About a year ago I blogged about a study that claimed to show that the mood on Twitter can predict stock market moves. Well, it turns out that someone has started a hedge fund using this approach.
I was very skeptical about the original study and I remain skeptical about whether a hedge fund can make money in the long term using this method. So far they have been going for a month and beaten the market. As they say "one swallow does not a summer make"
HT: One of my MBA students - Damian.