One-upmanship On Forecasting (The S&P 500 Index Is Obsolete) |
| December 02, 2015 | December 2015 Bond Updates |
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Never assume the guy on the other end of your phone is smarter than you, particularly if he's an economist, market letter writer or even chief investment officer of Blah, Blah and Blah. Pervasive wrong-footedness of institutions is seldom remarked on because nobody keeps detailed suspense files on past quarterly, annual and long range forecasts that went far astray. |
| View more at: http://www.forbes.com/sites/martinsosnoff/2015/12/01/one-upmanship-on-forecasting-the-sp-500-index-is-obsolete/ |
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