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You're Smart, But You Can't Forecast
As one of those folks who has spent a lot of time bashing economic and stock-market forecasters (see this, this, and this), I have no choice but to take issue with an argument made by former hedge-fund manager Jesse Felder, who asserts "that everything is a forecast." To quote Felder: Can we please stop bashing forecasters already? There is a small but influential faction of bloggers/financial talking heads out there that love to bash everyone who doesn’t invest exactly along their prescribed investment philosophy which is usually some sort of “passive” methodology, writing off non-conformists to their ... (full story)
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- Feb 13, 2015 3:31pm Feb 13, 2015 3:31pm
- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments
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- frx_trader
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- Edited 4:06pm Feb 13, 2015 3:49pm | Edited 4:06pm
- roger44
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- Trenderer
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- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments
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- roger44
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- Feb 14, 2015 3:43am Feb 14, 2015 3:43am
- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments