Why We Stink at Forecasting

In a very interesting post on our inability to forecast, Barry Ritholtz writes:

Even though predictions are almost useless, we persist in making and listening to them …

Click on the link below to read further:

10 Points About Forecasting and Why We Stink at It

While you are at it, you may also want to read the chapter “On Forecasting” in the book “Riding The Roller Coaster – Lessons from financial market cycles we repeatedly forget”

#RidingTheRollerCoaster

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