We are so excited to share with you what our team has been busy building over the past few months. Say hello to Swarm!
Swarm lets you automatically share your investment activity and trades with the people you trust — your family, close friends, coworkers, and others.
Why? Because we deeply believe transparently sharing and discussing with others our investment strategies makes us all smarter investors.
We created Swarm to give the average investor (like us!) a real shot at making money in the stock and crypto markets. There are 50M+ active mom and pop investors in the US alone, and that number is growing fast thanks to zero-commission brokerages like Robinhood.
Sure, there are a ton of research and investment analysis tools out there, but if you’re like us, you are overwhelmed by all of the information and don’t know who to trust or what to believe. Even worse, many of you are trying to navigate this complex maze all by yourselves — risking your money!
There’s a better way.
We know humans learn best from other humans — we’re social species! What is missing in the investment landscape is the ability for us to talk to people we trust transparently about what investments we are making, and use collective intelligence to make smarter decisions.
Collective intelligence is a real phenomenon. One study of 700+ participants concluded that groups with as little as three members significantly outperformed their best individual.
Groups perform better than individuals
These results are particularly applicable when groups work on intellectual tasks, where all group members understand underlying concepts and align on objectives, where there is sufficient information to determine superior strategies, and where discussion and learning generates value…like investing!
Many of you are having these discussions with your groups every day using your text messages or posting on Facebook, Reddit, and Twitter — Swarm is built to simplify those interactions and create one space for these conversations.
How does Swarm work?
Swarm is a simple and elegant service. Just link your brokerage and create your Swarm (your private group with only the people you trust) and we will do the hard work. We automatically share your investment transactions with your Swarm. The sharing goes both ways — you’ll also see the trades others in your Swarm are making! Start discussing your trades and learn from others you trust. Even better, if you love someone else’s investment, you can copy the trade in your own brokerage.
We only share with your private Swarm what you are trading — we never share how much money you are investing. We also take security and privacy of your data seriously. We connect to your brokerages using Plaid, an industry leader servicing thousands of clients, to ensure your data is protected. We also use industry standard 256-bit encryption to power our service.
This is just the start. Our vision is bigger.
We are working hard to launch Pro Swarms where you can learn from and copy professional investors by subscribing to their trading activity. We will also launch Swarm Autopilot where you can automatically copy your favorite Pro Swarms. Sign up on our website to stay informed of our latest developments.
Great things happen when groups of individuals come together. Welcome to a smarter way of investing. We hope you love Swarm!
©Swarm Investing, Inc. 2020
Disclosures: This article reflect the opinions of only the authors who are associated persons of Swarm Investing, Inc. They are meant for informational purposes only, are not intended to serve as a recommendation to buy or sell any security and are not an offer or sale of a security. They are also not research reports and are not intended to serve as the basis for any investment decision. Any third-party information provided does not reflect the views of Swarm Investing, Inc. Any investment information shared via the Swarm platform reflect the views of the users and do not reflect the views of Swarm Investing Inc. All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. There is always the potential of losing money when you invest in financial products. Investors should consider their investment objectives and risks carefully before investing.