Lessons in investing

Lesson 3: How predictable are the markets?

The financial media loves to tell us which way the markets are heading and spot the 'hot tips' they reckon the other pundits have missed. But just how good are they at getting it right? Is it possible to forecast market falls or rises at any one point in time? Or are they inherently unpredictable?

AcuityINSIGHT: Double double toil and troubleIn this issue we write about a topic the media have been putting out recently. Is the market in an AI bubble? In reality we will not know without the benefit of hindsight. An efficient market fundamentalist will firmly believe that bubbles cannot exist (markets prices being a reflection of cashflow

AcuityINSIGHT: Tilt, don't tinkerIn today’s markets, it can be tempting to react to headlines highlighting the concentrated performance of U.S. and technology stocks. However, history shows that market leadership shifts over time—this is not a new phenomenon. Rather than making significant changes in response to short-term narrativ

AcuityINSIGHT: The unseen screening processWhile changes to portfolios may not always be frequent or visible, there is a great deal happening behind the scenes to ensure every investment is thoroughly screened and remains best in class. This issue offers a look at the rigorous process and attention to detail that underpin recommendations, an

Lessons in investing

Lesson 3: How predictable are the markets?

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