The above lecture is by Robert Winkler at the Fuqua School of Business at Duke University.
The name of the lecture is: “Distilling the Wisdom of Crowds: Combining Probability Contributions by Averaging Quantiles”
Members: My latest Weekly Strategy Session has been published
Also, here is an interesting infographic on best-selling products.
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Excellent video…what’s the ‘probability’ of the avg trader watching a lecture ; ) I’m in! – btw keep an eye on $HAR if mkt strong this week – FA solid -TA that’s your expertise -a stealth play on China as well IF $FXI is strong -might be a big if? Anyway-I’m watchn now-thx!
Thanks, comet,
Whoa! Not exactly probability 101 – gotta make some popcorn – btw cool info graphic
Chess, I’m mobile and can’t watch the vid right now, but I thought for sure this post was going to be of a high-octane subject matter. On that note, a colleague was telling me about enjoying this limited edition Jim Beam with some friends last night, and wouldn’t quit praising it. I was wondering if you’ve tried? Jim Beam Signature Craft Spanish Brandy Finished Rare Bourbon Whiskey http://www.proof66.com/mobile/jim-beam-signature-craft-brandy-finished-bourbon.html
Great stuff, thanks!
Hey Chess!
How do you feel about AAPL here?
Thanks!
Don’t chase it here. Wait for pause.
I watched the video but I’m not sure exactly how it relates to trading. The video was a little hard to follow, but I looked up some academic papers related to it and I also understand that there exists a symmetry between crowd opinions for anything, versus the stock market, where crowd opinions influence supply and demand and thus determine price.
What’s the crucial conclusion that I’m missing here, chess?
Very fair points, which is why I posted on a weekend. More of an open-ended thing.