http://abnormalreturns.com/2005/10/24/the-failure-to-forecast/ A wide-ranging, forecast-free investment blog Thu, 21 Aug 2008 04:29:09 +0000 http://wordpress.org/?v=MU http://abnormalreturns.com/2005/10/24/the-failure-to-forecast/#comment-44 Abnormal Returns » Blog Archive » Taking advice from the (already) wealthy Thu, 05 Jan 2006 19:45:41 +0000 http://abnormalreturns.wordpress.com/2005/10/24/random-events-and-the-failure-to-forecast/#comment-44 [...] Our supposition is that you should view this club’s advice as you would any “expert” opinion - with skepticism. Understanding their biases will help you sort through their conclusions as well. The U.S. economy does have serious problems, and may in fact suffer dearly for them. However, this club does not have a monopoly on the future or how we should approach it. [...] [...] Our supposition is that you should view this club’s advice as you would any “expert” opinion - with skepticism. Understanding their biases will help you sort through their conclusions as well. The U.S. economy does have serious problems, and may in fact suffer dearly for them. However, this club does not have a monopoly on the future or how we should approach it. [...]

]]> http://abnormalreturns.com/2005/10/24/the-failure-to-forecast/#comment-29 Abnormal Returns » Blog Archive » Forecasting folly follow-up Mon, 21 Nov 2005 21:25:26 +0000 http://abnormalreturns.wordpress.com/2005/10/24/random-events-and-the-failure-to-forecast/#comment-29 [...] We posted earlier on the many problems involved with financial forecasting. A couple of items further emphasize this hypothesis. [...] [...] We posted earlier on the many problems involved with financial forecasting. A couple of items further emphasize this hypothesis. [...]

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