Posts Tagged ‘decision market’

“A simple rule dictates my buying: be fearful when others are greedy, and be greedy when others are fearful,” proclaimed Warren Buffet.” (Bear market, FT.com, November 2008) It might make sense to buy for the long term, but at this time the bottom might still not have been reached. “When markets experience dislocations as extreme […]


decision market

08Apr07

“A decision market is an elegant and well-designed method for capturing the collective wisdom. But the truth is that the specific method that one uses probably doesn’t matter very much. (…) The real key is not so much perfecting a particular method, but satisfying the conditions – diversity, independence and descentralization – that a group […]