the ONLY Investment Website That Has Long-Term Performance Data on Its Members
Gathering of the Best Investors in the World - m100 Annual Meeting to be held October 5-7th at Marketocracy headquarters
SAN MATEO, CA, October 2, 2007 Marketocracy Data Services LLC, an investment research firm that has pioneered social networking for the investment industry and has the most extensive farm system of investment talent in the world, announced today the annual gathering of the m100 - the company’s top model portfolio managers at the company’s headquarters in San Mateo, CA to be held October 5th-7th.
“We are first and foremost an investment company using a social network to do research – not a social network trying to be an investment company,” said Ken Kam, Founder and CEO of Marketocracy, Inc. and Chief Investment Officer for Marketocracy Capital Management LLC. “Social networks can be good for finding a friend but if you want to find a great investor, there is no substitute for a long-term track record. Investing talent is rare and I want to see a long-term track record before I’m willing to invest my money or our clients’ money.”
Marketocracy has built an army of tens of thousands of investing fanatics that trade stocks at www.marketocracy.com - the most realistic stock market simulation in the world. For over 7 years, Marketocracy has tracked their trading activity, evaluated their stock picking and trading performance, and identified their investing strengths and weaknesses.
The m100 are the top 100 selected based on long-term track records that demonstrate superior investment skill and the likelihood that they will deliver short-term performance. The Marketocracy m100 trading represents the “wisdom of the best,” explained Mark Taguchi, President of Marketocracy Data Services. “We have found that the best investors beat the market by knowing when to go against the crowd. That’s why the trading data generated from the m100 is used by professional investment managers to help drive the trading of their funds and managed accounts.”
Marketocracy Data Services, LLC is an investment research company whose mission is to develop the most extensive farm system of investment talent, to refine a team investment process, and to generate actionable research. Its website - www.marketocracy.com - is home to over 80,000 people from 130 countries that manage 100,000 model stock portfolios. The company’s affiliate, Marketocracy Capital Management, LLC, uses the research generated by Marketocracy Research and manages mutual funds, hedge funds, and separately managed accounts.