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That's About As Accurate As A Market Forecast Can Be


Forecasts Tell You More About The Forecaster Than Of The Future


In general, forecasts really do tell you more about how optimistic or pessimistic the person selling it is, and not so much about what's actually going to happen. In a couple of reviews we came across on post-market track records, these forecasts don't age as well as fine wine.


Instead of trying to predict the unpredictable, why not consider identifying a number of strong companies with 1) a long runway ahead of them for the foreseeable future, 2) decent track record and 3) strong likelihood of generating cash flow going forward?


This might be much easier, and also more useful than trying to predict what interest rates might look like in the next week.


As always, "Come for the laughs, stay for the fun times".


#market #forecast #investing #comic #probability #wow

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