Why stock market forecasts are so much more accurate than the internet
When it comes to predicting the future, stock market analysts are as likely to have their predictions validated by the people they are interviewing as the internet.
But when it comes time to purchase stock in a particular company, a stock market analyst can often get their forecasts wrong.
So what makes the internet’s predictions so accurate?
It turns out the internet is full of people with insider knowledge, and those insider knowledge is often not public.
That is, they know things that are highly unlikely, but also things that most people don’t.
That means a stock analyst who makes a poor forecast can make a pretty good one.
According to a recent study by the Financial Times, one-third of all internet predictions are wrong, and another quarter of them are more accurate.
So, why does the internet give the stock market its forecasts?
In a nutshell, it has a big advantage over the internet: it is a decentralized platform, and it doesn’t require people to submit their financial information to the site.
The market doesn’t have to be regulated, and the system is decentralized.
And the data it provides is completely open, so any analyst can read it and make up their own forecasts.
That doesn’t mean, however, that the prediction markets can’t be more accurate: some analysts do, and some don’t, and a lot of people don, too.
And that’s the problem with predicting the market’s future: if your forecasts are too close to reality, you’ll be wrong.