Was Q1 only the start of herd mentality in the market?
April 20, 2021 at 15:14 PM EDT
By Julian Koski, CIO at New Age Alpha In his 2004 bestseller The Wisdom of Crowds, James Surowiecki famously provides evidence that when acting independently and in their own self-interest, the actions of individual members of a crowd result in an efficient outcome. Following this logic, if...