How “Social Proof” Helps Smart Investors
By:
Jutia Group
By David Galland, The Casey Report As a young man in a foreign land, my curiosity was piqued by the crowd standing five or six deep in a circle. On pushing my way forward, the focus of the crowd’s attention quickly became apparent – a fight, although for reasons I’ll explain momentarily, “fight” is not the right word. The setting was the annual wine festival in Neuchâtel, Switzerland. I was just 18, a wet-behind-the-ears puppy from a small town in Hawaii. But even in the remote backwaters of my youth, the Swiss reputation for a certain decorum and circumspection had made its way into my consciousness. How then to explain the sight of several dozen Swiss citizens, a cross-cut . . . → Read More: How “Social Proof” Helps Smart Investors
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