AlphaClone helps investors do their homework
AlphaClone, a web site that tracks investments made by prominent hedge funds and money managers, launched today to give other investors the insight they need to make good decisions of their own. Armed with the information found on the site, users should be able to virtually replicate the holdings of more than 230 high-profile funds — and then track their performance against a retinue of indexes and simulations.
For example, as a user, you can see… Continue Reading
Marketocracy lets you place money with the best
Mutual funds are surprisingly dysfunctional, and yet you rely on them for your retirement.
Marketocracy, a six-year-old start-up in San Mateo, may have just brought some sanity to the process.
First, some context: U.S. investors have $4 trillion wrapped up in equity mutual funds, but our decisions about which funds to invest in are almost always made on the fund’s past performance, or vague guesstimate about how it will do in the future — which is… Continue Reading