Comment by throw0101d
1 hour ago
> I look forward to your weather report too: "It's always sunny outside until one day it starts raining. Every time."
I once ran across the comment that if you simply predict tomorrow's weather will be the same as today's you'd be correct 80% of the time. Not sure how true that is (can't find the source).
Allegedly momentum investing does pretty well:
* https://en.wikipedia.org/wiki/Momentum_investing
(I'm more of an index guy myself.)
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