tag:blogger.com,1999:blog-295344010990048875.post9079497099230955640..comments2008-05-16T12:16:37.355ZAlex Gawleyhttp://www.blogger.com/profile/01492821271135492522noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-295344010990048875.post-75540999364050026182008-05-16T12:16:00.000Z2008-05-16T12:16:00.000ZThanks Omid. I read wisdom of crowds and liked it. My only concern was that the anecdotal evidence (like challenger) is nice, but unless an approach (e.g. the stock market) consistently reveals this info, it's not that useful. Hind sight is a wonderful thing (and lets you pick examples to back up your central hypothesis!)<BR/><BR/>A good read on that topic is 'fooled by randomness' you may want to give it a go...Alex Gawleyhttp://www.blogger.com/profile/01492821271135492522noreply@blogger.comtag:blogger.com,1999:blog-295344010990048875.post-57289010732553772012008-05-16T10:24:00.000Z2008-05-16T10:24:00.000ZGood Post. I suggest reading Wisdom of Crowds. In the bit about the Columbia Shuttle disaster Surowiecki points out that financial markets determined which part of the equipment was faulty before the investigations did, by penalizing the supplier company's stock price.Midohttp://www.blogger.com/profile/00368914661975760867noreply@blogger.com