I don't think that somebody who is observing or predicting behavior should also be participating in the 'experiment.'
The public is even more pessimistic about the economy than even the most bearish economists are.
To be a very, very minor, eighth-tier celebrity, you realize, 'Hey, celebrities are just like us.'
Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans if you think it's a good time to invest in stocks, except it goes the opposite direction of what you would expect. When the markets going up, it in fact makes it more prone toward decline.
Well the way we perceive accuracy and what accuracy is statistically are really two different things.
In politics people build whole reputations off of getting one thing right.
Every day, three times per second, we produce the equivalent of the amount of data that the Library of Congress has in its entire print collection, right? But most of it is like cat videos on YouTube or 13-year-olds exchanging text messages about the next Twilight movie.
I don't play fantasy baseball anymore now because it's too much work, and I feel like I have to hold myself up to such a high standard. I'm pretty serious about my fantasy football, though.