id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3897	Alexander, John C.; McElreath, Robert B.	Does education affect how well students forecast the market?	1999	8	.pdf	application/pdf	3104	153	59	The prerequisite course for junior investments students is “Fundamentals of Corporate Finance” and the prerequisite course for senior investments students is “Fundamentals of Investments.” Conclusions Using student forecasts of the DJIA, we find that students fail to outperform a random walk forecast over the entire sample period.	cache/fsr-3897.pdf	txt/fsr-3897.txt