Wisdom of crowds... @singernews
Folks who are betting on the election are increasingly betting against Trump http://www.usatoday.com/story/news/politics/onpolitics/2016/08/05/trump-shares-tank-trading-market-win-bets-lowest-months/88303832/ …pic.twitter.com/kA4cd2t0Zv
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that's the theory - question is whether there is any wisdom there or just herd mentality
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Yes...but markets different from opinion polls. Investment vs. free speech w/o $ at stake in result
@singernews
End of conversation
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Gratifying -- but the same mode of prediction proved spectacularly wrong for Brexit. Some people lost a lot of money...
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