One truth about the inertia of groupthink, is that the participants can't even admit they are subject to it:
How convenient!
What about non-participants with zero access to the relevant facts, experiences, and decision making process?
Hey, I have a cool idea. Let's trade pop-psych wikipeida links. Here's one:
http://en.wikipedia.org/wiki/Overconfidence_effect
and a bonus!
http://en.wikipedia.org/wiki/Confirmation_bias
The mistake you make is thinking (and with extreme misplaced confidence) that you understand the actual dynamics, when you don't.
i found more information at the following two links than i did in the last 100 pages if you two guys babbling on..
www.ratemypoo.com
http://meatspin.com
oh and didn't you hear ?
Wikipedia is not 100% accurate at all times there for using it as a reference is not possible..
The same argument is commonly applied to Coindesk.. they are biased so all their news is....
