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Do you think Wall St. analysts have a history of being correct? Most are wrong more than they are right. This guy is pretty good, but he was late to the game. h
by gitfan86 5y ago
Do you think Wall St. analysts have a history of being correct? Most are wrong more than they are right. This guy is pretty good, but he was late to the game. https://markets.businessinsider.com/news/stocks/here-s-why-morgan-stanley-bumped-up-tesla-s-price-target-by-33-1030894136 https://markets.businessinsider.com/news/stocks/here-s-why-m...
This link shows the change in demand for EVs https://www.iea.org/data-and-statistics/charts/global-sales-and-sales-market-share-of-electric-cars-2010-2021 https://www.iea.org/data-and-statistics/charts/global-sales-...
- kqr 5y agoThe fact that our best performing models for the risk-neutral price of equities are unbiased random walks tell me that yes, in aggregate, Wall Street is really good at being correct.