According to Wikipedia: ” If the whole procedure is done by human judgment or intuition, an investment process will be labeled as a “fundamental” one; and only if it is purely done by computer-based models, the process can be classified as “Quantitative”. There is also tradeoff between these two approaches, which they define it as a hybrid one if the money manager combines both ways.

The notion of Quants becomes important for our conversation about Big Data and Do Not Track, two of the more controversial practices that affect our Internet lives.

Please see this post which talks about Quants and Wall Street:

http://bit.ly/N6Ym5r

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