Sunday, March 20, 2011

A Network Model of Success

"For too long, we've subscribed to an overly individualistic model of success. If a trader is particularly effective, we tend to assume that he or she must have some special talent, some uncanny ability to decipher the market. But that's probably not the case. This research reminds us that the best traders can only be understood as part of a network."

Jonah Lehrer: A Herd Makes Money on Wall Street | Head Case - WSJ.com

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