Why the Fool is Still the Best Forum Around and Dimes for Charity!
January 06, 2011
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Recently there has been a lot of mumbling and grumbling around Fooldom regarding the perceived deterioration of The Motley Fool and Caps.
I certainly agree that they are essentially asleep at the wheel when it comes to spam (I know I know you’re “working on it”). It does get tiresome to continually see multiple times/day and it distracts from the site. Some players have even gone so far as to leave Caps/TMF in protest and I can understand their frustration.
Another issue that has been raised many times is that the Caps ranking system is flawed and people can too easily “game the system”. I agree; Caps falls short on many levels, especially when trying to determine the “best stock picker”.
With all that being said, TMF/Caps is still the best platform around imo. Sure they have some serious flaws that need to be updated and/or fixed but it still is the most valuable source of information for me personally, and I thank them for that.
There is a tremendous wealth of knowledge around the Fool, from people of various backgrounds and specialties, who all come together to share their thoughts in the hopes of making us all better investors. Seriously, what else could you desire?
Sure, there are some garbage players out there and others who probably couldn’t tell you which way is up when it comes to stock picking. However, there are a lot of true gems out there if you take the time to sift through the trash and find them. Numerous players each with their own niche that is willing and hoping to share their ideas and thoughts. This is what makes Caps beautiful. A mish mash of ideas all in one forum where you can pick and choose what you deem the very best and apply them accordingly in your own unique way.
There are countless Fools that I respect and seek out their opinions. Some because I agree with their rational and logic more often than not, others simply because I know their bias and like to see what they are thinking so I can do the opposite ;) Either way, I like having the differing opinions around.
The point being, TMF/Caps even with all its flaws, is still a great place and we all should remember that the next time we feel like giving them the finger (grrr!) in frustration.
Would you rather hang with the Trolls on the Yahoo message boards, gross!
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On a happier note, let’s drop some comments in the name of charity Fools.
Every comment is pure happiness for the Thurgood Marshall Academy, so get to it!
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