Global Conference 2011
How Social Media Is Changing the World of Investing
Wednesday, May 4, 2011 / 9:30 am - 10:45 am
Social media and mobile technologies have completely reinvented the way we communicate - including the way we communicate about investing. Investors are increasingly looking beyond the traditional sources of financial news and turning to blogs, Twitter, Facebook and each other for ideas, stock tips and real-time information on stocks, bonds, ETFs and other investment vehicles. The exchange of financial information at this level and speed is unprecedented, and it is generating increased concern among advisors and regulatory bodies such as FINRA. This panel will examine the impact social media is having on individual investors. Is the democratization of financial information a positive development for Main Street, or is it dangerous? Is the community intelligence that comes out of social networking valuable, or does it lead to groupthink and, ultimately, bad investment decisions?