That entirely depends on the return on the bank’s investment, right? I have no idea what that could be in practice. If it were similar to the stock market, say 8% annually, then I think that would be very attractive to forecasters. Being right on a poll where 50% of respondents were also right would be like doubling what you expect to earn from stocks. But obviously that’s risky investing, so probably not feasible. Or if you were already a big bank, you could afford such risk, and make it worthwhile for winners. Was that what you were thinking?
That entirely depends on the return on the bank’s investment, right? I have no idea what that could be in practice. If it were similar to the stock market, say 8% annually, then I think that would be very attractive to forecasters. Being right on a poll where 50% of respondents were also right would be like doubling what you expect to earn from stocks. But obviously that’s risky investing, so probably not feasible. Or if you were already a big bank, you could afford such risk, and make it worthwhile for winners. Was that what you were thinking?