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Podcast: MoneyShow MoneyMasters Podcast
Episode: Chris Camillo: When "Dumb Money" is Smart – Social Arbitrage and Spotting Trends a BIT Ahead of Wall Street
Description: Chris Camillo is founder of DumbMoney.TV. An individual investor who quit his “day job” years ago to focus on markets, Chris explains in this segment how he and his co-hosts use “Social Arbitrage” to prosper. The general idea? Use social media platforms and community-based input, discussion groups, and “boots on the ground” insights to identify important trends just a few steps ahead of Wall Street. Then invest in the companies which are best positioned to capitalize on them. In Chris’ words, “The best observational investors are just ordinary people.”We then pivot to a discussion of how the social media l...