I’m not sure what you mean by resolution. But if you mean accuracy, perhaps a counter example is the reversion of stock values to the long-term mean appreciation curve creating value forecasts that actually become more accurate five or 10 years out than in the near term?
I’m not sure what you mean by resolution. But if you mean accuracy, perhaps a counter example is the reversion of stock values to the long-term mean appreciation curve creating value forecasts that actually become more accurate five or 10 years out than in the near term?