In January 2018, Vanity Fair declared Facebook had “started its downward spiral.” 2 years later, FB’s market cap is up 50% to $750B. I hope to live this kind of downward spiral one day.pic.twitter.com/GH3DjlaAtM
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This is why journalists aren't rich. If their predictions were better than random, they could invest based on them.
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In fact, you can get rich by betting against journalists' predictions.
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Might see a SaaS startup in a few years doing just that
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Even if they were as good as random they might still become rich ;-)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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It is much worse than random tbh.
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That seems unlikely, because that would also be valuable. If their predictions were significantly worse than random, you could make money by investing contrary to them.
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What's that famous study where experts in a field weren't better than random guesses
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Journalists aren’t wrong any more than founders are. (Most of us not allowed to invest in companies we cover.)
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SEC regulations? Do you guys have same restrictions as an auditor of the company?
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