January 6, 2012

The Wisdom Of Crowds

In The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, the central thesis of James Surowiecki's book is that a diverse collection of independently-deciding individuals is likely to make certain types of decisions and predictions better than individuals or even experts. See here. The wisdom of crowds is not to be confused with crowd psychology.

There are at least 4 places on the Web where you can find folks chatting about Provectus, productively or otherwise:
  • Silicon Investor here;
  • Yahoo! Finance here;
  • InvestorsHub here; and
  • InvestorVillage here.
More than a few times, a poster has raised an issue or written on a topic that has encouraged me to carry out further due diligence, or just think more or harder. Sometimes it's important to repay a fellow long by endeavoring to allay his or her (and perhaps other's) concern or fear or confusion.

Other times, it's very good to read of a misconception, or two.

No comments:

Post a Comment