"Covestor" Tracking Added

I don't usually read the Wall Street Journal cover-to-cover, but had several wi-fi-less hours to kill on the way back from FOO Camp earlier this week (always a tremendous experience, though Larry Page arriving by helicopter was a bit surreal). Had I been in more of a hurry, I might not have otherwise spotted an article mentioning a new website called Covestor, which lets you track the (audited) trades of other investors.

I'll continue to update my holdings here, but you can now also monitor my holdings as tracked by covestor (see the sidebar on the main page of this blog). What I'm most excited about is that covestor plans to offer the ability set up automated "following" of another member's stocks if you like their style (hint hint). More details on the covestor site.

I'm especially impressed with covestor's savvy in offering easy-to-use blog widgets -- such tools are a big part of the success of many social networking sites (of which covestor is really just a variant -- a financial Facebook).

Note that I just created the covestor account a few days ago, and they don't do retroactive performance, so the data's rather sparse right now. That will of course improve with time.