View Single Post
  #51  
Old 11-24-2007, 04:33 PM
spider spider is offline
Senior Member
 
Join Date: Sep 2004
Location: Wash DC
Posts: 592
Default Re: Four Ways To Use My Ideas

[ QUOTE ]
For those who don't want to wade through all this lets put it more simply. Get good at predicting what to expect the market will make a stock price. If you are right, and you disagree, and you know what you are doing, you have a certain edge.

[/ QUOTE ]

OK, so the key point is that identifying current mispricings is nice, but being able to identify future mispricings is even better.

Sure, no one could really argue with that, and if you have that ability to a significant degree, you should be filthy rich in a short period of time.

But, damn, no one seems to be talking about how hard this is. Hard is probably an understatement, impossible is probably closer to the truth. I mean, predicting the weather 3 days out is hard, predicting the S&P 500 3 days out? Think about it. Seriously.
Reply With Quote