On this episode, Derek interviews Commonstock CEO David McDonough to talk about their new social media platform catered specifically to traders. They go over the growing influence of retail investors, how Commonstock helps avoid fraudulent traders and the overall market of today. Then Johnny and Derek discuss how they are using Commonstock and their differing views on the retail investor/trader strategies.
David McDonough is the founder and CEO of Commonstock. His mission is to empower retail investors by providing a community of high-quality, education-focused, and verified investor content.
David was bitten by the investing bug shortly after graduating from Trinity College. He joined an investment club and threw himself into nightly economics and finance classes. He quickly realized how important high quality analysis and market savvy were to his success and saw how closely industry professionals guarded their knowledge. Frustrated by the insular nature of the industry, David made it his mission to open up the world of verified financial information to everyone.
His passion for the intersection of finance, technology, and community has taken him from investment roles at Greenspring Associates, to technology roles Google, and, now, to founding and leading Commonstock.
You can follow CEO David McDonough on Commonstock @McD
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