It has also enhanced the communication ability between an adviser and his client. The problem that I see is that it is not how much information is available, but what you do with that information. There is one exception. Raging Bull is an example. You have to be real careful and can't believe everything you read there.
People have their own agendas, and they're going to be promoting ideas for their own benefit.
Raging Bull is an investors' chat community where you can log in and put in a symbol and it brings you into a room filled with people who also own a particular stock that you have. If you go in there and look properly and take enough time, you can actually get some good information, but you have to wade through a lot of bad information. Well, for instance, they may pull up financials on a particular company, but because they don't know how to read those financials, they may make an improper investment decision, based on their own perception of that financial information. We tend to be well diversified, but we do have several clients that would prefer to take larger positions in fewer securities. However, it does increase the risk of your portfolio.