clutch Posted May 9, 2017 Share Posted May 9, 2017 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... Link to comment Share on other sites More sharing options...
DooDiligence Posted May 9, 2017 Share Posted May 9, 2017 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...) Link to comment Share on other sites More sharing options...
John Hjorth Posted May 9, 2017 Share Posted May 9, 2017 clutch, Why are you even mentally occupied by this question? Take care of your own AUM - do your very best - do your own work. Link to comment Share on other sites More sharing options...
rawraw Posted May 10, 2017 Share Posted May 10, 2017 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 Link to comment Share on other sites More sharing options...
writser Posted May 10, 2017 Share Posted May 10, 2017 Just ignore historical performance, focus on quality of analysis instead. Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted May 10, 2017 Share Posted May 10, 2017 Nobody would listen to a word I have to say..... :D Link to comment Share on other sites More sharing options...
rkbabang Posted May 10, 2017 Share Posted May 10, 2017 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. Link to comment Share on other sites More sharing options...
Gamecock-YT Posted May 10, 2017 Share Posted May 10, 2017 People would lie Link to comment Share on other sites More sharing options...
TwoCitiesCapital Posted May 10, 2017 Share Posted May 10, 2017 People would lie ;D ;D ;D Link to comment Share on other sites More sharing options...
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