Wall Street meets Web 2.0 in a place called social investing, where "average" investors share their stock picks and pans. The concept is not new, but several new sites are vying for investors' attention as social networking moves beyond the realm of teenagers and college students.
VC investor Howard Lindzon is an avid investor in the space, and is an early-stage investor in Covestor, which bills itself as "a portfolio sharing service for proven self-investors and for those wishing to track them."
In the accompanying video, Lindzon explains why he thinks Covestor is superior to competitors like Cake Financial and industry pioneer Marketocracy.