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Release Date:   July 31, 2006
Marketocracy launches Ken Kam’s Best Ideas Blog
     
   

Follow the Moves of one of the World’s Top Portfolio Managers

SAN MATEO, CA - July 31, 2006 - Marketocracy, Inc. announced today the launch of a new fee-based service, Ken Kam’s Best Ideas Blog (http://research.marketocracy.com ) inviting individual investors to follow along as one of the country’s top portfolio managers trades the stocks in his Best Ideas model portfolio. These are stocks that can double over the next couple of years and have been discovered and researched through Marketocracy’s unique team investment process that spans globally across 80,000 members from 130 countries.

“Tens of thousands of people have used our website’s powerful investing tools to become better investors,” described Ken Kam, founder and CEO of Marketocracy, Inc. and portfolio manager for Marketocracy Capital Management, LLC, an investment advisor managing mutual and hedge funds. “My Best Ideas Blog will provide even better guidance and help individuals overcome many common mistakes that keep them from being great investors.”

Most investment advisors tout long lists of stock picks, but leave the more important decisions up to the individual investor: when to buy, when to sell, and how much?

“I am taking it several steps further for investors,” explained, Kam. “When I decide to buy or sell a stock in my Best Ideas model portfolio I will post all the details in my Blog before I make the trade. You’ll see my winners and my losers. I will explain what I like about a stock and when something significant happens, I’ll give you my take.”

“Ken founded Firsthand Funds, where he was co-portfolio manager of the number one ranked fund in the country,” explained Mark Taguchi, President of Marketocracy Research. “Then he expanded the concept of firsthand experience across all sectors and industries with Marketocracy’s team investment approach,” added Taguchi. “Ken has a lot of practical wisdom on managing a portfolio that can empower individual investors to regain control of their own investments.”

“I recommend looking for stocks that can double over the next 2-3 years,” explained Kam. “Otherwise, it isn’t worth the effort to do the research and the risk of making the investment. But not every stock will become a double so you need to diversify by building a portfolio of stocks that are not dependent upon the same factors. That’s what I call a best ideas portfolio,” described, Kam.

Best Ideas will be a unique addition to an already active Marketocracy website that is home to over 80,000 people who manage 100,000 model portfolios. In addition to Ken’s blog journal, subscribers can track the trades and performance of individual stocks in the Best Ideas model portfolio as well as the overall portfolio performance in a way that can easily be compared to any stock index or mutual fund.

A 1-year subscription currently costs $180, for a limited time only, and includes periodic research alerts and Marketocracy’s popular monthly newsletter, Marketscope. Later this year, Marketocracy plans to raise the subscription fee to $500. During the launch of this new service, investors can sign-up for a free trial through the end of September.

Marketocracy is headquartered in San Mateo, California. For more information, please visit www.marketocracy.com or write info@marketocracy.com.

     
left curve  About Marketocracy Inc. right curve
   

Marketocracy, Inc. has established an innovative portfolio manager selection and replacement process based on merit and has created a system to provide a realistic and level "playing field" upon which anyone can compete. For more than 3 years, Marketocracy has been tracking the virtual trading activity of over 50,000 people, representing every state and 75 countries, managing 60,000 model stock portfolios. Each month Marketocracy selects the top 100 model portfolio managers to be the m100. The company's subsidiary, Marketocracy Capital Management is the investment advisor for the Marketocracy family of mutual funds (MOFQX and TPFQX) and uses the research generated by its affiliate, Marketocracy Data Services. Marketocracy is headquartered inLos Altos,California. For more information, please visit www.marketocracy.com.

Marketocracy, the Marketocracy logo and m100 are trade or service marks of Marketocracy, Inc. All other trade or service marks are the properties of their respective owners.

     
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For more information about Marketocracy, please email:
press@marketocracy.com
or call:
Mark Taguchi
Chief Marketing Officer
888 881 6442 x86

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