‘110723, 9:34 AM (Crowds on Wall Street Extracting Value fom Collaborative Investing Platforms archive.today Sed trom frpztwwn.cs.uesh..du/-ravorbonpubicatonslabsveciseaphe-csowi5.i][ search 6 Ju 2018 02:36:47 UTC ae Domtatste Fraeatnsreaae Panascton Crowds on Wall Street: Extracting Value from Collaborative Investing Platforms Gang Wang ‘Tani Wine Proceedings of 8th ACM conference on Computer-Supported Cooperative Work and Social Computing (CSCW 2015) ull Text in PDF Format, 537K Paper Abstract In crowésourced systems, it s often difficult to separate th highly capable "experts" rom the average worker In shs pepe, we study the problom of ‘evaluating and identifying exper inthe context af Seeking and StockT Wits, wo erowrdsourced investment services that ate eneraaching on 8 space dominated for decades by lrge investment banks. We seek to undetsand the quality and impact of content on collaborative investment platforms, by ‘empirically analyzing complete datasets of SeckingAlpba articles (9 yeas) and StockT wits messages (4 years). We develop sentiment analysis tools and correlate contributed content tothe historical performance of relevant stocks. While SeckingAlpha articles and StockTwits messages provide minimal Correlation fo stock performance in aggregate, «subset of experts contribute more valuable (predictive) content. We show that these authors can be easily ntifed by user interactions, and investments using their analysis significantly outperform broader markets. Finally, we conduc @ user survey that sheds it on users views of SeekingAlpha content and stock manipulation, https:archiveINXMyC a