Rubin Miller, CFA
@rubinjmiller.bsky.social
Reposted by Rubin Miller, CFA
"Over the past 20 years, according to Joachim Klement, an investment strategist at Panmure Liberum in London, the correlation between the forecasts and the market’s actual returns was minimal for the analysts and zero for the strategists."
via Jason Zweig
www.wsj.com/finance/inve...
via Jason Zweig
www.wsj.com/finance/inve...
How You Can See Through Wall Street’s Ritual of Wrong
Analysts and market strategists love to predict what markets will do in the year ahead. Don’t let this misguided ritual blind you to what assets are really worth.
www.wsj.com
January 13, 2025 at 1:44 PM
"Over the past 20 years, according to Joachim Klement, an investment strategist at Panmure Liberum in London, the correlation between the forecasts and the market’s actual returns was minimal for the analysts and zero for the strategists."
via Jason Zweig
www.wsj.com/finance/inve...
via Jason Zweig
www.wsj.com/finance/inve...