{"id":1984551,"date":"2014-04-22T10:24:34","date_gmt":"2014-04-22T04:54:34","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=1984551"},"modified":"2014-09-09T12:26:29","modified_gmt":"2014-09-09T06:56:29","slug":"whatsnexters-horoscopes-personal-experiences","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2014\/04\/22\/whatsnexters-horoscopes-personal-experiences\/","title":{"rendered":"Of whatsnexters, horoscopes and personal experiences"},"content":{"rendered":"<h3>Can Stock Market Forecasters Forecast?<\/h3>\n<p>It&#8217;s time we stopped listening to the \u201cwhatsnexters.\u201d These folks are everywhere in the financial media pontificating confidently about what they can&#8217;t possibly know \u2014 what&#8217;s next for the economy or the stock market.<\/p>\n<p>Read: <a href=\"http:\/\/www.marketwatch.com\/story\/dont-let-market-pundits-lead-you-astray-2014-04-18\/print?guid=3510270A-DCEC-4E18-80EF-91AB309338CC\" target=\"_blank\">Don&#8217;t let market pundits lead you astray<\/a><\/p>\n<h3>Good to Great<\/h3>\n<p>The story of success swarms statistics. And there\u2019s always enough random success to justify almost anything to someone who wants to believe.<\/p>\n<p>Read: <a href=\"http:\/\/janav.wordpress.com\/2014\/04\/12\/stories-triumph-statistics\/\" target=\"_blank\">Stories triumph Statistics<\/a><\/p>\n<h3>A case for rules-based investment methodology<\/h3>\n<p>Our personal experiences disproportionately impact our investing behavior. By simply repeating investing behaviors that resulted in good outcomes for us in the past, and avoiding those that resulted in poor outcomes, we\u2019re potentially eliminating important information that could help future investment performance.<\/p>\n<p>Read: <a href=\"http:\/\/www.blackrockblog.com\/2014\/04\/11\/bad-investor-behavior\/?utm_medium=spredfast&amp;utm_content=Blog&amp;utm_source=BLK_Twitter&amp;sf24901361=1\" target=\"_blank\">Bad Investor Behavior: Overemphasizing Experience<\/a><\/p>\n<h6 class=\"zemanta-related-title\" style=\"font-size: 1em\">Related articles<\/h6>\n<ul class=\"zemanta-article-ul\">\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/stockviz.biz\/index.php\/2013\/09\/28\/the-little-book-of-behavioral-investing-forecasting-is-a-sham\/\">The Little Book of Behavioral Investing: Forecasting is a Sham<\/a> (stockviz.biz)<\/li>\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/stockviz.biz\/2014\/04\/15\/study-reveals-economists-suck-making-predictions\/\">Study reveals why economists suck at making predictions<\/a> (stockviz.biz)<\/li>\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/stockviz.biz\/index.php\/2013\/06\/18\/the-illusion-of-knowledge\/\">The illusion of knowledge<\/a> (stockviz.biz)<\/li>\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/stockviz.biz\/index.php\/2014\/03\/05\/seersucker-theory\/\">The Seersucker Theory<\/a> (stockviz.biz)<\/li>\n<li class=\"zemanta-article-ul-li\"><a href=\"http:\/\/stockviz.biz\/2014\/04\/04\/reel-life-vs-real-life\/\">Reel Life vs. Real Life<\/a> (stockviz.biz)<\/li>\n<\/ul>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px;height: 15px\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: none;float: right\" alt=\"\" src=\"http:\/\/img.zemanta.com\/pixy.gif?x-id=ddd832df-fdaa-43ea-82ff-487cfc31e26f\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Can Stock Market Forecasters Forecast? It&#8217;s time we stopped listening to the \u201cwhatsnexters.\u201d These folks are everywhere in the financial media pontificating confidently about what they can&#8217;t possibly know \u2014 what&#8217;s next for the economy or the stock market. Read: Don&#8217;t let market pundits lead you astray Good to Great The story of success swarms &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471,9],"tags":[3251],"class_list":["post-1984551","post","type-post","status-publish","format-standard","hentry","category-investing-insight","category-your-money","tag-behavioral-finance","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1984551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=1984551"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1984551\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=1984551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=1984551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=1984551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}