In fact track record is perhaps one of the most important things of all when deciding wherever to even engage with the argument in the first.
Ironic given this article is from CNBC, employer of Cramer, host of "Mad Money", who has been so inconsistently wrong that his picks have literally sparked an ETF. Just search using your engine of choice "Inverse Cramer ETF".
I work in finance. Past performance is not a guarantee of future returns, but is a damn good indicator, which is why everyone always wants to see your past performance anyways.
Unless it's about stock picking, when the winners in one year of doing good stock picking are no better in the next than any other random stock picker.
Of course both had too short a lifetime to draw a conclusion due to lack of interest and this was pre-AI so maintaining the positions was difficult. But it’s important to remember that Jim Cramer fails to beat the market, not that he’s an inverse oracle.
…which, in a normal sane world, would affect the stock price?
2 trillion is a lot. I’m skeptical, for the same reasons listed in the report.
Its has nothing to do with Dario, and mostly to do with Chinese open weight models.
I feel like that statement is one of mans' biggest foot-guns in the modern world.
that single sentence has driven the biggest hucksters the world has known to commit the biggest frauds ever perpetrated against man for decades.