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The Value of Predictions, or Where'd All This Rain Come From?

To be valuable, a prediction of stock or bond market movements not only has to be right, it has to be right when the consensus is wrong.

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Published in:Financial analysts journal 1993-11, Vol.49 (6), p.6-8
Main Author: Marks, Howard S.
Format: Article
Language:English
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container_issue 6
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container_title Financial analysts journal
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creator Marks, Howard S.
description To be valuable, a prediction of stock or bond market movements not only has to be right, it has to be right when the consensus is wrong.
doi_str_mv 10.2469/faj.v49.n6.6.2
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identifier ISSN: 0015-198X
ispartof Financial analysts journal, 1993-11, Vol.49 (6), p.6-8
issn 0015-198X
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source Taylor & Francis Business Management & Economics Modern Archive; International Bibliography of the Social Sciences (IBSS); Business Source Ultimate【Trial: -2024/12/31】【Remote access available】; JSTOR Archival Journals and Primary Sources Collection; ABI/INFORM Global
subjects Bond market
Drought
Earnings
Economic forecasts
Employment forecasting
Financial investments
Forecasts
Gross national product
Guest Speaker
High yield investments
Interest rates
Investors
Junk bonds
Portfolio performance
Prices
Probability forecasts
Profit forecasting
Profits
Securities markets
Stock exchange
Stock prices
Stocks
Trends
title The Value of Predictions, or Where'd All This Rain Come From?
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