Thursday, May 13, 2010

The Ig-Nobel and Market Predictions - Experts or Astrologers



"The first Ig Nobels were awarded in 1991, at that time for discoveries "that cannot, or should not, be reproduced".  The wikipedia post on these prizes makes an excellent read, something that should not be missed at all.See Wikipedia on Ig-Nobel. I sincerely hope some researcher coveting the Ig-nobel prize shall compare the accuracy of predictions made by "expert" traders with those made by astrologers regarding market movements. They can get all the required data on moneycontrol.com.