On Predictions

On Predictions

IT’S JUST NOT EASY TO DO. Brexit came as a shock to many. So did the outcome of the U.S. election, but let’s face it – whether you’re trying to evaluate the potential of a company or the future of a country – predicting what may be ahead is never easy. For instance,...

Forecasts and Forecasters Usually Get it Wrong

Forecasts and Forecasters usually get it wrong… …though this NEVER stops them from trying, does it? It seems that no matter how often we experience a market pundit completely punting a forecast, we still really want to believe that someone, somewhere knows what...
When Investing, Be Mindful of ‘Knowledge’ Limitations

When Investing, Be Mindful of ‘Knowledge’ Limitations

Mindfulness and the Limitations of Knowledge in Personal Finance We practice asset allocation, disciplined diversification and rebalancing. We do not buy individual securities looking for the proverbial “pop.” We do not trade. Not that it can’t ever...