As someone who is a trend follower, Twitter’s influence on the markets interests me immensely.
If you’ve been watching the business news over the last 6 months, you might have seen that hedge funds tracking trends on Twitter are the new hot thing. So hot in fact, that a recently filed hedge fund doubled the expected offering size (now $100 million) and is still having to turn away money.
You might hear your Advisor chirping about twimilar products at your local brokerage branches soon. (and that’s my quota for word mashups today)
Here’s a catchy little Bloomberg ad on the development (ht: Zack Miller)
Twitter Hedge Fund Delays Launch Citing Demand – HedgeFund.net