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ares623today at 10:32 AM2 repliesview on HN

It must be quite valuable data. One anecdote I heard/read somewhere was that firms often use satellite imagery of parking lots (over time, as one measure among others) to gauge how popular a place is. I don't know if it's true or not.


Replies

noir_lordtoday at 11:21 AM

It's true and they go a lot further hunting signals that people without their resources simply can't.

https://www.financial-news.co.uk/how-hedge-funds-are-using-s...

https://edition.cnn.com/2019/07/10/investing/hedge-fund-dron...

They have the resources to spend (to them) a small amount to confirm/check a play before they make it, it's been a thing since commercial satellite imaging became a thing.

Hell the (somewhat terrible but somehow enjoyable) TV show Billions had it as a plot point years ago.

drbscltoday at 11:34 AM

Similarly, I listened to a talk from someone who used to perform analysis of aerial images of farmland to estimate yields at harvest, which would then be used to trade in the futures market.