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BitMEX co-founder Arthur Hayes today posted a review of his eight market predictions from November 2023 combined with the macro market, and the final result was "two correct" and "six wrong." Arthur adds that he's still making money even though he's only 25% correct. Arthur says he writes these macro analyses in an attempt to predict what the government's policy response to market conditions will be - to press the "print money" button once everyone agrees things are getting pretty bad. As long as his portfolio can rise through the constant issuance of fiat currencies, it doesn't matter if every event is wrong, because the government will eventually respond as expected.
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