Openfolio brings the principles and power of social networks – openness, connectivity, collective intelligence – to the world of personal investing.
How it all started
They were working on Wall Street when they hatched the idea for Openfolio. They noticed how the open culture of our trading desks, where people freely shared ideas and insights, helped everyone succeed. But they also quickly realized that there was no platform, or scalable solution, to replicate that powerful experience in the real world – even though so much untapped wisdom resides in everyones extended networks.
We wondered: isn’t sharing information about investing at least as important as sharing information on Foursquare… or Tripadvisor… or Spotify?
That experience inspired the creation of Openfolio. Its a new, open approach to investing, based on the simple idea that people will share their portfolios, in percentage terms, within their networks. Openfolio is a place where investors share insights and ideas, and watch how others put them into action. We all learn from each other’s successes (and mistakes).