How can the Marketocracy website help you become a better investor? One way is to utilize the wealth of information found in our Clubs and Forums.
Only members with the best investing performance are allowed to post to our Forums. Every post shows the relative performance of the person posting. m100 members are indicated by an orange star, the top 100 in any category by a blue star, and current top quartile members by a green star. Here you'll find some of the most well thought-out advice from the best investors in the world.
These Forums are a vibrant medium for members to gather specific insight about a particular stock, industry or sector and investing in general. Each category has hundreds of sub-categories, from specifics about particular stocks to general investing principles to social topics. The members that have proven successful over time are those that are able to adapt and refine their investing techniques. By following discussions and posting questions to the best investors in the world, you will get specific advice on what works, and what doesn't. By following discussions and paying careful attention the advice that the best investors post, you will have the ability to refine and adapt your skills to become a better investor.
Although the Forums are similar to other message boards, the posts on Marketocracy's site are by members who have shown their success over a long period of time.
You can look at the performance of those that post by clicking on the member's screen-name for a detailed report on member's mutual fund/s. The report includes a huge amount of information about the fund's price history, the fund's positions by sector and style, returns versus the S&P 500 Index, fund rankings since the fund's inception, the fund's alpha and beta, turnover and a profile about the fund manager. You can check up on how the person has fared over time, so you know who you're getting advice from.
When you look up a stock, beneath the basic information and chart, the website generates a list of forums where the company has been mentioned. In addition, the website also shows you related stocks and Forums that discuss the particular industry. By going to these forums and looking at what the best investors have written about, you will be able to hone your investment decision-making skills.
Members of the site also have the ability to join clubs with members with similar interests. Clubs provide an excellent learning opportunity for those interested in learning more about a particular type of investing. Those that want to learn about Warren Buffet's principles for investing can join the Warren Buffet Fan's club. Or those that wish to develop an understanding of contrarian investing can join the "Contrarian Corner."
The goal of the Warren Buffet Club is to learn how to invest like Warren Buffet, and many members include m100 membersnot bad tutors. Asking about a particular stock in this forum will likely yield an enormous amount of information about how Buffet would approach the stock with regard to everything from current liabilities to assets to future possibilities for the company.
This environment of competition helps draw the best investors to the site, which is great for those that want to become better investors. Competition is often the best way to develop your skills, so creating a club with some co-workers or family members may inspire you to outdo your boss or even continue your sibling rivalry in a more adult arena.
By collaborating and bouncing your ideas off the best investors you'll prepare yourself to make better decisions. The Clubs and Forums allow you to interact with the best investors in the world, asking questions, joining clubs and using the website to its maximum potential is what will set you apart from other investors.