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>>3509655
>predicting the weather doesn't work and all speculation.
stay poor poor fag

>>3509684
That's actually a really good analogy.

>>3509655
>why aren't they keeping it to themselves?
They're done accumulating

>>3509684

Predicting the weather means that everything forecast has to stay right.

You have no idea if the cloud will stay, if it'll disappear, if it'll be foggy tomorrow morning, nothing.

I bet you play the lotto too faggot.

>>3509707

No, they'll say that their method is the best in the world "making 100K/month from home" and when you sign up you pay for seminars, webinars and coaching books.

They're not done accumulating, They're capitalising off your and the worlds stupidity.

>>3509709
All I have to know is if it will be raining or sunny tomorrow and the weather is pretty accurate at telling me that.

>>3509756

Look, I'm not talking about the weather, I'm talking about the stock market for any stock to hit a number to the nearest cent that they predict it will, everything has to go right.

But the precision is never accurate.

The stocks that they say are undervalued will gain value because everyone's buying them now. The supply of the stock is limited and the demand is greater than before. However they'll take a very long time to hit the price target or never hit the price target.

People will buy it thinking it'll hit it's price target in the next few days or minutes and when that doesn't happen they sell.

First in best dressed the only people who profit from the predictions from analysts are the quickest ones.

>>3509871
But all you have to know to make money is whether it'll go up or down. You just need to be right 51% of the time to make money.

>>3509937

While you are correct that only happens in a rising economy if you hold popular assets for the long term. There are so many circuit breakers that stop a market from going down but there are not any regulations on how high it can go.

If you're content on only being right 51% of the time you do you.

When the Great Depresion hit in 1929 Benjamin Grahams fund still returned 3% which was better than any other fund. Investing in value and not just a price will prove much more successful than investing in price.

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>There will never be a single equation to determine the price of something crypto, stock or bonds etc. You're trying to get precision in an imprecise world.
That is wrong, it theoretically possible to predict everything that mankind will ever do, given enough computing power.

>Analysts that predict any price of anything are speculators and have legit no idea what they're talking about when determining stocks to the cent are nothing but speculations
If I am playing roulette and I know that it is impossible for the ball to hit 2,4,13 and 34; I am playing a totally different game when compared to the clueless morons that know nothing.

>The only reason stocks talked about move is because the herd of institutional investors and money managers influencing it with day-trading.
I don't think that you understand human behavior at all.

>For speculations to be right everything has to go right.
Already answered that.

>The Efficient Market Hypothesis taught to academics is frequently wrong.
That is because of socialism.

>The stock market is for the long term. Mediocre returns and matching S&P500 performance are now considered normal because of how trash money managers and traders actually are.
That is bullshit, you can have your stocks crash and burn at the short, medium and long term range.

>If someone is offering you advice that "will make you rich" why aren't they keeping it to themselves?
That is only true if said advice is given for free. There are people that will live and die based on the quality of their advice.

>Do your own research. Never invest in something you have no idea how it works
Is there anyone who does not do that?

>If you allow the stock market to guide you then you're better off having someone else manage your money.
The only reason to let someone else manage your money is if you suddenly inherit much more money than what you are used to manage - and even then, it should be a temporary fix.

Meanwhile, can /biz/ rate my thinking room?

>>3509655
why do normies think that anything remotely stochastic is fully random

>>3509655
>>There will never be a single equation to determine the price of something crypto, stock or bonds etc. You're trying to get precision in an imprecise world.
I'm working on one for certain markets where, yes, you can say how much the market cap has to be. It only works for a narrow set of coins though. BAT would be one of the few well known examples.

>>3509655
>The Efficient Market Hypothesis taught to academics is frequently wrong.
Yes, but you don't have to assume that.
>If someone is offering you advice that "will make you rich" why aren't they keeping it to themselves?
If you are poor, fame can do a lot. As could a Nobel Prize. Keeping somethi

>>3510533
>>If someone is offering you advice that "will make you rich" why aren't they keeping it to themselves?
Keeping something a secret only matters if you have the resources to exploit it. Also, I doubt the type of valuations I am working on would be super profitable for traders. They would be more important to those designing coin markets.

>>3509655
That is correct

>>3510299
Lmao

>>3509655
>>The stock market is for the long term. Mediocre returns and matching S&P500 performance are now considered normal because of how trash money managers and traders actually are.
So you are bad are your job?
>>There will never be a single equation to determine the price of something crypto, stock or bonds etc. You're trying to get precision in an imprecise world.
Renaissance technologies makes BILLIONS each year trading with "equations"

>>3509693
I don't think it is. Weather is a complex system, crypto is an uncertain context. Crypto depends on subjective human choices, this is what makes it truly unpredictable.

>>3509655

>The stock market is for the long term. Mediocre returns and matching S&P500 performance are now considered normal because of how trash money managers and traders actually are.

The S&P 500 and it's returns has nothing to do with trading you massive retard. It only used as a benchmark in order to measure performance. There are plenty of ways to double or triple your money in the stock market