trendfollowing's Commentaries

Feb 12 2009

Why Can’t Economists Get It Right? Because They Don’t Go To Las Vegas

The article is titled “Why Can’t Economists Get It Right? Because They Don’t Go To Las Vegas”. Sounds plausible. Makes good points, but ultimately why does it matter whether an economist gets it right or wrong? Unless they are offering a precise trading strategy, opinions and predictions, whether right or wrong, mean squat. The average person needs more precision than simply a good indicator that cement demand will be down, they need rules to make money if cement doesn’t go down.



Tags: systems-trading
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