If you invest in the US markets or plan to invest in the US market, then check out CAPS at fool.com. CAPS is a community driven service when investors like yourself can rate stocks in the market. What fool.com does it they then aggregate the score of stock picks, with the best stock rising to the top. Besides investors rating the stocks, these investors themselves are being rated.
So if you think stock in company ABC will go up, and you turn out to be correct, then your ranking and accuracy goes up. If you are wrong, then your rating goes down. Over time, the best and most accurate stock pickers will rise to the top.
The idea behind this is most stock commentary or suggestion comes from one or a handful of stock analyst. If you have thousand of investors picking stocks, then chances are you’ll get the best of the best. Who knows if there is another hidden Buffet out there.
Related Articles:
