Prediction is Dumb: Idiot-Maker Rally Edition

Clusterstock has a whole list of gurus who were wrong about the 2-year rally from the lows in the S&P 500, which they refer to as the “idiot-maker rally.” Kind of funny.

On the other hand, they could have been right at any time. Does that mean you should listen to them? No!

Some predictions are bound to be right, but it’s basically a coin flip. No one knows what will happen in the future. Stick with an adaptive, systematic method.

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One Response to Prediction is Dumb: Idiot-Maker Rally Edition

  1. J Fields says:

    Funny stuff! Score one for RS….

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