Barry Gitarts is a web3 engineer at Status - building secure communication tools with blockchain technology. He began building tools to track, test and help implement portfolio allocation decisions on behalf of a trading and research desk inside an investment bank supporting a group of hedge funds and institutional money managers. Specifically, they were tracking about 3500 external equity analysts
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and the changes in their earnings and revenues estimates in real time. This is where he learned about the market moving impact of these estimates and the fundamental reasons for why they work.
