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chebese

06/22/07 12:34 PM

#4372 RE: DewDiligence #4369

<<As evidence of this I cite the myriad posts on iVillage which proclaimed that 9902b is a slam dunk based on the outcomes of 9901/9902a.>>

Example of another type of bias, this one certainly not trivial. Certainly you don't take anonymous MB posts at face value.


<< I would bet that fewer than 10% of DNDN longs have ever even considered program-survival bias.>>

On whether the market considers these biases, I think they do, implicitly if not explicitly by name. Again, I think very few if anyone truly believes that 9902b is a certain success. The stock price reflects that.