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Zillow Quits Home-Flipping Business, Cites Inability to Forecast Prices

17 pointsby bonytover 3 years ago

2 comments

dredmorbiusover 3 years ago
Dupe: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=29087479" rel="nofollow">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=29087479</a><p>(A later submission, but with traction.)
cyanydeezover 3 years ago
easy to predict things as long as you dont move the market with your predictions. once y9u become the market mover, youve created a marketmdistortion field and you cant get honest information for any number of reasons, including the desire of others to flatter you, your own smug selffulfilling prophecies, your logical loops in processing cause and effect, and the greater fool behavior of smart money following dumb.<p>especially if you have no real product.