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Seriously, did you read the description? It's just an "other people who like x, also like y" system, which I happen to think is pretty awesome. If anyone takes
by alch- 11y ago
Seriously, did you read the description? It's just an "other people who like x, also like y" system, which I happen to think is pretty awesome. If anyone takes this site as investment advice, well, duh, don't. It isn't, and that's okay.
- tacos 11y agoSeriously, have you ever had any recommendation engine produce useful information? Netflix can't do it for movies, Apple can't do it for Music, Twitter can't do it for information, and LinkedIn can't do for people or companies. Taking this repeatedly-failed concept from consumer nonsense and applying it to financial products is just idiotic. Moreover, it's OLD data. It's annoying enough when I buy a four pack of 9V batteries for my smoke detectors and Amazon tells me that other people bought C cells and Tickle Me Elmo. Gee thanks! But this site is the equivalent of buying a winter jacket and having Amazon tell me that other people are buying swimsuits. Bad site, bad idea -- and as, usual -- pandering, platitude financial advice at the top of a HN comments thread in a thread about real issues that affect real people. Yahoo Finance had "related companies" 15 years ago and it's equally useful. Why does this site even exist? To get karma points? To get bought by some C-list online investment company to help them sell their unethical products? Real hedge funds (and even casual nerd investors) have stuff that makes this look like the child's toy that it is. And every financial site has moved into "managed portfolios" for a reason. Fidelity, Schwab -- even Vanguard. Or you could use this random blue site and hope their Ruby scripts didn't choke scraping the SEC website. Your money, your choice I guess.