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Investment Leadership Lessons From Dancing Guy

Written by Michael Bigger. Follow me on Twitter.


Derek Sivers wrote a great blog post entitled "Leadership Lessons from Dancing Guy". I am mentioning this post in this investment blog because an investor when acting contrary to most investors, stands alone and looks ridiculous. I certainly felt that way when;


  1. in 1995, I invested in Innovative Fibers.
  2. in 2001, I invested in Amazon.com below $10 while some analysts counted the company for dead.
  3. in 2008, we went all in with Crocs below $1.


If your facts are right, the investment thesis appealing, and if you are generous about discussing your investment thesis, a follower will show up. This process could turn one follower into a crowd and this crowd could enhance your catalyst.




What is your take on this video?


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Reader Comments (6)

Great post. But I think even if what you do is nuts all you have to do is pay the first couple of followers to follow and crowd will follow.

April 16, 2010 | Unregistered CommenterArthur Voland

I really like this video. Although the author is not thinking about investment, it is very applicable to investment. Just a great way to see how a crowd forms and how people might feel ridiculous not joining the group once most people are in. So It has application for bubbles, bear market and the catalyst situation.

April 16, 2010 | Registered CommenterMichael Bigger

It like this quote from "On the Brink" When Prince asked Paulson, “Isn’t there something you can do to order us not to take all of these risks?” I read some of, who knows with what intent these books are written.
Speaking of crowds and paying for followers, I recently realized that if you can create algorithm that would trade apposite of what's written in and suggested on Bloomberg you would be right about 90% of the time. :)) Unfortunately that knowledge cost me a lot.

April 16, 2010 | Unregistered CommenterArthur Voland

You tried it and it did not work?

April 17, 2010 | Registered CommenterMichael Bigger

Nooo, I actually followed what they were suggesting to do with disastrous results. But I can only blame myself for that. It would be better to trade in the woods, or in Omaha :) than when you sit in NYC.

April 17, 2010 | Unregistered CommenterArthur V.

You have to pay for knowledge and the price sometimes is a bit high. I am not sure why people don't share what they know. And after I tell someone that big money is on the opposite side of the trade of whats written there they look at me with bewilderment and say "YOU DIDN't KNOW THAT!" :) But, I am not smart enough to build an algorithm like that.

April 17, 2010 | Unregistered CommenterArthur V.

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