Wall Street Data Goldrush | VPRO Documentary

Investing is popular. But the endless data streams we all generate have changed the dynamics of the stock market. Who benefits the most from this?

The stock market should be a level playing field: everyone has the same information. But unnoticed, terabytes of data have entered the stock market. Smart companies dive into the mountain of data that is collected about us, in order to be able to see Apple's sales or Netflix's number of subscribers before the rest of the market does. VPRO Documentary dives into the world of 'alternative data' to see who is winning on the stock market, and who is not.

Because of the corona crisis and the low interest rates on savings accounts, large groups of new private investors poured into the stock market in recent years. In the hope of higher returns, and sometimes as pure entertainment.

Whereas previously investors had to wait for annual reports, analyst reports, quarterly figures and press releases published by companies, the use of infinite amounts of data from other sources is proving very lucrative for large investors. This 'alternative data' turns out to be a good way of predicting whether certain prices will go up or down.

Original air date: September, 11 2021

Director: Martijn Kieft
Research: William de Bruijn
Production: Jeroen Beumer
Camera: Jackó van 't Hof
Montage: Michiel Hazebroek
Animation: Julia Veldman
Final editing: Doke Romeijn and Geert Rozinga

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[aninda]

This documentary deserves more likes and views!

[otimjoshua]

Watched this documentary about a year ago when I was learning how to trade currency. Abandoned that dream, started learning Python and other computer utilities. Currency doing an online data course .... the only logical next step is ML or something. Thanks VPRO 🎉🎉.. your documentaries showed an East African that data is beautiful because data is everything and everything is beautiful.🚀🚀(to the moon🐾)

[trueriches]

Thankyou so much for non-conditioned education for all ages and walks of people! I've learned more from documentaries than from my school / teachers and textbooks! Keep up with your good works!

[miltononyango]

AMAZING TEAM VPRO...men lie women lie ...data never lie

[robinabernathy]

Sometimes it isn't about having more data. One way to gain an advantage (easier said than done by the way) is how you interpret the data that's readily available. If you have a unique way of interpreting data than you might be able to see things or predict things at a higher level than someone else can who has access to tons of data. It's like that scene from the movie "limitless" where the main character gets dismissed as using pattern recognition as his secret to success. The main character than replies "not everyone understands the patterns". It's like that. It's also a way that the little guy can compete if he/she is serious enough.

[stebarg]

Selling shovels to gold diggers was always a good business.

[robinabernathy]

Data may never lie, but it can mislead.

[godglobalobservationdevice]

Love the way the camera is zooming on random people catching them by surprise and capturing their expressions

[propgnd]

You guys knock out the park with docs like this.

[averythompkins]

JESUS loves you so much and may you receive HIS Comfort and feel HIS love, and just know that the darker our situation the lighter HE shines, if you believe in HIM and turn from your sins, you will be saved, if you have not.

[andgnd]

Very interessting subject, but this problem has always been present via insider knowledge.
The new techs certainly allow faster reactions, but on a long term basis it should not be influential

[luyombojonathan]

Everything is data !!! Welcome to the 21st century !!! Great work vpro

[dertythegrower]

What they do not tell you is a lot of the data is not correct data. On top of that, people are purposely sending Ai random requests to confuse the profiles and make them get filled with garbled searches of random terms all day long.

[uooby]

how busy is that first dude that he is doing the interview in the shower...

[LesssThanAverageJoe]

Wish I'd seen this documentary 2 years ago.

[nameonline]

37:00 anyone have an id for the music that starts here?

[ray-mc-l]

47:00 It would be very difficult and expensive to alter social media/review data etc to manipulate stock prices. A surge in positive reviews or tweets from new accounts wouldn't look natural. And anyone with the skill to do this would have an easier time making money by finding a genuine edge in the market. Also, hedge funds and other institutional investors are probably already aware that this data can't be fully trusted anyway.

[overcastfriday]

Whether he realizes it or not, his company is enabling quants to invest in the spirit of Rennaissance Tech.

[christiandepietro]

The value is in what you do with the data, how you process the data and not simply using data

[tadiwabryanmusere]

Retail traders need to seek knowledge or continue donating to the markets.