Fallible Forecasts?

With so much evidence against the use of forecasts, why do investors listen to them? Maybe the best investors don’t.
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Why We Don’t Make Forecasts

How many times did the Wall Street consensus predict a market drop? "A spectacular zero."
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The Normal

Normal is the market going up and down in a manner that can be unnerving over short-term periods.
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Groundhog Day

Wall Street's daily Groundhog day
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Rock Science

The best ideas often from keep-it-simple “rock science”, not rocket science. 
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No Crystal Balls – Just Peace Of Mind

Market prognosticators are never in doubt, but often wrong.
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