There is a new service on the Web that gives retail investors a look at the decision making of fund managers and enables them to use this decision making to guide their own stock picking. Not only is this Internet upstart likely to be disseminating information some mutual fund companies will object to, but it may impel fund companies to begin providing the same information themselves.

The service is offered through The Mutual Discovery Network, an online stock and fund-tracking service that is based in Philadelphia.

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