Following reasearch does say NO:
Vissing-Jorgensen, Annette, Perspectives on Behavioral Finance: Does 'Irrationality' Disappear with Wealth?, Kellogg School of Management, Northwestern University, June 2003
Abstract:
"The paper discusses t… more »
Nobody can predict the development of stock prices. After the terrible stock market year of 2008 many market players believed to be able to beat the market by clever buying and selling strategies. They tend to forget that psychological factors interfere… more »
EuroIntelligence: Voodoo Banking by Satyajit, June 9, 2008
"Bank profits in recent history were driven by rapid and large growth in lending, trading revenues and increased risk taking. Banking returns were underwritten by an extremely favourable econo… more »