Reblog: One Million Market Beaters


The article is written by Michael Batnick, CFA, Director of Research at Ritholtz Wealth Management. The original article appears here.

Uncertainty remains, but Florida is in the cross hairs.

What to expect today after tornado outbreak.

Why we’re watching Gaston closely now.

These headlines were pulled from a few articles today at weather.com. You could seamlessly replace Florida, tornado, and Gaston with a stock because like the weather, markets are highly complex with countless variables that can’t fully be modeled.

In his highly entertaining book, But What If We’re Wrong, Chuck Klosterman talks about how much money has been spent trying to predict the weather:

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