Despite the involvement of media vets, including on the founding team and in its investor ranks, this is not a journalistic endeavor. Specifically, the “researchers” will not be speaking with sources inside of companies for the sake of discovering non-public information and then trading on such knowledge, because that would be a clear violation of securities regulations.
Instead, Hunterbrook researchers will need to rely on publicly available information, which likely means the new ranks will be stuffed full of open-source, big data journalists and individuals on the ground in geographies with relatively little traditional media coverage. Not sure if they’ll also employ AI, but would be stunned if they didn’t.
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One reason a story could publish without a trade is that the researcher uncovered non-public information (i.e., acted like a journalist).
Source: New hedge fund is hiring journalists to not do journalism
