Comments on: The wisdom of Prosper crowds http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/ Personal finance, commentary, and spending less the easy way Fri, 12 Mar 2010 04:59:46 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: empty spaces http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/comment-page-1/#comment-10254 empty spaces Tue, 24 Oct 2006 06:31:08 +0000 http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/#comment-10254 i keep getting outbid by idiots who are willing to lend their money to a stranger with terrible credit for 12%!!! i keep getting outbid by idiots who are willing to lend their money to a stranger with terrible credit for 12%!!!

]]> By: Bill http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/comment-page-1/#comment-10221 Bill Mon, 23 Oct 2006 08:35:39 +0000 http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/#comment-10221 Thanks for the great article! Thanks for the great article!

]]> By: fivecentnickel.com http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/comment-page-1/#comment-10208 fivecentnickel.com Mon, 23 Oct 2006 02:30:34 +0000 http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/#comment-10208 <strong>Weekly Roundup - 10/20/06...</strong> Here’s a quick look at posts that caught my eye over the past week (better late than never)… JLP has a nice post on building wealth with other people’s money. Jim gives us the skinny on paying estimated taxes on a quarterly basis. F... Weekly Roundup – 10/20/06…

Here’s a quick look at posts that caught my eye over the past week (better late than never)…

JLP has a nice post on building wealth with other people’s money.
Jim gives us the skinny on paying estimated taxes on a quarterly basis.
F…

]]> By: Enough Wealth http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/comment-page-1/#comment-10185 Enough Wealth Sun, 22 Oct 2006 10:01:16 +0000 http://www.mightybargainhunter.com/2006/10/22/the-wisdom-of-prosper-crowds/#comment-10185 It may just mean that the average Prosper.com lender is greedy and may not have enough info to accurately guague the risk involved. Lots of people bought dot.com stocks in 2000 - doesn't mean that buying what had the highest trading volume would have been a good investment strategy. BTW - efficient market theory is a bit like probablility theory. ON AVERAGE the pricing should be correct (based on available info), but it doesn't exclude incorrect pricing for extended periods (just as you can toss 10 heads in a row before getting tails). Regards http://enoughwealth.blogspot.com It may just mean that the average Prosper.com lender is greedy and may not have enough info to accurately guague the risk involved.

Lots of people bought dot.com stocks in 2000 – doesn’t mean that buying what had the highest trading volume would have been a good investment strategy.

BTW – efficient market theory is a bit like probablility theory. ON AVERAGE the pricing should be correct (based on available info), but it doesn’t exclude incorrect pricing for extended periods (just as you can toss 10 heads in a row before getting tails).

Regards
http://enoughwealth.blogspot.com

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