Economics

Odd Lots: What Mathematical Models of Herding Cows Can Teach Us About Markets

Investors go 'moo.'

Doing the same thing as everyone else only works up to a point. — Doing the same thing as everyone else only works up to a point.
Photographer: Brendon O'Hagan/Bloomberg

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Before it’s here, it’s on the Bloomberg Terminal

By Tracy Alloway, Lorcan Roche Kelly, and Joe Weisenthal

October 31, 2016 at 1:00 AM EDT

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Before it’s here, it’s on the Bloomberg Terminal