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Author: TMFWizard Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8118  
Subject: Re: Wall Street Journal today, page D2. Date: 10/3/2006 9:28 AM
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The Wall Street Journal article was syndicated to MoneyWeb.

Motley Fool Site To Evaluate Gamut Of Stock-Pickers

by Jane J. Kim, Wall Street Journal
Posted: Tue, 03 Oct 2006 07:29

Investors often turn to brokers, friends or family members for stock tips. But the perennial problem of relying on one person's opinion is that his or her advice could be biased, expensive or just plain wrong.

The Motley Fool, an investment and financial advisory services firm in Alexandria, Va., is expected to formally launch today a free online stock-research service dubbed CAPS (caps.fool.com) that will evaluate the effectiveness of thousands of stock pickers from the big Wall Street brokerages to individual investors. The service draws on the opinions of more than 7,600 investors who have provided ratings on more than 1,300 stocks. The service also tracks the performance of big brokerage firms, research boutiques and well-known stock pickers, such as James Cramer, former fund manager and a founder of TheStreet.com.


full article - http://www.moneyweb.co.za/shares/international_news/235908.htm

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