CAPS

No, I’m not talking about the drinking game, I’m talking about Motley Fool’s relatively new stock picking game called CAPS. The tagline for the program is “Investors helping investors beat the market.” If you haven’t tried it yet, you’re missing out. It is a very cooperative idea and is very Web2.0ish. No analysts telling you their upgrades and downgrades, just real people using their investment techniques and sharing them with everyone. It of course has blogging, so everyone can share what they are doing and why, and you can “pitch” each stock you pick.

Doug True mentioned CU Pick 24 back in October, which is a type of stock picking game for CU’s to use. I love the idea of CU Pick 24, but when a company like the Motley Fool releases products like this, CU Pick will have a hard time standing up on its own. Maybe CAPS needs some type of team functionality added to it, maybe CU Pick can hold its own because the credit unions using it would be able to have their own contests.

Either way, go check out CAPS. It rocks.

And in the spirit of sharing, here’s my CAPS page with profile, picks, etc.