Stock-picking is still in vogue with Gordon Fowler, CEO of the $24 billion Glenmede Trust fund. A recent Barron’s article describes the process employed by his team. “Every morning, Fowler…
Day: August 2, 2016
The Forecaster and the Dart-Throwing Chimp
The ability to predict the future sounds pretty enticing, but few (if any) are any good at it. In 2005, Wharton professor Philip Tetlock studied how ‘experts’ did at forecasting,…