How can investors benefit from the decentralization of
investment platforms
If you have a question about a specific topic, who are you best
to ask: a recognized expert or John/ Jane Q. Public?
Well, if you have a question about what's going to happen
next in the wild world of financial markets, you may get more
accurate predictions by asking a group of ordinary people than from
an economist, analyst or even the CEO of Goldman Sachs. The idea
that the masses can make surprisingly more accurate collective
judgements than expert individuals, is nothing new.
Power in Numbers
James Surowiecki's 2005 book "The Wisdom of Crowds" compellingly
illustrated how crowd wisdom works.
Let's travel back to 1906, when Charles Darwin's cousin
Francis Galton, a Victorian polymath, was the first to note the
wisdom of the crowds at a livestock fair.
