Increasingly popular Twitter is peerless for sentiment gauging, Josh Brown of Fusion Analytics said Wednesday.
"Without a doubt, it's not going away. It's not a fad. And you're starting to see the institutional shops start to incorporate it into their process, whether for idea generation, or the way I use it, which is for sentiment gauging," he said. "I think it's the best tool out there."
Brown, who's also known as @ReformedBroker, was named the No. 1 wealth management professional on Twitter by The Wall Street Journal.
On CNBC's "Fast Money," Brown said that it was important for investors to curate their experiences.
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"You control what your Twitter experience is by virtue of whom you choose to follow and whom you choose to tune out," he added. "Quite frankly, you have more control of this medium than you do of any other, and you have control of who speaks to you and who you don't listen to."
Tim Seymour of EmergingMoney.com said that he viewed Twitter as a platform for the dissemination of information.
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"Twitter news to me is not something I can trade on immediately," he added. "It can be confusing. It can throw you just as much in the wrong direction as it can throw you in the right direction."
The homework was still crucial for investing, Seymour also said.
"I don't think if I'm trying to raise money from institution as a fund manager, and I tell them Twitter's my go-to source for information, I'm going to get a lot of money."