this post was submitted on 08 Mar 2025
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Today I Learned (TIL)

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You learn something new every day; what did you learn today? Submit interesting and specific facts about something that you just found out here.

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The original post: /r/todayilearned by /u/Ribbitor123 on 2025-03-08 20:32:44.

Original Title: TIL about Keynesian beauty contests. The economist John Maynard Keynes reckoned stock markets were like beauty contests - instead of selecting the most beautiful contestant, judges tend to pick the one they think other judges are likely to pick.

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