Tuesday, February 10, 2009

Wisdom of Crowds Videos

We are doing market efficiency in class and these are a great way to get exposed to some of the ideas we will be discussing.

From PBS:



An interview with James Suroweicki:

2 comments:

Miguel Barbosa said...

Hi Professor,

Fantastic finds. I hope you don't mind me also posting the videos. They are really great materials. Your blog really does make finance fun. Keep up the great work. And thanks for linking to me so often.

best regards from Your humble student
Miguel Babrosa
simoleonsense.com

Katharina Steiner said...

PredictWallStreet is one of the pioneers in applying the wisdom of the crowd theory in the field of stock predictions.

It has posted numerous videos on YouTube. The best way to enter them is to start listening to the one on http://www.predictwallstreet.com/community/default.aspx and then click on the YouTube link.

A white paper shows that the theory works: http://www.predictwallstreet.com/News/Publications/Investing021109.pdf. It shows that forecasts generated from these predictions generated a 41.42% return between May 24, 2007 to December 31, 2008, while the SPY returned -58.37% using the same investing strategy.

We welcome all questions. In the meantime, have fun reading this blog and don't forget to explore sites such as www.predictwallstreet.com.