Tuesday, October 20, 2009

Random Thoughts

The mutual fund industry is a $10 trillion industry that has seen no innovation for 25 years. The Internet has had no impact.

- Andy Rachleff
www.kaching.com

The concept is great — the ability to tap into not just the wisdom of the crowd, but to be able to identify and invest with the particular geniuses in the crowd that stand out.
- Marc Andreessen

So true!

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