Apparently
we're all news junkies – and that's a hard thing to avoid, especially on the
Internet. So how do we deal with all the information coming at us? That
was the theme of this Money:Tech session featuring Randall Winn (Capital IQ),
Robert Passarella (Bear Stearns), Kevin Pomplun (SkyGrid), and Renny Monaghan
(Salesforce.com).
In a lot of ways, the sources of good information have not changed – we still
use the Wall Street Journal, the Financial Times, and CNBC. But there's a
lot of new sources of information that have emerged in the past couple of years
that still needs a bit of sorting out. So how do we as individual
investors access all this new information, extract meaning, and use it to our
advantage?
- Human
and computer-powered tagging of information online allows us to find more
meaningful information more easily.
- News
and discussions need to be placed in context – for example, alongside
company quote information or a snapshot of quantitative community data
showing who's holding and trading various stocks.
- Individuals
can't always select the right sources by themselves, and rely on machines,
editors, and collective intelligence to help them.
- Data
(news, analytics, and sentiment) needs to be made available in a
standardized format like XML or XBRL so that services like iGoogle, news
readers, or Zecco for that matter, can aggregate the information into a
single place.
- Community
contributions need to be combined with topic-specific authority rankings.
People who are great bloggers about cats don't necessarily provide
insightful commentary about the financial markets.
At Zecco, we're always looking for ways to take content generated both within
our community and on the Internet as a whole and present it for users in new
ways. We'll be taking some of the lessons from this session as we bring
all the information available on the web and presenting it back to you in
sections like ZeccoShare, Quotes & Research, and Education.
Which
presentation/display ideas do you guys have? Please leave us a comment.