Should We Be Tactical?

We should be open and humble about our tactical ability to add value.
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Stats About Statistics

Never be too sure about anything.
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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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Holiday Colors

Investment professionals and financial commentators are not immune.
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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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