TXRogers wrote: Omega101 wrote: firewitch wrote: Welcome back Omega . You are allowed to express your opinion as you wish here . You can even express extreme negativity towards Trolls in chief also ,which is so frowned upon over there. Hmmmn,makes you wonder ......
FW
Cheers firewitch. I am back in the doghouse at CEO. But I dont care anyway.
One too many mopes running around that board sporting group-think half hardons, and the only place to stick them is in a rhino asss. Now theyre running scared like dingos with tapeworms. And most too insecure to come here. I have more on ignore there than I do here.
This board has the real meat anyway. And the freedom of speech like you say.
Interesting discussion, FW and OM.
It appears that poster OM is seeking asylum from an Echo Chamber. I understand completely.
One advantage of discussion boards that do not censor or mediate the anti-social behavior of posters is that the Echo Chamber Effect is minimized. However, this does allow the existence and proliferation of Troll Park inhabitants. Although many are imbecilic and exhibiting various levels of mental retardation, there are quite a few that are mentally astute, articulate, and exhibit extreme viciousness. These posters are actually assets and mediate the effect of the Echo Chamber.
This phenomenon is extensively discussed in the 2017 paper named “
Echo Chambers in Investment Discussion Boards”. The Study Paper basically examines the following:
We examine the quality of information and communication in online investment discussion boards. We show that positivity bias and skewed risk/reward assessments, exacerbated by the insular nature of the community and its social structure, contribute to underperforming investment advice and unnecessary trading.
Discussion post sentiment has negligible correlation with future stock market returns, but does have a positive correlation with trading volumes and volatility. Our trading simulations show that across different timeframes, this misinformation leads 50-70% of users to underperform the market average.
We then examine social structure in communities, and show that the majority of market sentiment is produced by a small number of community leaders, and that many members actively resist negative sentiment, thus minimizing viewpoint diversity. To improve generated information content in online investment communities, we suggest designing to increase diversity of opinion, minimize friction around incorporating new information, and provide performance feedback for self-correction.
Well, if the above is even vaguely accurate it explains Ed Croft's research - between 50% and 70% of discussion board users underperform the market. The research goes on to analyze how this actually works and identifies that there are a few, key people who determine the overall sentiment and that: "... many members actively resist negative sentiment, thus minimizing viewpoint diversity".
What a surprise. Has that what you have been experiencing?
I represent a viewpoint on this Board that I push with extreme force. But it is met with equal extreme resistance and prejudice. It’s a essentially a war of ideas and opinions, and I must work hard to prevail. It is not a mediated forum of civil behavior and group think bull$hit. It’s a full-blown conflict that I intend to win. And if like-minded posters prevail along side, the victory is that much sweeter.
Welcome back to the Octagon, OM. Be smart, be articulate, and shoot to kill.
Tx