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Charles Mackay.
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by oneâ€
Perhaps this has just explained price stickiness.
CG,
I can't deny that many of your posts are amusing and witty. I can understand that you might be a very intelligent person and that you are merely making connections that seem too far-leaped for the casual intellect to grasp. If I truly apologize for calling you a chatter box .
Apologetically,
FRIFY
Unfortunately for the poet Mackay, he didn't really apply much empirical rigor to his ideas. In many cases the crowd is "smarter" than the individual (at least more fit for survival), which is why herds exist in the first place.
http://www.randomhouse.com/features/wisdomofcrowds/index.html
And why not reference Mencken? Loosen up the arcaneness setting on your little keyword wiki script.
In many cases the crowd is “smarter†than the individual (at least more fit for survival), which is why herds exist in the first place.
I do not see how a herd of cattles is more fit for surviving their delicious demise.
Unfortunately for the poet Mackay, he didn’t really apply much empirical rigor to his ideas.
You meant he should have sold trading courses like WD Gann did?
I wish not to disclose their names for fear of exposing them to bullying
Those who are afraid of bullying would not be here. They would have been bullied into buying a house long ago.
CG,
So is that your final answer to my somewhat veiled question? Your evolution is not yet complete, young Skywalker...
FRIFY
Chaptcha
I pass blogspot's Chaptcha only 50% of the time. Perhaps I am a foodbot.
My French vocabulary is extremely small.
My favorite word is "homard".
I can understand and make simple sentences. My vocabulary is too small. That’s always been my problem.
My french vocabulary is only big enough for me not to order four soups.
I'm still waiting for the arcane reference to both Nietzsche and Goedels in the same comment. Turn your script back on, much more fun.
I like to think that all races ought to be equal. I am a "speciesist" though.
If so, what makes you think that a wolf doesn’t think the same way?
A wolf does not think.
That is very presumptuous.
Perhaps. The wolf is welcomed to disprove my claim on this blog.
If our model of the brain based on interconnection of neurons is correct, the human brain is a Turing Machine.
I think the brain is responsible for sensary and motor functions. The brain can process information. But it cannot think.
Thought requires the psyche.
I think that anyone who has ever watched a pack of animals hunt can see that they think.
When they start wondering why they are hunting, they are thinking. Or should I say free-thinking.
Self-awareness could not possibly have come from evolutionary processes.
It’s tough to explain.
It is impossible to explain. Most children have better self-awareness and are better free-thinkers because they are not exposed to science yet.
It is sad that our intuition is highly suppressed in today's world.
It looks like elephants can recognize themselves in mirrors, is that thought?
No. It can only be shown that elephants appear to recognize themselves in mirrors.
We should be cautioned that science is an excellent propaganda tool. Many activists are dying to show that animals are sentient beings.
Sheesh, CG gets called a trollbot for touching on too many topics, but try as I might, my comments on Japanese kitchen knifes and obscure plant hunters gets no more than an occasional nod from SP and Peter P.
I feel neglected - I'm a baaaad trollbot.
I feel neglected - I’m a baaaad trollbot.
Don't feel neglected... we all love you.
CG is real enough, I'm pretty sure Randy H is just teasing. I still don't comprehend the Fudan to Yale comparison, but his oddities sound real enough to me.
Perhaps I'm more forgiving to CG because I think in similar pathways. I'm pretty sure I have undiagnosed ADD...
Muggy,
Is that ASCII code? I am too lazy to decipher.
It reads in ascii
'Knock it the fuck off, ouyay eeksgay'
Perhaps I’m more forgiving to CG because I think in similar pathways.
Funny, I think the same way.
I wish I was better at languages, then I’d take a stab at Gaelic…
Did you mean Garlic?
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Patrick.net was featured in a SFGate.com article today. We all saw Ben Jones' blog featured in Business Week. According to author Carol Lloyd, NPR has been snooping around here for sources to interview (although that's yet to be verified, if you've been emailed or called by an NPR researcher/reporter, let us know).
What is the real impact of Bubble Blogs? Undeniably, blogs in general have quickly become established as a powerful alternate form of media. But blogs as a source of information are also often criticized for being raw, unedited, and often biased or outright inaccurate. It's even possible to find self-proclaimed internet curmudgeons criticizing blogs and bloggers in a blog.
Has this blog, and the other pioneers which took on the growing insanity of the real-estate bubble, really had a meaningful impact? I still maintain that blogs only affect the wider public sentiment on the margins. Most people do not receive their information through blogs. Those who still read consume simplified infografix color newspapers, the rest figure it out from commercials they forget to skip while watching something they Tivo'd. But, maybe affecting the margins is all that really matters. If we've helped to turn the few in the front of the herd, then the rest will follow.
Finally, what about anonymity? The largest single criticism leveled at blogs, and increasingly at Bubble Blogs, is that all the resident "experts" and "pundits" are anonymous. Anonymity breeds lack of accountability, and questions motives. Of course we aren't all anonymous. Certainly Patrick, Ben and others aren't. Some regular contributors and authors aren't either. But does it even really matter? I am not anonymous, yet I've been accused of being a real estate industry shill, despite the fact anyone can read my resume online. So I'm not so sure it truly makes a difference.
What do you think? Are we helping, hurting, or just fooling ourselves?
--
(Suggestion for thread by FormerAptBroker (FAB), who, while anonymous, is verifiable by this blog's admins just like most of our regular contributors).
--Randy H
#housing