will let you buy on the bottom tick and sell on the top tick once in your investing career. You are, however, free to do the opposite as often as you like.
Nouriel Roubini’s stupendously accurate (and lucky) prediction of a financial meltdown is thus counterbalanced by this article in Forbes in which he contends that the stock market will go much, much lower. Check the date on the article-it is three days after the bottom.
My point is not to bag on Mr. Roubini’s forecasting prowess, but just to point out the uselessness of prediction in general.
