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Paul Farrell, Marketwatch: Wall Street will lose 20% by 2016

Created by RandomThinker on 2012-09-23; known on 2017-01-01; judged wrong by gwern on 2017-01-01.

  • RandomThinker estimated 25% on 2012-09-23
  • RandomThinker said “I’ll give it to him if it drops more than 20%. Measure by S&P 500 index http://www.marketwatch.com/Story/story/print?guid=4084BF76-035A-11E2-ABC8-002128049AD6on 2012-09-23
  • RandomThinker said “sorry, 20% or moreon 2012-09-23
  • William-Quixote estimated 20% on 2012-09-23
  • gwern estimated 25% and said “current index value: 1460. Will judge as right if the S&P is ever <=1168 by 1 January 2016.on 2012-09-23
  • JoshuaZ estimated 31% on 2012-09-24
  • RandomThinker said “@gwern I think it shouldn’t be ever <=. At first I thought it should be <= in 2016 on the end date, but that’s a bit unfair to Paul Farrell. So let’s make it <=1168 anytime in the year 2016. on 2012-09-24
  • RandomThinker changed the deadline from “on 2016-09-23on 2012-09-24
  • RandomThinker said “@gwern if you look at his example of 20% between 2000 and 2010, he’s talking about the end points. Otherwise he would say market is dropping 50%. on 2012-09-24
  • themusicgod1 estimated 36% and said “running out of time.on 2016-10-10
  • gwern   judged this prediction wrong on 2017-01-01.