>No one in this world ... has ever lost money by underestimating the intelligence of the great masses of the plain people... I think you're disproving your own

>No one in this world ... has ever lost money by underestimating the intelligence of the great masses of the plain people... I think you're disproving your own point. If you look the major flops in all industries (video-games, movies, ...) the general trend is contempt for the audience. This generally results in some form of uproar from the most involved fans, which is disregarded because of the assumption that the general public won't pick up on it. At the very least, I would say that for this to be true you need to have a very specific definition of intelligence that would exclude a lot of crowd behaviors.