Collective Investment Wisdom
The new type of Web services and user generated content Web sites, often called Web 2.0 type of sites, are commonly built around user's contribution in the form of text or multimedia. Many new Web services focus on niches of various types such as high tech, fashion, gadgets, media and finally yet importantly trading and investing.
The idea of making the collective knowledge of groups of people accessible and searchable is exciting. The Web is a collection of knowledge always has and always will be. The Web has experienced phenomenon growth. Volume of information available is making it difficult for Web users to identify and collect useful information.
The method of collecting and sharing knowledge with social networks and folksonomy is relatively new. For many Web users this new method is making collective information more accessible and more useful. We recently found a new Web service for investors and traders based on the folksonomy and social bookmarking idea.
Are you feeling bullish or bearish?
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