2008/12/19

A pretty interesting blog post on kaChing and the overall social investing sites

http://www.drama20show.com/2008/12/16/kaching-there-goes-your-money-here-come-the-lawsuits-if-the-sec-doesnt-shut-them-down-first/

The author's objectively is questionable in his article. Nevertheless, a very interesting article presenting the other side of the story.

Due diligence is needed in any case, and it's worth to wait and see if this kind of "out-sourcing" will ever happen between average retail investors.

1 comment:

chrispycrunch said...

i did not see this. Even if actual money trading does not take place, the site is building on research content, and virtual holdings. this information could even be invaluable for "real" PMs who invest billions of dollars worth. Chris