Surowiecki, James – The Wisdom of Crowds

Doubleday, 2004, [Behavioural Finance] Grade 5

The mob is often seen to lack both a sense of reasonable proportion and an ability to balance multiple inputs. Those who have lived through the recent financial crisis would probably sign off on a similar view of how collectives function. Yet, the top rated analyst has a curious difficulty in beating the collective when it comes to...  Further reading...  Link to Amazon...