Marketocracy
Encyclopedia
Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services. Marketocracy has recruited over 70,000 people to manage over 100,000 model portfolios at marketocracy.com that compete to become the best investors. For over 9 years they have tracked, analyzed, and evaluated their virtual trading activity and have accumulated a massive database; following over 10,000 stock positions at any one time and more than four million trades.

Marketocracy was mentioned in the book Wikinomics
Wikinomics
Wikinomics: How Mass Collaboration Changes Everything is a book by Don Tapscott and Anthony D. Williams, first published in December 2006. It explores how some companies in the early 21st century have used mass collaboration and open-source technology, such as wikis, to be successful...

: How Mass Collaboration Changes Everything (ISBN 1591841933) The book explores how some companies in the early 21st century have used mass collaboration (also called peer production) and open-source technology such as wikis to be successful.

Marketocracy Data Services

Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. Virtual fund performance is tracked in real-time and follow all SEC rules mutual fund managers must adhere to. The best performing virtual funds based on long term performance are used as the basis for the Marketocracy Masters 100 fund (ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...

: MOFQX) Marketocracy has signed research contracts with about 500 users. These users make up the talent pool from which the m100 team is comprised.

Marketocracy Master100 fund (MOFQX)

As of July 2009, the fund maintains a two-star Morningstar rating
Morningstar, Inc.
Morningstar, Inc. is an independent investment research company based in Chicago, Illinois, USA.-Businesses:Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for...

  As of this same date, the fund has about $18 million in assets under management. Despite 2009's significant year-to-date outperformance for the fund, the below average rating from morningstar reflects underperformance from 2008 and 2004.

mFOLIOS

mFOLIOs are professionally managed portfolios that give the public access to the best at Marketocracy through a managed account at FOLIOfn
FOLIOfn
FOLIOfn, Inc. is a brokerage and investment company serving investors, financial advisors, and financial institutions around the world. FOLIOfn offers its brokerage services on both a full-service basis and a technology-licensed basis...

. As of July, 2009, the company has placed eleven Marketocracy members under contract to be mFOLIO Masters so the public can use their model portfolios to create mFOLIOs.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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