I am quoting this from Naseem Taleeb's the black swan:
Financial analysts, experts, strategists, portfolio managers generally don't posses much knowledge about the market, but general public listens to their opinion
Many "experts", like economists, are no better at predicting than regular people.
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I wonder if bankers fall in this category.
I am quoting this from Naseem Taleeb's the black swan:Financial...
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