Research Study from Behavioral finance and Neuroeconomics. The Futility of Forecasting due to the incredible complexity of the stock market.

The Futility of Forecasting Having established that most investors—professional and amateur—underperform the market, the obvious question is, why? After all, professional investors are, for the most part, intelligent people. Just about all of them have college degrees, some from very prestigious schools, and they are required to pass multiple licensing examinations before being allowed to