The Business of the Financial Gurus

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  • 7/28/2019 The Business of the Financial Gurus

    1/2

    Am azing Facts

    CXO Advisory reported in February 2013 results of a survey of 6,459 so-calledgurus who give U.S market advice that is a matter of public record. Forecasts

    graded showed 46.9% terminal accuracy in the period Dec 1998 - Dec 2012.

    The highest accuracy reported by CXO Advisory was 68.2% in 44 forecasts.

    Robert Prechter was bottom of the list below with an accuracy of 21.7% in just 23forecasts. Popular TV presenter Jim Cramer was about average with 46.8%

    accuracy in 62 forecasts.

    Guru ForecastsAccuracyGuru ForecastsAccuracyDavid Nassar 44 68.2% Doug Kass 178 47.6%

    Jack Schannep 61 66.7% Jeremy Grantham 37 47.5%Ken Fisher 115 65.0% Don Hays 85 47.1%

    David Dreman 44 63.6% James Stewart 115 47.0%James Oberweis 35 62.9% Marc Faber 154 47.0%

    Louis Navellier 149 59.9% Richard Band 31 46.9%Jason Kelly 125 59.4% Jim Cramer 62 46.8%Dan Sullivan 115 59.1% Gary D. Halbert 93 46.4%John Buckingham 17 58.8% Dennis Slothower 144 45.3%

    Cabot Market

    Letter48 58.8% Jim Jubak 141 44.2%

    Steve Sjuggerud 49 58.5% Bill Cara 198 44.2%Richard Moroney 55 56.4% Tim Wood 182 43.8%

    Carl Swenlin 125 55.4% Martin Goldberg 109 43.1%Jon Markman 36 55.3% Price Headley 348 42.0%

    Aden Sisters 39 54.8% Gary Savage 119 41.9%Bob Doll 161 54.7% Linda Schurman 57 41.4%

    Paul Tracy 52 53.8% Donald Rowe 69 40.6%Bob Brinker 44 53.3% Igor Greenwald 37 40.5%

    Mark Arbeter 230 53.2% Bob Hoye 54 40.4%

    Gary Kaltbaum 144 53.1% John Mauldin 211 39.9%Robert Drach 19 52.6% Nadeem Walayat 66 39.7%Don Luskin 201 52.0% Jim Puplava 43 39.5%

    Laszlo Birinyi 27 51.9% Comstock Partners 203 39.3%

    Tobin Smith 281 50.2% Gary Shilling 40 37.5%James Dines 39 50.0% Bill Fleckenstein 148 37.3%Ben Zacks 32 50.0% Richard Russell 166 36.9%

    http://www.cxoadvisory.com/3382/individual-gurus/david-nassar/http://www.cxoadvisory.com/19181/individual-gurus/doug-kass/http://www.cxoadvisory.com/3754/individual-gurus/jack-schannep/http://www.cxoadvisory.com/3200/individual-gurus/jeremy-grantham/http://www.cxoadvisory.com/3190/individual-gurus/ken-fisher/http://www.cxoadvisory.com/3255/individual-gurus/don-hays/http://www.cxoadvisory.com/2863/individual-gurus/david-dreman/http://www.cxoadvisory.com/2863/individual-gurus/david-dreman/http://www.cxoadvisory.com/4265/individual-gurus/james-stewart/http://www.cxoadvisory.com/3395/individual-gurus/james-oberweis/http://www.cxoadvisory.com/2875/individual-gurus/marc-faber/http://www.cxoadvisory.com/3385/individual-gurus/louis-navellier/http://www.cxoadvisory.com/2603/individual-gurus/richard-band/http://www.cxoadvisory.com/3328/individual-gurus/jason-kelly/http://www.cxoadvisory.com/2809/individual-gurus/jim-cramer/http://www.cxoadvisory.com/2809/individual-gurus/jim-cramer/http://www.cxoadvisory.com/4272/individual-gurus/dan-sullivan/http://www.cxoadvisory.com/3252/individual-gurus/gary-halbert/http://www.cxoadvisory.com/4272/individual-gurus/dan-sullivan/http://www.cxoadvisory.com/3770/individual-gurus/dennis-slothower/http://www.cxoadvisory.com/12544/individual-gurus/cabot-market-letter-outlooks/http://www.cxoadvisory.com/12544/individual-gurus/cabot-market-letter-outlooks/http://www.cxoadvisory.com/3318/individual-gurus/jim-jubak/http://www.cxoadvisory.com/6093/individual-gurus/steve-sjuggerud/http://www.cxoadvisory.com/2781/individual-gurus/bill-cara/http://www.cxoadvisory.com/3378/individual-gurus/richard-moroney/http://www.cxoadvisory.com/3378/individual-gurus/richard-moroney/http://www.cxoadvisory.com/4311/individual-gurus/tim-wood/http://www.cxoadvisory.com/4279/individual-gurus/carl-swenlin/http://www.cxoadvisory.com/3198/individual-gurus/martin-goldberg/http://www.cxoadvisory.com/3198/individual-gurus/martin-goldberg/http://www.cxoadvisory.com/2889/individual-gurus/jon-markman/http://www.cxoadvisory.com/2889/individual-gurus/jon-markman/http://www.cxoadvisory.com/3262/individual-gurus/price-headley/http://www.cxoadvisory.com/3262/individual-gurus/price-headley/http://www.cxoadvisory.com/5782/individual-gurus/aden-sisters/http://www.cxoadvisory.com/14562/individual-gurus/gary-savage-tracking-smart-money/http://www.cxoadvisory.com/2848/individual-gurus/bob-doll/http://www.cxoadvisory.com/3758/individual-gurus/linda-schurman/http://www.cxoadvisory.com/4292/individual-gurus/paul-tracy/http://www.cxoadvisory.com/3579/individual-gurus/donald-rowe/http://www.cxoadvisory.com/2745/individual-gurus/bob-brinker/http://www.cxoadvisory.com/2745/individual-gurus/bob-brinker/http://www.cxoadvisory.com/3210/individual-gurus/igor-greenwald/http://www.cxoadvisory.com/2480/individual-gurus/mark-arbeter/http://www.cxoadvisory.com/2886/individual-gurus/bob-hoye/http://www.cxoadvisory.com/3323/individual-gurus/gary-kaltbaum/http://www.cxoadvisory.com/3338/individual-gurus/john-mauldin/http://www.cxoadvisory.com/2855/individual-gurus/robert-drach/http://www.cxoadvisory.com/9681/individual-gurus/nadeem-walayats-oraculations/http://www.cxoadvisory.com/3333/individual-gurus/don-luskin/http://www.cxoadvisory.com/3333/individual-gurus/don-luskin/http://www.cxoadvisory.com/3553/individual-gurus/jim-puplava/http://www.cxoadvisory.com/2738/individual-gurus/laszlo-birinyi/http://www.cxoadvisory.com/2794/individual-gurus/comstock/http://www.cxoadvisory.com/2794/individual-gurus/comstock/http://www.cxoadvisory.com/4249/individual-gurus/tobin-smith/http://www.cxoadvisory.com/4249/individual-gurus/tobin-smith/http://www.cxoadvisory.com/3767/individual-gurus/gary-shilling/http://www.cxoadvisory.com/2822/individual-gurus/james-dines/http://www.cxoadvisory.com/3193/individual-gurus/bill-fleckenstein/http://www.cxoadvisory.com/4317/individual-gurus/ben-zacks/http://www.cxoadvisory.com/4317/individual-gurus/ben-zacks/http://www.cxoadvisory.com/3585/individual-gurus/richard-russell/http://www.cxoadvisory.com/3585/individual-gurus/richard-russell/http://www.cxoadvisory.com/4317/individual-gurus/ben-zacks/http://www.cxoadvisory.com/3193/individual-gurus/bill-fleckenstein/http://www.cxoadvisory.com/2822/individual-gurus/james-dines/http://www.cxoadvisory.com/3767/individual-gurus/gary-shilling/http://www.cxoadvisory.com/4249/individual-gurus/tobin-smith/http://www.cxoadvisory.com/2794/individual-gurus/comstock/http://www.cxoadvisory.com/2738/individual-gurus/laszlo-birinyi/http://www.cxoadvisory.com/3553/individual-gurus/jim-puplava/http://www.cxoadvisory.com/3333/individual-gurus/don-luskin/http://www.cxoadvisory.com/9681/individual-gurus/nadeem-walayats-oraculations/http://www.cxoadvisory.com/2855/individual-gurus/robert-drach/http://www.cxoadvisory.com/3338/individual-gurus/john-mauldin/http://www.cxoadvisory.com/3323/individual-gurus/gary-kaltbaum/http://www.cxoadvisory.com/2886/individual-gurus/bob-hoye/http://www.cxoadvisory.com/2480/individual-gurus/mark-arbeter/http://www.cxoadvisory.com/3210/individual-gurus/igor-greenwald/http://www.cxoadvisory.com/2745/individual-gurus/bob-brinker/http://www.cxoadvisory.com/3579/individual-gurus/donald-rowe/http://www.cxoadvisory.com/4292/individual-gurus/paul-tracy/http://www.cxoadvisory.com/3758/individual-gurus/linda-schurman/http://www.cxoadvisory.com/2848/individual-gurus/bob-doll/http://www.cxoadvisory.com/14562/individual-gurus/gary-savage-tracking-smart-money/http://www.cxoadvisory.com/5782/individual-gurus/aden-sisters/http://www.cxoadvisory.com/3262/individual-gurus/price-headley/http://www.cxoadvisory.com/2889/individual-gurus/jon-markman/http://www.cxoadvisory.com/3198/individual-gurus/martin-goldberg/http://www.cxoadvisory.com/4279/individual-gurus/carl-swenlin/http://www.cxoadvisory.com/4311/individual-gurus/tim-wood/http://www.cxoadvisory.com/3378/individual-gurus/richard-moroney/http://www.cxoadvisory.com/2781/individual-gurus/bill-cara/http://www.cxoadvisory.com/6093/individual-gurus/steve-sjuggerud/http://www.cxoadvisory.com/3318/individual-gurus/jim-jubak/http://www.cxoadvisory.com/12544/individual-gurus/cabot-market-letter-outlooks/http://www.cxoadvisory.com/12544/individual-gurus/cabot-market-letter-outlooks/http://www.cxoadvisory.com/3770/individual-gurus/dennis-slothower/http://www.cxoadvisory.com/4272/individual-gurus/dan-sullivan/http://www.cxoadvisory.com/3252/individual-gurus/gary-halbert/http://www.cxoadvisory.com/4272/individual-gurus/dan-sullivan/http://www.cxoadvisory.com/2809/individual-gurus/jim-cramer/http://www.cxoadvisory.com/3328/individual-gurus/jason-kelly/http://www.cxoadvisory.com/2603/individual-gurus/richard-band/http://www.cxoadvisory.com/3385/individual-gurus/louis-navellier/http://www.cxoadvisory.com/2875/individual-gurus/marc-faber/http://www.cxoadvisory.com/3395/individual-gurus/james-oberweis/http://www.cxoadvisory.com/4265/individual-gurus/james-stewart/http://www.cxoadvisory.com/2863/individual-gurus/david-dreman/http://www.cxoadvisory.com/3255/individual-gurus/don-hays/http://www.cxoadvisory.com/3190/individual-gurus/ken-fisher/http://www.cxoadvisory.com/3200/individual-gurus/jeremy-grantham/http://www.cxoadvisory.com/3754/individual-gurus/jack-schannep/http://www.cxoadvisory.com/19181/individual-gurus/doug-kass/http://www.cxoadvisory.com/3382/individual-gurus/david-nassar/
  • 7/28/2019 The Business of the Financial Gurus

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    Richard Rhodes 42 48.8% Mike Paulenoff 12 35.7%

    Bernie Schaeffer 81 48.8%Abby Joseph

    Cohen56 35.1%

    Stephen Leeb 27 48.3% Peter Eliades 29 34.5%

    S&P Outlook 145 48.3% Curt Hesler 92 33.0%Carl Futia 96 48.1% Steven Jon Kaplan 99 31.4%Clif Droke 97 48.1% Robert McHugh 128 28.9%Charles Biderman 48 47.9% Steve Saville 35 23.7%Trading Wire 69 47.8% Robert Prechter 23 21.7%

    http://www.cxoadvisory.com/3560/individual-gurus/richard-rhodes/http://www.cxoadvisory.com/3069/individual-gurus/how-about-mike-paulenoff/http://www.cxoadvisory.com/3746/individual-gurus/bernie-schaeffer/http://www.cxoadvisory.com/2789/individual-gurus/abby-joseph-cohen/http://www.cxoadvisory.com/2789/individual-gurus/abby-joseph-cohen/http://www.cxoadvisory.com/3330/individual-gurus/stephen-leeb/http://www.cxoadvisory.com/15412/individual-gurus/peter-eliades-cycling-the-markets/http://www.cxoadvisory.com/3516/individual-gurus/the-outlook-businessweek/http://www.cxoadvisory.com/6870/individual-gurus/curt-hesler-being-cautious/http://www.cxoadvisory.com/3195/individual-gurus/carl-futia/http://www.cxoadvisory.com/5245/individual-gurus/steven-jon-kaplan/http://www.cxoadvisory.com/2865/individual-gurus/clif-droke/http://www.cxoadvisory.com/2865/individual-gurus/clif-droke/http://www.cxoadvisory.com/3373/individual-gurus/robert-mchugh/http://www.cxoadvisory.com/2721/individual-gurus/charles-biderman/http://www.cxoadvisory.com/3740/individual-gurus/steve-saville/http://www.cxoadvisory.com/4297/individual-gurus/trading-wire-changewave/http://www.cxoadvisory.com/3525/individual-gurus/robert-prechter/http://www.cxoadvisory.com/3525/individual-gurus/robert-prechter/http://www.cxoadvisory.com/4297/individual-gurus/trading-wire-changewave/http://www.cxoadvisory.com/3740/individual-gurus/steve-saville/http://www.cxoadvisory.com/2721/individual-gurus/charles-biderman/http://www.cxoadvisory.com/3373/individual-gurus/robert-mchugh/http://www.cxoadvisory.com/2865/individual-gurus/clif-droke/http://www.cxoadvisory.com/5245/individual-gurus/steven-jon-kaplan/http://www.cxoadvisory.com/3195/individual-gurus/carl-futia/http://www.cxoadvisory.com/6870/individual-gurus/curt-hesler-being-cautious/http://www.cxoadvisory.com/3516/individual-gurus/the-outlook-businessweek/http://www.cxoadvisory.com/15412/individual-gurus/peter-eliades-cycling-the-markets/http://www.cxoadvisory.com/3330/individual-gurus/stephen-leeb/http://www.cxoadvisory.com/2789/individual-gurus/abby-joseph-cohen/http://www.cxoadvisory.com/2789/individual-gurus/abby-joseph-cohen/http://www.cxoadvisory.com/3746/individual-gurus/bernie-schaeffer/http://www.cxoadvisory.com/3069/individual-gurus/how-about-mike-paulenoff/http://www.cxoadvisory.com/3560/individual-gurus/richard-rhodes/