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Nicholas Chan

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  1. Goldman Sachs12 min

    Investing Insights from Big Data

    Nicholas Chan, Nick, Liz

    Goldman Sachs utilizes machine learning and natural language processing to ingest unstructured alternative data, such as credit card transactions and geolocation metrics, for investment strategies that supplement traditional financial analysis. The firm specifically addresses pandemic-driven market volatility by constructing a quantitative "COVID basket" that evaluates revenue exposure, supply chains, and industry classifications to neutralize sector-specific risks. This approach leverages real-time indicators to forecast shifts in high-impact sectors like home improvement and digital entertainment while mitigating exposure in travel and leisure industries.