Social Media Relies Too Much on Emotion for Investment Use

omkhar-arasaratnam-td-bank
Omkhar Arasaratnam, TD Bank

Only 19 percent of respondents said they use social media inform their trading decisions (an additional 34 percent said they were looking into it, or were skeptical but hadn't ruled it out). Over half cited data visualization tools as the most impactful way to use social media.

A senior portfolio manager at the Canada Pension Plan Investment Board (CPPIB), a huge pension fund, said that social media data is most useful if thought of as a part of the grander big data monolith. As long as it's qua

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