Jr Deputy Accountant Honored as Top 20 Most Influential Financial Site by MindfulMoney
In the two years I've been doing this, JDA has won a couple awards and acknowledgments and to this day I'm still overwhelmed when I get sweet notes from readers thanking me for my work but I have to say this might be the coolest acknowledgment yet.
In what I believe is a first, MindfulMoney has actually mapped the network of influence and Jr Deputy Accountant has been honored as a top 20 most influential site, among JDA heroes like Jesse and FT Alphaville.
Why does influence matter? "Financial blogs have covered the events leading up to the credit crisis much better than mainstream media. Thanks to them, I have made good money from the crisis!" said private investor Björn A Jörgensen. And he is absolutely right. The mainstream media has failed and unless you're using the Jim Cramer contrarian investment strategy, you're going to take a beating if you actually listen to just about anything that comes from that corner.
Check out Social Finance: The New Influentials:
Most investors would acknowledge that social media is playing an increasing role in their investment decisions. Yet no-one has mapped the emerging network of influence likely to be playing a crucial part in those decisions.
Until now that is. MindfulMoney's ‘Social Finance: The New Influentials'' report is aiming to better understand what this network looks like and to see if a number of super connections, so beloved of writers like Malcolm Gladwell, exist.
The research indicates that they do.
Some professional investors believe that many of the sites in this loose network have proved a better source of information than the traditional media, especially and crucially in the run up to the financial crisis.
Clearly, a new and significant source of information is available to investors. One with an audience of over 38million. However given that this is the case, it is also important to understand who the main players are, how they interact with the Government and other sectors and how they influence each other.
Full list of the Top 20 via Miyanville:
1. Naked Capitalism
2. Infectious Greed
3. The Big Picture
4. Jesse's Crossroads Cafe
5. Zero Hedge
6. Mish's Global Economic Analysis
7. Calculated Risk
8. Paul Krugman's Blog
9. FT Alphaville
10. Ludwig von Mises Institute
11. Market Ticker
12. WSJ Blogs
13. The Epicurean Dealmaker
14. Credit Writedowns
16. China Financial Markets
17. Max Keiser
18. The Angry Bear
19. The Economist
20. Jr. Deputy Accountant
Congratulations to my alternative financial media colleagues (um, does WSJ count?) and thanks to MindfulMoney for their work putting this list together.