What would happen if everyone puts their performance records in signatures?

[clutch]

Of course, I'm assuming people will be honest and use the same method to calculate the past performance.

 

But would this be a good / bad thing for the board like this?

 

At a superficial level, this will help people decide which person's idea they should value / neglect more. So this could be a good thing in terms of helping everyone maximize their returns.

 

On the other hand, my feeling is that this will instill a dominance hierarchy within the board - people with better records will be respected more, and hence encouraged to post more, etc., while people with bad records will be ignored and disrespected, etc.  ::)  There would be even greater survivorship bias, and eventually the benefits of having diverse opinions would disappear...

 

Anyways, I thought it would be interesting...

 

 

[DooDiligence]

Of course, I'm assuming people will be honest and use the same method to calculate the past performance.

 

But would this be a good / bad thing for the board like this?

 

At a superficial level, this will help people decide which person's idea they should value / neglect more. So this could be a good thing in terms of helping everyone maximize their returns.

 

On the other hand, my feeling is that this will instill a dominance hierarchy within the board - people with better records will be respected more, and hence encouraged to post more, etc., while people with bad records will be ignored and disrespected, etc.  ::)  There would be even greater survivorship bias, and eventually the benefits of having diverse opinions would disappear...

 

Anyways, I thought it would be interesting...

 

I view just having my holdings in my signature as a way to keep me intellectually honest.

 

On the flip side it exposes me to anchoring & a reluctance to change course in the event of a mistake (don't want to look like an idiot even though this may be unavoidable in my case...)

[John Hjorth]

clutch,

 

Why are you even mentally occupied by this question? Take care of your own AUM - do your very best - do your own work.

[rawraw]

Should we only listen to lottery winners on how to get rich?  Hard to separate luck/skill and alpha/beta from simple return in signature

[writser]

Just ignore historical performance, focus on quality of analysis instead.

[TwoCitiesCapital]

Nobody would listen to a word I have to say.....

 

:D

[rkbabang]

Nobody would listen to a word I have to say.....

 

:D

 

Everyone would listen to me, because I'd put that I have earned 300% per year for 50 years!

 

But seriously I think there would be a lot of performance inflation if this were required.

 

 

[Gamecock-YT]

People would lie

[TwoCitiesCapital]

People would lie

;D ;D ;D