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Predicting the Market with the Wisdom of Crowds | Vuk Vuković
- Vuk Vuković believes social media can predict the stock market, utilizing collective intelligence and network analysis to forecast equity market movements.
- By testing his theory transparently and publishing results, Vuk turned $1,000 into $54,000 in just two years, attracting investors and followers.
- His methodology filters out noise, finding reliable voices, and has been successful in predicting market trends with over 60% accuracy.
- Vuk's thought leadership extends beyond trading to speaking, writing, and his book, 'Elite Networks: The Political Economy of Inequality,' connecting network theory to finance and politics.
- Utilizing the wisdom of crowds requires filtering the right voices and analyzing social media bubbles to achieve more accurate predictions.
- Transparency, through public testing and results sharing, builds trust and attracts investors, as half of the initial hedge fund backers came from followers.
- Wisdom of crowds, supplemented by network analysis, helps in finding optimal predictors and biases in collective intelligence, ensuring better forecasting results.
- Vuk applies network theory from his book to understand elite influence and connect it with market prediction models, expanding his thought leadership platform.
- In trading, Vuk employs a 2% risk per week strategy, balancing consistency in trading approach with accurate market predictions.
- Vuk's approach involves translating academic research into accessible content through storytelling, history, and anecdotes in his book to engage a broader audience.
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