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Is security analysis a science?

By John Schroy, on July 28th, 2009 | Leave a comment
Predicting the future is often not scientific.

A pretense of scientific basis has weakened the usefulness of security analysis in the modern era. Fancy mathematics serve to cloud the minds of investors.

The collapse of Long Term Capital Management and the Crash of 2008 were assisted by the injection of ‘junk science’ into investment decisions.

Can (or should) security analysis be considered ’scientific’?

July 28th, 2009 | Print Article | Email Article Email Article | Topics: , , , | Category: Security Analysis | Leave a comment | Short url

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