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Ken Fisher on Double-Digit Returns and Beating the Consensus

Wednesday, February 15, 2017 11:56
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“On balance, the things that professional forecasters represent … are a compilation of all widely known information, which is exactly what markets discount and pre-price,” he said. At the beginning of any year, professional forecasters lay out their views and have already placed their bets. These predictions are therefore pre-priced.

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