For everyone who believes in the efficiency of markets, here comes the chance to put your money where your mouth is, and vice versa. That is, the fund's portfolio will be based on the most consistent and accurate stock forecasts of the fund's shareholders, tempered by proprietary technology intended to augment the tools and methodologies traditionally used by fund managers. Scores are based on an investor's ability to consistently provide accurate stock price forecasts, and will factor in a security's risk. Non-investors can make forecasts and build up a score on the site's discussion boards, but their recommendations will not used in managing the fund.
Amateur investors are smart.
Portfolio management technology has advanced considerably, and a new breed of investment products is emerging. And, Collective intelligence, powered by the Internet, will transform the financial markets. In fact, even if you do forecast, but forecast poorly, luckily you still benefit from investing in this fund. That's because the fund is managed by the best information from a large, diverse pool of online investors, as opposed to a limited number of analysts. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.