Crowd Wisdom And The Anatomy Of A Good Decision

Standard Deviations with Dr. Daniel Crosby
13/10/2017 11 min Episodio 14
Crowd Wisdom And The Anatomy Of A Good Decision

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Episode Synopsis

We rely on the crowd to do everything from run our governments to help us select a place to eat, but does the wisdom of the crowd apply to the stock market? By examining the anatomy of a good decision set forth by Richard Thaler we arrive at the conclusion that crowds are wise in some respects but can lead us astray in others.

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