Making predictions

Posted: February 22, 2011 in Uncategorized
Tags: , ,

Excellent Scientific American piece by Michael Shermer (don’t miss his website)  on financial, economical and political predictions. Plus a host of interesting data: http://www.scientificamerican.com/article.cfm?id=financial-flimflam

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Comments
  1. This is the reason because ETF are the better choice for quite all investors. If we add that ETF fee is smaller …
    Michael Shermer’S website is great but do you know cicap’s one (www.cicap.org)? It’s great too … and one of its leader (Polidoro) is born in our country

  2. Sure. Although we should not take that as a golden rule.

    The parity between managed funds and ETFs is real only statistically. Locally, in both space and time, you can find managed funds that beat ETFs.

    As a general rule, you are more likely to find those in stock markets that aren’t much liquid, large and “transparent”. I.e.: in Wall Street, go for ETFs; in less developed financial geographies, you’ll be better off with selected managed funds.

    [I sure know Cicap, it’s cool (although more limited in scope)]

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