Why Analysts’ Stock Recommendations are SH*T 12 years ago
It is hard to predict, but many analysts claimed they have the edge and fool people making bad investments.
HN user
It is hard to predict, but many analysts claimed they have the edge and fool people making bad investments.
Lol, i love this...
I like your point on the balanced portfolio. I hope there will be more feature on Nvest that addresses this issue in the future.
Just browse through the Motley Fool website, there are similarities for sure. Then I came across this, http://caps.fool.com/player/bbmaven.aspx. This person has a rating of 100, and for a period there, each of his recommendations have consistently made over 500%. I don't know how it is ranked, and I don't think it is correct either.
On the landing page, they have shown how they calculate the ROI. Also, the idea of acting on recommendation is to seek alpha rather than beta.