CuteFund is a mutual fund and a game:
Well, right now, it’s actually just a game — until they get licensed, CuteFund can’t take your money. But here’s the pitch anyway: you invest your money in CuteFund, where users like you vote on stocks, saying whether you think they’ll beat the standard S&P 500. You can say how long you think your forecast is good for, and change your opinion at any time.
Why is this interesting, you ask? Well, it’s a whole wisdom–of–the–crowds sort of thing. I certainly don’t know anything about the stock market, but I do think there’s some merit to idea of crowdsourcing stock forecasts. If the stock market is jumpy and somewhat irrational, well, so are people. If CuteFund can get a large enough audience, this crazy idea just might work.
Check out the creator at @korobeinik, but note that he’s a bit quiet. Poke him around a bit and let him know you think CuteFund is interesting.
