Earlier in the year, I showed the chart of analyst forecasts and how they struggle to get even the direction of equity returns (positive or negative) right.
On Twitter, there was a meme being passed around during Covid showing two guys. One guy said, “when stocks go up, I buy. When stocks go down, I sell” the other guys said, “I can’t read”. Perhaps the strategy is as “simple” as that as, put simply, that’s what those professors found
On Twitter, there was a meme being passed around during Covid showing two guys. One guy said, “when stocks go up, I buy. When stocks go down, I sell” the other guys said, “I can’t read”. Perhaps the strategy is as “simple” as that as, put simply, that’s what those professors found