Does the “wisdom of crowds” produce alpha?

February 10, 2008
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AllAboutAlpha asks if the wisdom of crowds produces an alpha? Too soon to tell, though his thoughts on why it isn’t really a wisdom of crowds approach seem dead on to me.

Actually, what it really made me think is, wouldn’t it be cool to be up there on that panel? Alas, I suspect my little corner of the finance blog world will stay a bit too far out of that limelight.

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