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by takeiteasyy 1945 days ago
This is a fun idea, it would let anyone be a hedge fund manager. List the managers own money invested, other's money invested, commision rate, associated social media accounts, "risk"/diversification metrics, proportional and absolute gains/losses since inception (for what it's worth). Personally I would still keep the majority of my investments in an index fund, but for a particular kind of person I can see the social aspect is very engaging.
1 comments

I could see this going terribly wrong with the cult of personality that people are able to cultivate organically being so massive compared to the past.

As I'm typing this out though I realize that there's no difference between individuals wielding that type of influence over people, and the existing power structures who are doing the exact same thing for their own benefit right now.