Wall Street Analysts Are Embarrassingly Bad At Predicting The Future, Study Finds
The researchers looked at a database of long-term growth forecasts made for all domestic companies listed on a major stock exchange. The forecasts are made in December each year, and predict how well a company’s stocks will do over the next three to five years. From 1981 to 2016, they found that the top 10 Read more about Wall Street Analysts Are Embarrassingly Bad At Predicting The Future, Study Finds[…]