Neural Networks

[Joshuatree]

Common sense approach being ?

[SBQ]

Common sense approach being ?

The common sense approach seeing the behaviour of consumers and how corporate responds to their demand.

For several decades, Wall Street has employed the top mathematicians, the brightest graduates from Harvard, Yale, Stanford, etc in the area of Finance and Economics... to prove that they could do better investing than the 'market return'. They come out with all sorts of ideas like TA, your neural networks, fundamental analysis, and they crunch down the numbers. You know what? They ALL failed. So then they go out and try it again.. and they failed. You've got to wonder why there is such a huge industry of stock pickers (ie. actively managed funds) and they do worse than the market index return on a "CUMULATIVE BASIS" say over 10 years ????