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I actually don't know what "market predictability" means. Like, the market is never predictable, right? That's why most money managers don't consistently make b
by asdfasgasdgasdg 5y ago
I actually don't know what "market predictability" means. Like, the market is never predictable, right? That's why most money managers don't consistently make big profits. Is this a notion that can be quantified? Can you cite some evidence for what you've said?
Anyway, the person I was responding to said volatility and that is the metric I cited.
- jorvi 5y agoThe market is predictable, just on a macro level and on long timescales. Look at the S&P return per 10 years for the last couple of decades.