The Plank

The Washington Post On Money

By

The good news--society is becoming more open and honest:

Money used to be a taboo subject. Not anymore, thanks to Web sites such as Facebook and MySpace,
which have created a generation willing to talk about anything and
everything online. Several new sites are incorporating that impulse
into the world of money, blending social networking with personal
finance.

The bad news--guys like this: 

Brian Zacharias, 23, a senior economics major at the University of Virginia,
was very aware of how he was doing and wanted others to know it. That's
why he opted for Covestor, which launched last summer. His portfolio is
up 40 percent since he joined.

"I like to let other people know
how well I'm doing and put that information out to the public," he
said. "I turned out to be a good trader, and I want people to know
about it."

Read the whole thing.

--Isaac Chotiner 

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