(From The Daily Star)
Byline: THE DEALER
A NEW website is using the ask-the-audience principle from Who Wants To Be a Millionaire? to forecast stock market trends.
In the TV quiz show the audience gives the correct answer to questions 91% of the time, against 65% when contestants phone a friend.
Consensusview. com invites forecasts for a range of financial markets.
Co-founder and former Goldman Sachs banker Stephan Bisse says it proves the so-called wisdomof-the-crowds theory highlighted by a contest at a 1906 agricultural fair.
Visitors were asked to guess the weight of an 1,198lbs ox and the average was …