This is interesting ... Roboinvest:
(Bolding in quote is mine)Roboinvest is a social investing platform that allows anyone to “look over the shoulder” of top investors in real time.
With web, iPhone and Android apps, Roboinvest allows top investors called ‘leaders’ to accept followers who pay to see what they are investing in. This is an entirely new financial data stream being made available in an easy, convenient delivery method.
Referred to by CNNMoney as a ‘broadcast-your-trades’ system, Roboinvest increases the odds of investing successfully by getting to see what the ‘gurus’ are investing in.
I'm trying to keep an open mind ... but I can't see how this will not end in tears for hapless 'followers'.
But, maybe I'm wrong.