Prediction evidence

Matt Hougan says social trading is a 25-year-old story that keeps coming back, only now it’s easier to follow "That's an old story. The thing about FOMO is, we've seen that before. If you go back like twenty-five years, there was Marketocracy, which was the same thing for stock trading." "I feel like this is a story that emerges every five to ten years." "Of course, statistically, some percentage of those wallets will be at the top of the leaderboard. It's now easier to follow them, so maybe it's more persistent." "But I do think the returns, as you said, it's like 4% are beating the market or something. I think it's gonna be a challenging place for returns." "But I suspect that social trading will continue to grow. I'm still sort of bullish on the trend. I'm not sure the outcomes will be great."