In the popular imagination, fed by movies like Arbitrage and the lionization of hedge fund titans, the stock market is often associated with great wealth and glamour. In reality, most of the folks trying to make a living from the market lead far less alluring lives.
The Beat, a project from the Rutgers Social Media Information Lab mashes up geolocated and hashtagged Instagram photos with the Google Street View locations where they were shot. Here’s a representative sample of the homes from which Instagrammers who tag images ‘#stocks’ do their thing. It seems that the overlap between early adopters of mobile imaging apps and market-driven wealth is not so great… or maybe these folks are just frugal:
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion.
Mick is a graduate of the University of Michigan, Ann Arbor.
- Profiles2013.10.08Mean-reversion and market timing can indeed work – Terry Steffen
- Best of the Web2013.06.13A very long term chart of major asset classes
- Global macro2013.06.10The real ‘great rotation’ is into U.S. assets – Richard Bernstein
- Best of the Web2013.06.03Victor Niederhoffer after he lost everything in the 1997 Asian Crisis