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Investing 1: The Stock Market & Penelope The Cow

Planet Money Summer School

CHAPTER

Is the Kitty the Cutest?

i feel like from the standpoint of wanting the world to function in a rational way where mark gets work efficiently and reasonably, there's sort of good news and bad news in this story. In group b, the more sort of strategic investors who are asked to pick what they think everyone else will pick,. 76 % of them correctly identify that the kitten will win. But you've got 15% thinking it's going to be deloris, and 9% thinking the polar bear. i thought of a particularly extreme scenery where this all went very, very wrong. What if the market was entirely filled with marlas, right? Then, basically,  a ge a kitten bubble, and no one

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