or Paige Hendricks 800.776.9720 pkhendricks@phprinc.com
Marketocracy Masters featured in The Warren Buffetts Next Door,
a new book to be published by John Wiley & Sons and Forbes
Matthew Schifrin’s book analyzes performance, styles,
track records of outstanding individual investors
(San Mateo, California) --- Ken Kam, CEO of Marketocracy Inc., today announced that several of Marketocracy’s Masters are among the “Warren Buffetts Next Door” selected by Forbes vice president and investing editor Matthew Schifrin for his new book entitled The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard Of and What You Can Learn from Them. The book is being published by John Wiley & Sons and is scheduled for release next month.
“The fact that many of the investors Schifrin selected for this book were discovered by Marketocracy validates the power of a farm system for finding skilled investors,” said Mr. Kam. “The most compelling evidence of investment skill is found in an individual’s long-term track record. We’ve done the hard work of evaluating thousands of track records over the past 10 years to find the best of the best.”
Mr. Schifrin highlighted Mike Koza, Chris Rees, and Jack Weyland in the October 11 Forbes magazine issue that will hit newsstands Wednesday, September 29, 2010. Mr. Koza has been a member of Marketocracy Data Services LLC (MDS) since 2001, Mr. Rees since 2000, and Mr. Weyland since 2002.
On its website, Marketocracy features the track records and special profiles of several “Warren Buffetts Next Door” and many other Marketocracy Masters. Marketocracy offers a subscription to the general public at no charge so they can “follow” the Marketocracy Masters, review their track records, and get updates on their activities. To sign up, visit www.marketocracy.com.
Marketocracy Inc. was founded
by Ken Kam in 2000 to find the best investors in the world and hold
them accountable for results.
Its subsidiary
Marketocracy Data Services LLC operates a farm system for investors
much in the same
way that major league baseball teams have farm systems for baseball
players.
“Baseball teams require that players prove themselves first, before they take the field,” said Mr. Kam. “Similarly, we think investment professionals should have to prove themselves before they are allowed to manage other people’s money.”
Marketocracy Inc.’s wholly-owned subsidiary Marketocracy Capital Management LLC (MCM) is an SEC registered investment advisor that contracts with MDS to use the research generated by the Marketocracy Masters to manage mutual funds, hedge funds, and separately managed accounts for clients. MCM requires that all MCM Analysts first achieve the designation of Marketocracy Master, a vetting process that precedes use of their investment research and strategies on client accounts.
Marketocracy
has offices in California and Texas and is on the web at www.marketocracy.com.
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