"Like IBM understanding that the mainframe terminal is a PC-to-be; innovating Caps 8
Donner was getting angry about bloggers that are plugging investmentletters. I understand Donner and the pluggers but think the real problem lies elsewhere. The Motley Fool underestimates Caps hugely.
I repost here my answer to Donner.
1. I think that it is a very good sign that people are beginning to advertise their "wares" on caps in this way. It shows that there is a growing awareness of Caps as an interesting "marketplace" for investing-related-information. MF should encourage that.
1.1 I have said before and a year on still think that MF completely underestimates what they have created with Caps. A Caps will in future be i believe the environment of choice for all investors and all investing.
1.1.2 Compared to Caps the newsletters of MF (and the boards)are -how shall I put this kindly- sooo yesterday ..grin
2. Of course, the way those investmentletters are doing this now is annoying and clogs the blogs. But that is because MF has not yet created the possibility for them to do it in another way.Why not create the possibility for all and every letter that wants to come in to do so? I would like to see not twenty but twentythousandinvestement letters here. Wouldnt you?
3. Yes, the blog system could be much better. Categories, selftagging, the possibility to create threads that keep materials together within a blog, the possibility to link threads from different blogs to create (the archive of) a debate, much deeper editorial activities that make the best blogging material available to all, an effort to invite better bloggers in.
4. But again that would mean MF understanding the possibilities of Caps and acting accordingly. This is like IBM understanding that the mainframe terminal is a PC-to-be. Not impossible, but difficult. I have high hopes though ...grin.. there has from the beginning been a maverick streak inside MF ..some lateral..grin..foolish thinking going on.. so i still think it is possible they see the chance and grab it!