Covestor and VesTopia: Winners and Losers from Peer to Peer Investing [View article]
Hi Guy, great to virtually meet you
TOTALLY agree with you about how this world is changing. Its a $18 trillion dollar industry that is amazingly opaque. 10 years ago the fund management industry enjoyed scale economies - better access to information, better tools and better pricing. Thanks to REG FD, tools that brokers like E*Trade provide and new commission free accounts like Zecco, the playing field has been leveled. In fact its de-scaled as there are 50,000 investable equities worldwide and there are strategies a $5m portfolio can do that that $500m portfolio can't.
It's great you're out to prove the same and I really look forward to us both giving the fat-cats in their panelled rooms in Boston and Zurich a run for their money.
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Hi Guy, great to virtually meet you
Jun 05 13:30 pm
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All Comments by Rikki »Covestor and VesTopia: Winners and Losers from Peer to Peer Investing [View article]
TOTALLY agree with you about how this world is changing. Its a $18 trillion dollar industry that is amazingly opaque. 10 years ago the fund management industry enjoyed scale economies - better access to information, better tools and better pricing. Thanks to REG FD, tools that brokers like E*Trade provide and new commission free accounts like Zecco, the playing field has been leveled. In fact its de-scaled as there are 50,000 investable equities worldwide and there are strategies a $5m portfolio can do that that $500m portfolio can't.
It's great you're out to prove the same and I really look forward to us both giving the fat-cats in their panelled rooms in Boston and Zurich a run for their money.
Cheers Rikki