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Why even knowing the future may not be enough for you to beat the stock market
For all the complexity of the global economy and stock market, the risk involved with making money in equities essentially comes down to one thing: no one knows the future. In a report that should make investors feel a bit better about their own performance, however, one analyst has suggested that even clairvoyance may not be enough of an edge to beat the market. In fact, having an early knowledge into where the economy is headed could actually hurt one’s performance, and the results are worse than a currently employed strategy that doesn’t require a crystal ball. Vincent Deluard, global macro strategist at INTL ... (full story)