Reviewing Forecasters – The Guru Grade
Posted on | March 18, 2010 | No Comments
After listening to the noise, er, Financial bobble heads, I have often thought, wouldn’t it be great if someone recorded what these idiots said and then held them to their predictions. Well it turns out their is a place that has at least partially granted my wish. It is called CXO Advisory Group (Yes, I know it is a very sexy name) and they have something they call the guru grade. To be honest I really wish they had this for economists, because my perception is that economists are more wrong (My Talebian influence coming through) than the gurus that are currently being measured, and just 14 out of 35 them have a 50% or better success rate. Obviously, I am not an economist. Feel free to bash the film business. I will probably agree with you.
CXO Advisory is not just Guru Grade. As described on their website they, “… present models, research summaries, analyses and reviews designed for objective, unique and concise value to serious individual investors and traders, financial advisors and fund managers – a modicum of actionable conclusions found in a very noisy environment. The default approach is to challenge any and all conventional market wisdom with analytical skepticism.”
They have research that suggests what works and doesn’t work, including technical analysis. This is an interesting value investing link, none the less.
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