
Ben Hunt - The Stories that Drive Markets (EP.393)
Capital Allocators – Inside the Institutional Investment Industry
Keynesian Beauty Contest Strategy
In investing, short-term predictions are based on market reactions rather than actual information. The Keynes Beauty Contest analogy highlights the importance of understanding not only what you think is right or what the crowd consensus is, but what the crowd thinks the crowd consensus is. This strategy emphasizes the need to analyze perceptions beyond personal opinions or general market sentiment.
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