Also,I can foresee a time where we all get sick of lugging them around all day every day. Not sure what the alternative would be off the top of my head but,yeah,nothing is forever. Maybe the dreaded microchip and some sort of VR! hahaha
So a bakers dozen replies so far showing no ability to accurately guess next 5 minutes. Same as TA thread. Got it. But only "TA is junk". Go that too.
Yeah, in retrospect, that other thread is a bit embarrassing. Two days ago, I asked the moderator to delete my posts in that thread, but he refused. And so I piled on some more yesterday. It's just that longandshort reminds me of marketsurfer in that I know he's smarter than the stupid questions he asks. Intentional obtuseness just gets my goat. I suppose it doesn't help that there is no arguing about the value of FA, whereas a lot of BS passes for TA that compromises its overall credibility.
Would it be right that unless you're a longer term Investor like Buffett etc, Fundamentals can be harder due to the number of variables and the problem of also weighing the importance of those variables? Get it right like Buffett, Munger, Lynch, Soros, Burry et al and it can be a Goldmine.
I first learnt that at University. Technical Analysis was taught as being a bit unreliable, even by the Finance lecturers. I guess the big boys spend more time on the Fundamentals, whereas the Retail need T/A to follow in the shadows of those big boys.
TA is primarily pitched to retail by discount brokers and “educators” (who don’t make a living off their pnl), as a way to induce orders. Fundamental equity research is hard which scares away a lot of retail. Discount brokers would be starving for order flow if they didn’t preach TA. It’s the qanon of trading.