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Tuesday
Feb092010

Google Wave for Investors, Traders and Algorithm Tinkerers

Google Wave is a real-time, multi-person collaboration tool. When I heard about it a few months ago, I wanted to get Google Wave badly. Unfortunately, you get Google Wave by invitation only. A month ago, a friend I met on Twitter (see broadcast station post), sent me an invitation.

Initially, I did not know what to do with the wave since most people I know are not on it. So I let it be for a few weeks. Deep down, I did not understand what the fuss was about. Then I decided to start surfing my own waves, which consist for now of tasks I want to perform. Then, suddenly, a few business friends appeared on my Wave contact panel, and we started surfing together and discussing business and stock research. Most of these discussions evolved from the task waves I initiated.

It is day one for Google Wave, but the usefulness of the tool for traders and investors is quite obvious. Think about the potential of using waves for stock research, fundraising for a startup investment fund, debating the accounting of companies, and the like. We are more intelligent traders and investors when we collaborate. Although missing many of my wish list features, Google Wave makes collaboration more fluid. It beats what is out there and it will only get better.

Start surfing today. I have fifteen Google Wave invitations I'll give to the first people who read this post. First come, first served. Send me an e-mail at biggercapital@gmail.com .

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