The team then tracked the prices of the recommended stocks from the day the videos were posted up until June 21, 2024.
The most profit that an investor could have generated from a single stock would have been Nvidia, which grew 63.08% in the period surveyed.
If a person invested $1,000 in every stock recommended in the one video that got the most bets right, the gains would have amounted to $4,860.
On the other hand, putting money into all the stocks recommended in the video that got most bets wrong would have led to a loss of $1,517.
"Furthermore, a single period coincident result does not translate to a definitive conclusion of predictability in the long run."
Persons:
Dado Ruvic, Let's, —, Gerald Wong, Wong, Jeremy Tan, Jiang Zhang, — Zhang, Tan
Organizations:
Reuters, Nvidia, Qualcomm, Google, Ginkgo, Holdings, CNBC, Tiger Fund Management, Management, Investor
Locations:
York, Singapore