FYI: There are several Connecticut-based birthday party clowns selling retail investors and the Hedge Fund Hopeful crowd a market analytics and data subscription product via email. The clown car pulls up every morning with “actionable” “ideas” and “insights” for boys and girls of all ages to enjoy. But not all of the purveyors of these products are outwardly making the claim that their subscribers can use this “data” and “perspective” to beat the stock / bond /currency markets on a consistent basis. It’s mostly harmless fun.
One of them, however, is absolutely nudging people along into his funnel with this very conceit. He wears a blazer in YouTube interviews, so you know it’s all meant to be taken super seriously.
He is frequently saying that his “information” is what investors need in order to anticipate what’s going to happen in the future and prosper from it. I’m embarrassed for everyone involved – the subscribers (both amateurs and professionals) who should know better, the social media followers who have bought in to the bullshit, the man himself, who is a ridiculous person, etc.
He’s not registered with any regulatory bodies and has no dollars under management in any accounts that he oversees, so the risk to him in making claims like these is precisely zero.
Regards,
Ted
https://thereformedbroker.com/2019/01/09/delusions/
