Comments on: As Broadridge and 2nd generation social investor networks roll out, openness a key issue http://newrulesofinvesting.com/2009/05/12/as-broadridge-and-2nd-generation-social-investor-networks-roll-out-openness-a-key-issue/ where investment businesses grow Tue, 07 Feb 2012 02:21:00 +0000 hourly 1 http://wordpress.org/?v=3.1 By: As Broadridge and 2nd generation social investor networks roll out … | TypicalAd.com http://newrulesofinvesting.com/2009/05/12/as-broadridge-and-2nd-generation-social-investor-networks-roll-out-openness-a-key-issue/comment-page-1/#comment-312 As Broadridge and 2nd generation social investor networks roll out … | TypicalAd.com Sat, 16 May 2009 09:39:15 +0000 http://newrulesofinvesting.com/?p=1156#comment-312 [...] Go here to read the rest: As Broadridge and 2nd generation social investor networks roll out … [...] [...] Go here to read the rest: As Broadridge and 2nd generation social investor networks roll out … [...]

]]> By: Zack Miller http://newrulesofinvesting.com/2009/05/12/as-broadridge-and-2nd-generation-social-investor-networks-roll-out-openness-a-key-issue/comment-page-1/#comment-311 Zack Miller Thu, 14 May 2009 06:42:58 +0000 http://newrulesofinvesting.com/?p=1156#comment-311 Great comments, George. Thanks so much for your input. Agree with all your points -- networks do want to be free and your solution to the problem makes total sense. But for AGORACOM -- I don't believe that that solution would ever work for a broker/dealer who wants to offer some networking/research tools to their account holders. Maybe that's the rub -- B/Ds are the wrong source of these types of platforms. Given their position in the value chain and the regulatory scrutiny they receive, it's best left to AGORACOM or StockTwits to provide this unfettered yet responsibly-policed Petri Dish of research. Great comments, George. Thanks so much for your input.
Agree with all your points — networks do want to be free and your solution to the problem makes total sense. But for AGORACOM — I don’t believe that that solution would ever work for a broker/dealer who wants to offer some networking/research tools to their account holders. Maybe that’s the rub — B/Ds are the wrong source of these types of platforms. Given their position in the value chain and the regulatory scrutiny they receive, it’s best left to AGORACOM or StockTwits to provide this unfettered yet responsibly-policed Petri Dish of research.

]]> By: Tradestreaming http://newrulesofinvesting.com/2009/05/12/as-broadridge-and-2nd-generation-social-investor-networks-roll-out-openness-a-key-issue/comment-page-1/#comment-1258 Tradestreaming Thu, 14 May 2009 06:42:00 +0000 http://newrulesofinvesting.com/?p=1156#comment-1258 Great comments, George. Thanks so much for your input. Agree with all your points -- networks do want to be free and your solution to the problem makes total sense. But for AGORACOM -- I don't believe that that solution would ever work for a broker/dealer who wants to offer some networking/research tools to their account holders. Maybe that's the rub -- B/Ds are the wrong source of these types of platforms. Given their position in the value chain and the regulatory scrutiny they receive, it's best left to AGORACOM or StockTwits to provide this unfettered yet responsibly-policed Petri Dish of research. Great comments, George. Thanks so much for your input.
Agree with all your points — networks do want to be free and your solution to the problem makes total sense. But for AGORACOM — I don’t believe that that solution would ever work for a broker/dealer who wants to offer some networking/research tools to their account holders. Maybe that’s the rub — B/Ds are the wrong source of these types of platforms. Given their position in the value chain and the regulatory scrutiny they receive, it’s best left to AGORACOM or StockTwits to provide this unfettered yet responsibly-policed Petri Dish of research.

]]> By: AGORACOM - George http://newrulesofinvesting.com/2009/05/12/as-broadridge-and-2nd-generation-social-investor-networks-roll-out-openness-a-key-issue/comment-page-1/#comment-310 AGORACOM - George Tue, 12 May 2009 14:19:42 +0000 http://newrulesofinvesting.com/?p=1156#comment-310 Zack, great post as usual. As the founder of the largest online investor relations community, I can tell you that verifying the identify of somebody has little to do with the quality of an electronic shareholder forum. In fact, it significantly degrades the quality of a forum for two reasons. First, actual investors may be nervous about participating for fears of looking "stupid" and somebody knowing who they actually are. Second, it prevents prospective investors in the due diligence phase from participating. The factor that differentiates a great investor relations forum from Yahoo Finance is enforcement of rules of conduct. Yahoo Finance is a disaster due to spam, profanity, pumping, dumping, etc. Yes, you can clean that up by forcing participants to identify themselves but you lose too many legitimate investors that do not wish to do so. AGORACOM has achieved its incredible success by listing 6 specific rules of conduct, enforcing them and even empowering members to enforce them via a reputation system. Result? Maximum participation and minimum noise. Once you take away the spam, profanity and nonsense, the only people that stick around are those truly interested in the company. Conclusion - The Broadridge solution may give some companies comfort but it will never develop into a truly effective communications tool. As you said, social networks want to be free. As long as they are free of clutter, they'll flourish. Regards, George Zack, great post as usual. As the founder of the largest online investor relations community, I can tell you that verifying the identify of somebody has little to do with the quality of an electronic shareholder forum.

In fact, it significantly degrades the quality of a forum for two reasons. First, actual investors may be nervous about participating for fears of looking “stupid” and somebody knowing who they actually are.

Second, it prevents prospective investors in the due diligence phase from participating.

The factor that differentiates a great investor relations forum from Yahoo Finance is enforcement of rules of conduct. Yahoo Finance is a disaster due to spam, profanity, pumping, dumping, etc.

Yes, you can clean that up by forcing participants to identify themselves but you lose too many legitimate investors that do not wish to do so.

AGORACOM has achieved its incredible success by listing 6 specific rules of conduct, enforcing them and even empowering members to enforce them via a reputation system.

Result? Maximum participation and minimum noise. Once you take away the spam, profanity and nonsense, the only people that stick around are those truly interested in the company.

Conclusion – The Broadridge solution may give some companies comfort but it will never develop into a truly effective communications tool.

As you said, social networks want to be free. As long as they are free of clutter, they’ll flourish.

Regards,
George

]]> By: AGORACOM - George http://newrulesofinvesting.com/2009/05/12/as-broadridge-and-2nd-generation-social-investor-networks-roll-out-openness-a-key-issue/comment-page-1/#comment-1257 AGORACOM - George Tue, 12 May 2009 14:19:00 +0000 http://newrulesofinvesting.com/?p=1156#comment-1257 Zack, great post as usual. As the founder of the largest online investor relations community, I can tell you that verifying the identify of somebody has little to do with the quality of an electronic shareholder forum. In fact, it significantly degrades the quality of a forum for two reasons. First, actual investors may be nervous about participating for fears of looking "stupid" and somebody knowing who they actually are. Second, it prevents prospective investors in the due diligence phase from participating. The factor that differentiates a great investor relations forum from Yahoo Finance is enforcement of rules of conduct. Yahoo Finance is a disaster due to spam, profanity, pumping, dumping, etc. Yes, you can clean that up by forcing participants to identify themselves but you lose too many legitimate investors that do not wish to do so. AGORACOM has achieved its incredible success by listing 6 specific rules of conduct, enforcing them and even empowering members to enforce them via a reputation system. Result? Maximum participation and minimum noise. Once you take away the spam, profanity and nonsense, the only people that stick around are those truly interested in the company. Conclusion - The Broadridge solution may give some companies comfort but it will never develop into a truly effective communications tool. As you said, social networks want to be free. As long as they are free of clutter, they'll flourish. Regards, George Zack, great post as usual. As the founder of the largest online investor relations community, I can tell you that verifying the identify of somebody has little to do with the quality of an electronic shareholder forum.

In fact, it significantly degrades the quality of a forum for two reasons. First, actual investors may be nervous about participating for fears of looking “stupid” and somebody knowing who they actually are.

Second, it prevents prospective investors in the due diligence phase from participating.

The factor that differentiates a great investor relations forum from Yahoo Finance is enforcement of rules of conduct. Yahoo Finance is a disaster due to spam, profanity, pumping, dumping, etc.

Yes, you can clean that up by forcing participants to identify themselves but you lose too many legitimate investors that do not wish to do so.

AGORACOM has achieved its incredible success by listing 6 specific rules of conduct, enforcing them and even empowering members to enforce them via a reputation system.

Result? Maximum participation and minimum noise. Once you take away the spam, profanity and nonsense, the only people that stick around are those truly interested in the company.

Conclusion – The Broadridge solution may give some companies comfort but it will never develop into a truly effective communications tool.

As you said, social networks want to be free. As long as they are free of clutter, they’ll flourish.

Regards,
George

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