Collective Money Management

Jimmy Guterman (O'Reilly Media, Inc. ), Ken Kam (Marketocracy), Steven A. Carpenter (Cake Financial), Weiting Liu (SocialPicks), Richard 'Rikki' Tahta (Covestor), Michiel de Boer (Zecco)
Location: Starlight Roof

The stock market has long been seen as the antithesis of sharing. There is only so much money to be made, so why would you tell anyone else your good ideas? It is, to that way of thinking, a zero-sum game.

How, then, do we explain the rise of a host of new web-based services predicated on sharing information about trades and stocks? Are they wrong? Is the market? We’ll talk about it with representatives from some of the hottest social stock-picking sites out there, and we’ll try to figure what, if anything, there is for professional investors to learn about the future.

Jimmy Guterman

O'Reilly Media, Inc.

Jimmy Guterman is editorial director of O’Reilly’s Radar group and the editor of O’Reilly’s Release 2.0. He has been editor in chief of Forrester, Gaming Industry News, CD Review, and has written or edited for more than 100 newspapers, newsletters, or magazines. Jimmy first contributed to an O’Reilly project in 1993 (long live GNN). He lives in Massachusetts and has been president of The Vineyard Group since 1996.

Photo of Ken Kam

Ken Kam

Marketocracy

Ken Kam is the CEO and founder of Marketocracy, Inc. and Marketocracy Capital Management LLC. Marketocracy Capital Management is the registered investment advisory firm that manages the Masters 100 Fund (MOFQX).
Ken founded Marketocracy to recruit a large team of portfolio managers with expertise and a passion for investing. His mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. Marketocracy has recruited over 80,000 people to manage over 65,000 model portfolios at www.marketocracy.com that compete to become the best investors.

The Masters 100 Fund combines the experience and expertise of portfolio manager Ken Kam with a unique and powerful research tool: the m100 Index, which is made up of the current ideas of the best performing virtual funds at Marketocracy. These virtual portfolios have been tracked using the same criteria as professional mutual fund managers and are the very best among the virtual funds on the site.

Prior to Marketocracy, Ken was the co-founder and CEO of Firsthand Funds and the co-portfolio manager of the Firsthand Technology Value Fund which was ranked as the #1 fund of all mutual funds in the country for the 5 year period ending September, 1999.

Ken has over 20 years of investment experience and holds a B.S. degree in Finance from Santa Clara University and an M.B.A. from Stanford University.

Photo of Steven A. Carpenter

Steven A. Carpenter

Cake Financial

Steven has pioneered and managed Internet-based consumer services for more than 10 years. Prior to founding Cake Financial in April of 2006, Steven served as the senior director for strategy and business operations for the $100 million Digital Music Division at RealNetworks, where he managed the day-to-day operations for Rhapsody, the leading music subscription product, as well as the digital download, and advertising-based businesses. Prior to RealNetworks, Steven was the director of business development at financial services startup myCFO, founded by Jim Clark and backed by Kleiner Perkins. Among his accomplishments at myCFO, he executed the $100 million-plus partnership with CSFB. Steven graduated cum laude with Highest Thesis Honors from Tufts University and received his MBA from Harvard Business School (HBS), where he wrote RealNetworks: Rhapsody, which was published by HBS Publishing. Steven continues to be a guest lecturer at HBS.

Photo of Weiting Liu

Weiting Liu

SocialPicks

Weiting is the co-founder of SocialPicks, a Silicon-Valley based startup changing the way stock investors discuss and share ideas on the Web. Weiting has a MS in MS&E Finance from Stanford University and a BS in Computer Engineering from the University of British Columbia, and previously held several technical and product roles at silicon valley startups.

SocialPicks recently announced a partnership with Reuters for its Stock Buzz social network product. SocialPicks is backed by Bay Partners, Y Combinator, and prominent silicon valley angels, including the founders of social networks such as Bebo and HotorNot.

Photo of Richard 'Rikki' Tahta

Richard 'Rikki' Tahta

Covestor

Rikki Tahta has held a number of senior roles in Finance and Information Services. Previous start-ups include ARK Information (acquired by Thomson Financial), WebTrack (acquired by Jupiter Communications – later public on NASDAQ), Steelhead Systems (acquired by Merrill Lynch) and Bookpages (acquired by Amazon.com). Other positions include Chase Capital Partners (private equity) and Thomson Financial (Securities Data Corporation). Rikki lives in New York and loves fishing.

Photo of Michiel de Boer

Michiel de Boer

Zecco

Michiel de Boer, PhD, is director of product development at Zecco.com, the online trading and investment community. He has extensive experience with new business development and entrepreneurial processes at both established and start-up firms. During the first digital wave in the 1990s, he conducted his doctoral research at the Erasmus University, Rotterdam into the impact of multimedia on the publishing industry. During the turbulent times of digitalization impacting the photo imaging industry, he was managing director at the Technotape Group, a multi-national supplier to this industry. In between, he has acted as consultant with Gemini Consulting as well as independently to a wide variety of industries and companies dealing with strategic change.

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  • Capital IQ
  • Connotate
  • Gerson Lehrman Group (GLG)
  • Good Morning Research
  • Kapow Technologies
  • Majestic Research
  • PredictWallStreet
  • Thomson Financial
  • TradeKing
  • Yahoo! Finance
  • yoonew
  • Zecco Holdings, Inc.

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