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.