Thursday, January 18, 2007

social stock picks



Here's an interview on Wallstrip from 1/18 with the founder of StockPickr, James Altucher. Interestingly he's short on Digg and long on blogs and blogging. Obviously he likes social networking and crowd sourcing since that's the basis for StockPickr. It will be interesting to watch the adoption rate of this type of services and others like it including Motley Fool Caps, BullPoo, and SocialPicks.

2 comments:

Anonymous said...

Hey Tim, thanks for the Motley Fool CAPS mention. :) As you well know, it seems like social stock picking sites are popping like Starbucks shops everywhere on the web. :)

I think there are 3 keys to building something that is valuable for investors in their stock research. First, the service must create a robust platform for sharing ideas--to some degree all of the sites you reference do this.

Second, the service must create a platform for reputation management--we must measure the performance of both professional analysts as well as the community at large.

And third, the service must aggregate the community intelligence to create valuable intellectual property. In an industry in which the breadth, depth, and even quality of professional coverage is declining, the opportunity here is significant.

At least, these are my 3 areas of focus for Motley Fool CAPS. Sites that are more "social portfolios for social portfolios sake" are likely to fizzle out like so many portfolio games have in the past. Sites all about tracking Wall Street pros and piggybacking on their ideas are somewhat 1 dimensional IMO. And even dangerous. If you're taking a backwards view of hedge fund holdings from SEC filings and such, you're likely to not adequately represent the current holdings of those funds--given the frequent trading of these managers. A lot of folks have lost a lot of money following the big guys in and out of stocks. That's why we prefer to track forward looking analyst calls than represent current fund holdings. I think GuruFocus does a great job of the latter though.

Best Regards,

jk

Anonymous said...

6 gallon bucket.
cleaning supplies coupons.
ada restroom.
quickie mops.
wood floor cleaners.
outdoor trash receptacles.
outdoor garbage cans.
wooden trash bin.
singleton marine group.
stamp dispenser.
bissell sweeper.
abm engineering.
recycle bins for home.
midamerica airport.
floor machine.
industrial vacuum systems.
armpit odor.
rubbermaid wheelbarrow.
the basement columbus.
5 gallon bucket with lid.
one piece toilets.
outdoor ashtrays.
finishing basement walls.
sewer pump.
envision monitor.
wet floor sign.
cheap toilets.
gutter supplies.
atv cart.
50 gallon drum.
causes of vaginal odor.
parking lot sweepers.
domestica.
hadrian toilet partitions.
garbage bins.
cleaning services houston.
basement flooring ideas.
water broom.
window cleaning services.
rubbermaid brute.
wooden treasure chest.
janitorial cleaning services.
wire brushes.
osha signs.
norwex catalog.

pull your banner ads until google does a better job