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blog post
in Better Investment Choices
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Using the Wisdom of Your Crowd
In his famous 2004 book "The Wisdom of Crowds", Surowiecki told us that in the game show "Who wants to be a Millionaire?", the Ask the Audience lif
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blog post
in Better Investment Choices
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Combine Responses from your Crowd
In Using the Wisdom of Your Crowd I explained how you have a crowd at your fingertips, and why studies show using their collective kno
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blog post
in Better Investment Choices
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How Good are your Estimates
Forecasting (outcomes, benefits, risks) is fundamental to investing wisely. We often focus on tight estimates of the cost of doing something, but pay less attention to the larger factors, the benefits
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