Archive for the ‘Covestor’ Category

Social Investing Crosses the Pond

Monday, October 1st, 2007

Social investing has now crossed the pond. Les Echos – a leading French business publication – has just published an overview of social investing tools. The article entitled Investir 2.0: l’accès aux marches financiers se démocratise (Investing 2.0: access to financial market is opening up) features Cake Financials, Covestor, TradeKing, Vestopia, and Zecco, even ...

Social Investing and Market Psychology

Wednesday, September 26th, 2007

Some of this summer’s events provide interesting hints about the potential pitfalls of social investing. Market neutral hedge funds (e.g. Goldman Sachs Global Alpha fund was down 23% for the month of August) went down in flames when they tripped upon themselves trying to unwind highly levered bets in illiquid markets that had ...