> The conclusion was that superforecasters' ability to filter out "noise" played a more significant role in improving accuracy than bias reduction or the efficient extraction of information.
>In February 2023, Superforecasters made better forecasts than readers of the Financial Times on eight out of nine questions that were resolved at the end of the year.[19] In July 2024, the Financial Times reported that Superforecasters "have consistently outperformed financial markets in predicting the Fed's next move"
>In particular, a 2015 study found that key predictors of forecasting accuracy were "cognitive ability [IQ], political knowledge, and open-mindedness".[23] Superforecasters "were better at inductive reasoning, pattern detection, cognitive flexibility, and open-mindedness".
I'm really not sure what you want me to take from this article? Do you contend that everyone has the same competency at forecasting stock movements?
> The conclusion was that superforecasters' ability to filter out "noise" played a more significant role in improving accuracy than bias reduction or the efficient extraction of information.
>In February 2023, Superforecasters made better forecasts than readers of the Financial Times on eight out of nine questions that were resolved at the end of the year.[19] In July 2024, the Financial Times reported that Superforecasters "have consistently outperformed financial markets in predicting the Fed's next move"
>In particular, a 2015 study found that key predictors of forecasting accuracy were "cognitive ability [IQ], political knowledge, and open-mindedness".[23] Superforecasters "were better at inductive reasoning, pattern detection, cognitive flexibility, and open-mindedness".
I'm really not sure what you want me to take from this article? Do you contend that everyone has the same competency at forecasting stock movements?