Photo Credit: Raging Bull - Wall Street by Sylvain Leprovost

Photo Credit: Raging Bull – Wall Street by Sylvain Leprovost

Launched this week, a new app named Robinhood, provides crowdsourced financial advice to help novices invest in the stock market. The app, which combines social investing with a “gestures-heavy” mobile design, allows you to view advice provided by others. Two Stanford grads, Vlad Tenev and Baiju Bhatt, developed the app believing that “crowds perform better in the stock market than even the most skilled individual.” The Feed feature allows you to utilize a global feed, or just get recommendations from friends. You can agree, disagree and ask contributors why a specific rating was given. Robinhood makes it easy to determine which users you can trust. “Robinhood tracks everyone’s stock price predictions against real-world performance and lays them out on each user’s profile.” For the full article written by TechCrunch’s Josh Constine, click here.

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