Submitted by Infamous_Sympathy_91 t3_yhkw4q in wallstreetbets
Infamous_Sympathy_91 OP t1_iug2b3f wrote
Reply to comment by wisle-n-out in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
The point is it's been wrong like a dozen times in a row.
wisle-n-out t1_iuhqvu5 wrote
Point taken, but what should we do with that point?
If you consider the point and take corrective action, you risk zigging when the consensus is telling you to zag. Then if you suffer a loss people and perhaps you, yourself, will ask why you went against the consensus. The point is not exactly suggesting you should throw away all consensus, but it's a step in that direction.
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