User:Jonathan Stokes/Why Zach and Jon are Starting ValueWiki

From ValueWiki

ValueWiki is built on the belief that wiki is the inevitable next step in investment research. People can pool research on Message boards, but the info is linear, disorganized, and often incorrect! The ValueWiki Mission is to provide information that is efficient, accurate, and unbiased, with civility among members and contributions by all!

There is a lot great information on sites like Yahoo finance and Google finance, but no central directory for all of these links. ValueWiki wants each article to become a one stop shop for all links and research for each stock.

We may be reaching the day when paid analysts become obsolete. Encyclopedia Brittainica's paid staff could only write 118,000 articles in 240 years. Wikipedia has written 1.5 million articles in 4 years! So Wiki seems to create a good model for collaborative research.

Zach and Jon set up ValueWiki so all factual information gets compiled on the article page, and all opinions & discussion happen on the discussion page. The discussion page can be used as a Message Board and also contains a chat room. Hopefully, users will discover this!

To work best, ValueWiki must reach a critical mass. You can help out by visiting our Project List to see which articles need to be written. And you can spread the word to your friends.

Welcome to ValueWiki! The community is looking forward to your contributions!

Jonathan Stokes 21:09, 21 October 2006 (PDT)