This is Brilliant…The Inability to Predict

If anyone tells you that they can make accurate predictions, hold on to your wallet.

One of my firm’s most important practices in investing is to actively ignore most of the noise emanating from strategists and analysts. Most strategists predict the future of the economy or asset classes. Most analysts predict the future of earnings and such. The noise is everywhere, so it requires investors to be active about ignoring it.


This entry was posted in Uncategorized. Bookmark the permalink.

One Response to This is Brilliant…The Inability to Predict

  1. Todd McFarlane says:

    This TED video about cognitive traps common to being in love and investing made me think of some of the behavioral finance content you’ve put out there. Keep the good stuff coming on the psych of investing!

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>