Predictive algorithms are powerful but require exceptional quality data and unbiased development. Inspired by JPMorgan's strategy, my generalized "Fortress Data Sheet" approach involves:
- Prioritizing raw data by investing in processing power and reliable sources.
- Refining data into insights for accurate predictions.
- Using insights to deliver targeted value to investors and the company.
- Employing data evaluators to remove bias and validate findings.
The goal is establishing a steady data supply and a team to refine it into trustworthy insights. Investment will be required for execution.
Here's the strategy visualized:
