Repetitive patterns can build nice neat statistical formulas that give us a good chance to be correct most of the time. The problem with that belief is the recognition that we won’t be right all of the time and some of the time, when we are wrong, the results are costly.
Do you really think that you are good enough to beat the market? If not, Lars Kroijer explains how you can invest simply in low-cost alternatives. It's easier, cheaper, and for many investors, likely to produce better results.
Several days ago CFA Institute sat down with a man who has his finger on the pulse of the markets better than most, Phil Pearlman, executive editor of StockTwits.
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