How bad are Wall Street forecasts? Really Bad.

March 9th, 2015

This weekend, there was an article written in the USA today that discussed the extremely poor performance of Wall Street Analysts. This is of no surprise to us, as we don’t believe that market timing or forecasting can be done accurately in the short term, and there is a plethora of evidence to support our stance. Now, this doesn’t mean that successful investing is random, or lucky, but rather that attempting to invest based upon short term predictions is unwise and unprofitable over the long term. To read the article from the USA Today, click here.