of?

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