www.marketwatch.com
A financial strategist believes a specific calculation dating back to 1963 is now obsolete. While the exact calculation is unspecified, the statement implies it was previously a reliable method for financial analysis or forecasting. The strategist argues that changes in the market, economy, or investment landscape have rendered it inaccurate or irrelevant. This suggests investors should avoid relying on this outdated metric and seek more modern, effective tools for decision-making. The focus is on the importance of adapting to evolving conditions and questioning established practices.
