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EquitySplash.com is Using Crowd-Sourcing to "Take on Wall Street"

article Crowdfunding, Distributed Knowledge
Summary A new startup claims that crowd-sourcing can beat Wall Street. Cool idea, but would you put money on it?
Description The big question is, does the wisdom of the crowd pick better stocks than a mutual fund manager? Mutual funds historically don’t beat the S&P 500, but can EquitySplash do any better? Critics will be doubtful, but it’s certainly a creative alternative to Wall Street that will be attractive to the growing number of people disenfranchised with the investment fund industry.

Tags: Crowdfunding, investing, mutual funds, stock market
Cristina Caine Posted by Cristina Caine
Nov 03, 2010 02:55 pm GMT Viewed 4419 times
Author: Brom Rector Source
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