Yahooting!: Life And Death On An Internet Stock Chat Board
Product Description
The internet boom gave birth to a world where technology and easy money were the subject of most conversations. Nowhere was this more evident than the communities that formed around fiery online discussion groups hosted by web sites like Yahoo!. Though the boom ended, these online communities remain active and can still be a valuable source of investment information. However, you have to be able to sort the good information from the bad.
Yahooting! Life and Death on an Internet Stock Chat Board by Alan L. McCann takes you inside these discussion groups to show you how to get the full benefit of the information that can be found there:
· How these groups work · Why they are fun, captivating, and frustrating, often at the same time · How to understand what the discussions are about · How to identify people’s motivations so you can understand their biases · How to use the information to make more informed investment decisions.
Using the real life Yahoo! chat board for a typical boom/bust public company, Ravisent Technologies Inc., this book will help you get an inside seat in these communities so you can make better investments.
Yahooting!: Life And Death On An Internet Stock Chat Board
May 23rd, 2010 at 9:51 pm
Before you even think of wandering into an Internet chatroom or message board looking for stock advice, read this book. It will help you interpret what is going on, understanding people’s motivations and discovering the bits of truly useful information that may be out there.
This is far more than just an investment guidebook, however. It takes you through the real-life misadventures of a dot.com company, weaving a tale too tragic to be invented.
Stranger than fiction, for sure, but wasn’t most of the dot.com boom?
Rating: 5 / 5
May 23rd, 2010 at 11:19 pm
I didn’t know what to expect when I first saw this book. In fact, I thought it might be aimed too much at the newbie investor.
However, I was pleasantly surprised in that it helped me round out my understanding of not only how to determine the useful from the merely entertaining in the chat rooms but also what went wrong with so many companies during the dot bust era.
I won’t spoil the surprise at the end but it caught me off guard and also rounded out the story quite well.
My only complaints were that I hoped the author would have given a bit more inside information about what was going on at the company and that it was shorter than I hoped. I read it fairly quickly and it left me wanting more – perhaps there’s a sequel in the works ;-)
Rating: 5 / 5