Certainly, contrary voices could be “hammered into the dust” when they did not do much analysis on companies they brought up
To clarify, it was more the “questioning” of some of the excessive predictions that were hammered or just removed. Thus, the groupthink.
For example, when a newcomer was predicting that Zoom was going to have 182 million individual paid subscribers and nearly $33 billion in annual revenue, it was the contrary voices (mine) to that prediction that were hammered. I didn’t need to do a lot of analysis to state such a prediction was terrible and that no one should invest in Zoom based on such a prediction.
Again, I have made a ton of money from some of the recs there but that is probably offset by the amount of money others have lost because few if any were telling them to pull back from the excessive predictions and irrational exuberance.
(I’ve shared the following with this board previously):
https://discussion.fool.com/when-in-fact-tribes-banding-together…
Note, the OP, the one that predicted 182 million subscribers and annual revenue of $33 billion for Zoom, received 59 recs. My reply urging caution received just 8.
And of course, Zoom is down roughly 30% from that prediction, has only 500,000 paying customers (4th qtr 2021), and only $4 billion in revenue (2021). Zoom has a negative 2 yr return - losing its entire Covid gains.
Hawkwin
Ironically typing this while an Adobe meeting with 200 participants is running in the background.